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stake sale News
BPCL Privatisation News Today: Money! Special dividend to shareholders? Check latest stake sale update
Tue, Mar 02, 2021
BPCL may use Rs 9,876 crore proceed from stake sale in Numaligarh Refinery to pay a special dividend to shareholders, the biggest being Government of India.
Air India Privatisaton News: Check latest update on divestment process, stake sale
Sun, Dec 20, 2020
Privatisation of Air India may spill into next fiscal year as the divestment process is unlikely to conclude in the remaining a little over three months of 2020-21.
Air India Disinvestment: Stake sale alert! Deadline extended; bidding to be done on enterprise value not equity - All you need to know
Thu, Oct 29, 2020
The Centre on Thursday extended the deadline for submitting the bids to buy 100 per cent stake in national carrier Air India to December 14 from October 30.
Government hopeful BPCL strategic sale to sail through without further extensions
Sun, Oct 18, 2020
After four extensions, the government is hopeful that strategic sale of Bharat Petroleum Corporation Ltd. (BPCL) may go through without any further need to postpone the bidding deadlines.
IRCTC Stake Sale: All you need to know about government plans via offer for sale (OFS)
Mon, Sep 14, 2020
IRCTC, the only entity authorised by Indian Railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India, was listed on stock exchanges in October 2019.
IRCTC Stake Sale: Here is latest news about government plans
Wed, Sep 09, 2020
The government is planning to sell about 15-20 per cent stake in IRCTC via offer for sale (OFS) and would like to complete the transaction in minimum number of tranches. The government currently holds 87.40 per cent stake in IRCTC.
IRCTC Stake Sale: All you need to know about government plans for Indian Railway Catering and Tourism Corporation OFS
Wed, Sep 02, 2020
The Central government is planning to sell part of its shares in the Indian Railway Catering and Tourism Corp (IRCTC) through an offer for sale (OFS).
REVEALED! These 5 large banks are likely to sell shares to institutional investors
Sun, Aug 23, 2020
Five large banks are looking to shore up their capital base amid the coronavirus pandemic impacting the economy.
IRCTC alert! Government plans further stake sale - Check last date for bids
Thu, Aug 20, 2020
In a major development, Modi government has planned further stake sale in Indian Railway Catering and Tourism Corp (IRCTC) in the current fiscal.
IFCI sells 0.2% share in NSE
Tue, Jan 09, 2018
The money will help IFCI turn around its operations
Airtel sells 3% Bharti Infratel stake for Rs 2570 crore to pare debt
Tue, Aug 08, 2017
Airtel said it completed stake sale in Bharti Infratel. The company along with its subsidiaries now owns 58% in Bharti Infratel.
Bharti Airtel subsidiary selling stake in Bharti Infratel for up to $400 million
Mon, Aug 07, 2017
Indian telecoms group Bharti Airtel Ltd has launched a sale of a 3.7 percent stake in tower arm Bharti Infratel Ltd for up to 25.52 billion rupees ($400 million), according to a deal term sheet.
Can Govt achieve its disinvestment target this year?
Mon, Aug 07, 2017
Government has set a disinvestment target of Rs 72,500 crore this financial year 2017-18.
ONGC-HPCL deal: Is the deal fair for HPCL shareholders?
Thu, Jul 20, 2017
Union Cabinet gave in-principle nod for sale of government's stake in HPCL to ONGC. Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
Cabinet gives in-principle nod to 51% HPCL stake sale to ONGC
Wed, Jul 19, 2017
Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications
Tue, Jul 18, 2017
CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.
Tech Mahindra's step-down subsidiary LCC Middle East FZ announces to sell 100% stake in LCC Pakistan
Wed, Jun 21, 2017
Tech Mahindra's step-down subsidiary LCC Middle East FZ LLC will sell its 100% shareholding in LCC Pakistan to Talkpool AG and the deal is expected to be completed by October 31 this year.
Tata Sons to buy Tata Steel stake in Tata Motors
Sat, Jun 17, 2017
Tata Sons Ltd, the holding company of India`s salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd`s stake in Tata Motors Ltd on or after June 23, it said in a regulatory filing on Saturday.
Niti Aayog proposes 26% stake sale in Shipping Corporation of India
Wed, Jun 14, 2017
The sale of the stake in Shipping Corporation of India could fetch the government Rs 960 crore in current market prices.
ICICI to sell stakes in ICICI Lombard; govt banks plan to raise 58,000 crore by selling shares
Tue, Jun 06, 2017
This segment of News 360 brings to you important business updates of the day. Opening of international exchange of NSE, closure of Nifty and Sensex on record levels and other significant news are featured in this segment. About Zee Business --------------------------