Canara Bank will use proceeds from stake sales in mutual fund and housing finance units to augment resources and improve capital base
1 min read22 Nov 2017Around 85% of the equity supply is expected to be in financial services and/or for the government, particularly insurance
3 min read18 Aug 2017Warburg Pincus will purchase 30% stake in Tata Technologies from Tata Motors and its subsidiary Sheba Properties and 13% stake held by Tata Capital
2 min read16 Jun 2017Bobcards, however, has not disclosed the quantum of stake it plans to divest or the amount it is seeks to raise
2 min read10 May 2017The govt plans to divest up to 10% in Coal India by August. That, coupled with weak volumes, will continue to weigh on the company's share prices
2 min read14 Feb 2017Cyrus Mistry's business plan for Tata Group, which he presented at the 15 September board meeting, didn't go down well with a few Tata Sons directors
2 min read23 Dec 2016Govt to invite bids from bankers, advisers this week; aims to raise $7.4 billion in all stake sales in 2013/14
1 min read9 May 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared