Dilution of government stake will help banks to meet 25 % public float norms of market regulator Sebi
2 min read14 Jan 2019The ONGC share buyback is the latest in several announced by PSUs, including Indian Oil, as the government moves to bridge its fiscal deficit via several disinvestments
1 min read20 Dec 2018Indian Oil shares rose 3.10%, or 4.25, to 141.45 apiece on the BSE while the benchmark Sensex closed flat at 35,962.93 points
1 min read15 Dec 2018Coal India's inclusion in CPSE ETF has compounded troubles for the stock already affected by the government's stake sale plans
2 min read7 Dec 2018The REC stock was trading at ₹98.90, down 7.35 per cent, while the PFC scrip was trading at ₹79.60, 1.18 per cent lower over its previous close on the BSE.
1 min read24 Sep 2018Before the UTI AMC IPO, the government will ask LIC, SBI, PNB and Bank of Baroda to cut their stakes in UTI Mutual Fund from 18.25% to 10% each
5 min read30 Aug 2018Clarity on the potential government divestment in Coal India could clear some uncertainty in the minds of investors
2 min read20 Aug 2018The deal between Tata Teleservices and Airtel has made little headway because the government wants to know who will pay Tata Tele's 10,000 crore in dues
4 min read20 Aug 2018The LIC-IDBI Bank deal will trigger an open offer to protect the interest of minority shareholders in the bank
1 min read16 Jul 2018IATA director general and CEO Alexandre de Juniac says the government would be in a better position to analyse why the Air India stake sale process failed
1 min read15 Jul 2018The 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