Government Stake Sale News

Companies

ONGC approves ₹4,022 crore share buyback

The 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 2018
Market

Coal India shares fail to kindle the fire

Coal 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 2018
Market

Coal India’s share sale plans eclipse bright outlook for FY19

Clarity on the potential government divestment in Coal India could clear some uncertainty in the minds of investors

2 min read20 Aug 2018
Industry

Government likely to sell IDBI Bank stake to LIC, others in July

The IDBI stake sale would lower the government's share to below 50% from about 81%

1 min read22 Jun 2018
Companies

RITES will offer 12% stake through IPO: MD Rajeev Mehrotra

RITES chairman and managing director Rajeev Mehrotra on the growth prospects of the Indian Railways PSU and how it seeks to expand its portfolio

2 min read8 Jun 2018
Market

Bharat Dynamics files IPO papers with Sebi

The Bharat Dynamics IPO will see sale of equity shares by the government and the public issue will help the company in achieving the benefits of listing

1 min read23 Jan 2018
Opinion

The economics of bank recapitalisation bonds

Recapitalisation bonds will lead to an improvement in government finances as it would be able to sell its stake in PSU banks at much higher valuations

5 min read31 Oct 2017
Market

Government to sell 5% stake in NLC India Ltd at Rs94 per share

The government's disivestment dept DIPAM has approved sale of 3% equity shares of NLC India Ltd as a base offer, with an option to sell an additional 2%

1 min read26 Oct 2017
Market

GIC Re IPO to launch on 11 October

The GIC Re IPO will see shares sold in a price band of Rs855-912 apiece, valuing General Insurance Corporation of India at Rs75,000-80,000 crore

2 min read5 Oct 2017
Money

Govt forms Bharat 22 ETF to sell stakes in 22 firms

The Bharat 22 exchange traded fund (ETF) portfolio includes CPSEs, public sector banks and SUUTI stocks

2 min read5 Aug 2017
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