Page 2 Divestment: Latest News and Updates, Top Stories, Videos, Photos About Divestment

Govt Invites Fresh Bids For Disinvestment In Pawan Hans

On Tuesday, the government invited fresh bids for strategic sale of helicopter services provider Pawan Hans along with transfer of management control, after two unsuccessful attempts. At present, the government owns a 51% stake in Pawan Hans, while Oil and Natural ...

Should You Buy This Maharatna PSU Stock That Nears 52 Weeks Low Price?

As at the close of Friday's trade (November 20), the scrip of Coal India, which is Kolkata-based largest coal producer in the world, settled down by almost 0.5% at Rs. 121.45. The stock is very close to its 52 week low ...

LIC's IPO May Be Postponed To Next Fiscal

Life Insurance Corporation (LIC's) mega initial public offer is likely to be launched in the next fiscal as the centre would first have a glance on the independent actuarial valuation of LIC, a top official is quoted as saying in ...

Coal India, NTPC, EIL May Come Up With Share Buybacks; Stocks Trade Higher

As per a leading business channel report, the centre has asked public sector undertakings to rewards its shareholders. For this criteria considered is for companies that are trading at a price higher than the book value. Book value is a measure ...

BPCL To Offer ESOPs To Employees Before Privatisation

Privatisation of BPCL is impending and ahead it state-run company has decided to reward its employees with ESOPs at one-third the market rate. In a filing the board said, "approved the proposed Employee Stock Purchase Scheme (ESPS) to the specified employees ...

Government To Divest 15 Percent Stake In HAL

The government will divest a stake of up to 15 percent in state-owned defence major Hindustan Aeronautics (HAL) through offer for sale (OFS). The floor price for the offer has been pegged at Rs 1,001 per share of the company. ...

LIC IPO: Finance Ministry Invites Bids For Transaction Advisors

On Friday, the finance ministry laid the road to divestment in the country largest insurer, in what is expected to become the largest ever IPO (initial public offering) in India. The Department of public asset management (DIPAM), under the finance ministry, ...

ONGC Stock Cracks Below Rs. 100/Share: Should You Buy The Stock?

After reporting a weak set of earnings number for the Q3FY20 period where net profit at the company halved to Rs. 4152 crore, the PSU oil and natural gas company Oil and Natural Gas Corp. Ltd (ONGC) continues to fall in ...

Listing Of LIC: Policyholders' Interest To Be Protected

After Budget 2020 announced diluting its stake in LIC, you too as a likely policyholder would have worried about the fate of your investments in LIC. Nonetheless on February 2, Finance Minister Nirmala Sitharaman instilled confidence in as many as 30 ...

Govt Approves Air India Stake Sale: Reports

On Tuesday, the central government approved a draft inviting initial bids for a stake sale in Air India, according to a Mint report citing an unnamed senior official. In a meeting, which was attended by government officials and ministers, further ...

There Is No Recession Yet Or There Won't Be Any Recession Ever: FM

To usher confidence, the FM has once again in the Rajya Sabha said that though the state of the Indian economy is registering slow growth 'there is no recession yet or there won't be any recession'. She listed out a comparison ...

Rupee Opens Unchanged At 71.82

Rupee opened unchanged at 71.82 against previous day's close of 71.81 per US dollar.In Wednesday's trade, rupee weakened influenced by other Asian currencies as there was no proper take on US-China dispute . Also, a bill passed supporting protesters in Hong ...

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