Search Results for: disinvestment

Modi govt forms Bharat-22 ETF to sell stakes in 22 firms

The new exchange-traded fund will have a single company cap of 15 percent and a 20 percent cap on each sector.

Aug 5, 2017

Letting go, slowly: Govt to divest up to 25% stake in 4 defence firms via IPO floats

The government has so far sold equity in Hindustan Copper, Cochin Shipyard, HUDCO, L&T and the Dredging Corporation, among others.

Aug 4, 2017

Above the table: GST gets it right on the money

The landmark reform's biggest loophole will appear in the form of our systemic inability to discard old paradigms.

Jul 31, 2017

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Selloff looms ahead, and Air India tags on more wings

Three Boeing 777-300 ER and as many 787-8 planes to join fleet by March 2018

Jul 27, 2017

Cochin Shipyard floats Rs 1,400-crore IPO despite grim shipbuilding prospects

Post IPO allotment, the government will hold a 75 percent share in the shipbuilder, while the balance 25 percent will be held by the public.

Jul 25, 2017

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Investment dept told to prepare proposal for Air India sale

Dipam (Department of Investment and Public Asset Management) told to coordinate with Civil Aviation ministry.

Jul 22, 2017

Air India passenger plane, air india pilot

Air India chief Ashwani Lohani says stake sale 'a win-win' for employees amid reports of staff buyout

Apart from outlining the benefits of Air India's disinvestment from the business point of view, Lohani also said that the employees would enjoy working under a corporate structure.

Jul 19, 2017

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Want to acquire AI's international operations: IndiGo

While IndiGo may be interested in buying national passenger carrier Air India's international operations, it has said that it is not keen on a joint venture with the government.

Jul 7, 2017

Air India divestment: More positives than negatives to a Maharaja's selloff

Was the intangible benefits of holding on to a 13 percent market share worth pouring red ink on a battered balance-sheet? The government didn't think so.

Jul 3, 2017

Modi govt approves 'in-principle' sale of Air India; Tatas can be in the fray to buy national carrier

FM Arun Jaitley says the Union Cabinet on Wednesday gave "in-principle" approval to sell Air India; Tata Group, among others, could bid for buying the carrier.

Jun 28, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Hudco lists at 22% premium to issue price

The Hudco IPO was oversubscribed 79 times; the share listed at Rs 73.45 on the BSE.

May 19, 2017

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Modi govt turns 3: Sensex gains 25% since May 16, 2014

The BJP-led NDA under Narendra Modi as prime ministerial candidate came to power in May 2014, triggering many highs for benchmark indices Sensex and Nifty.

May 16, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india, rera, real estate

Hudco IPO to open on May 8, close on May 11

A fully-owned public sector company, Hudco, is offering 20 crore shares by way of offer of sale at a price band of Rs 56-60 per share.

May 3, 2017

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IRCTC, RITES, IRCON, Mazagon Dock, Garden Reach get Cabinet nod for listing

The Union Cabinet chaired by PM Narendra Modi on Wednesday approved the listing of 11 government companies.

Apr 13, 2017

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GVK sells 33 percent stake in Bengaluru airport to Fairfax

Infrastructure company GVK Ltd announces the sale of 33 percent of its 43 percent equity stake in Bangalore International Airport Ltd to Canadian investment firm Fairfax for Rs 2,202 crore.

Mar 25, 2017

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