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BPCL Shares Fall 5% As Major Players Skip Bidding Race
On Tuesday, shares of BPLC declined as much as 5 percent to Rs 392.10 after the bidding for a major stake in the company failed to attract supermajors Saudi Aramco, BP and Total or even Mukesh Ambani's Reliance Industries. Global ...
Cabinet Approves Strategic Disinvestment In NINL
On Wednesday, the union cabinet gave ‘in-principle' approval for strategic disinvestment of equity shareholding of MMTC, NMDC, MECON, BHEL and two Odisha State Government PSUs-IPICOL and OMC in Neelachal Ispat Nigam Limited (NINL) to a strategic buyer, identified through a two-stage ...
Govt To Disinvest In 28 Companies In Strategic Stake Sale In FY20
On Monday, Minister state (MoS) for Finance Anurag Singh Thakur told the Indian lawmakers at the Parliament that the country's cabinet has given 'in-principle' approval for the sale of strategic stakes in 28 state-run companies including Air India. So far ...
Govt Companies Including Air India To Be Part Of Strategic Stake Sale
Bharat-22 ETF 4th Tranche Likely To Hit Next Month
The fourth tranche of Bharat-22 ETF is expected to hit the markets in October. ICICI Prudential MF has reportedly filed draft papers with the SEBI. So far the government has fetched a total of Rs. 26,400 crore via the Bharat ...
Bharat 22 Etf 4th Tranche Likely To Hit Next Month
Govt To Go Ahead With Air India Disinvestment Plans
In a statement on Thursday, the Ministry of Civil Aviation clarified that it will go ahead with the disinvestment process of Air India on recommendations of the Air India Specific Alternative Mechanism (AISAM). "In an AISAM Meeting held on 28th March ...
Govt To Divest 25% In RailTel; Will Initiate IPO
The government of India will be divesting 25 percent stake in RailTel Corporation and will be appointing three merchant bankers to manage its initial public offering (IPO) process. Bids from bankers have been invited from 11 June. The railway PSU's (public ...
Govt To Divest 25 In Railtel Will Initiate Ipo
Govt Sells 'Enemy Property' Worth Rs 1,874 Crore In April
The Indian government sold 'enemy properties' worth Rs 1,874 crore in April by speeding the process of selling such assets to meet its disinvestment target of Rs 90,000-crore set for the current fiscal. In the first month of the financial year ...
Govt Surpasses Disinvestment Target For FY19 By Rs 5,000 Crore
On Friday, the government said that it has exceeded its disinvestment target for the current fiscal year 2018-19 by Rs 5,000 crore. Disinvestment proceeds have touched Rs 85,000 crore. The government's target was set at Rs 80,000 crore. "As against a target ...
Govt Surpasses Disinvestment Target Fy19 Rs 5 000 Crore
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