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ICICI Securities, IDFC and Kotak Capital to manage EIL stake sale ICICI Securities, IDFC and Kotak Capital to manage EIL stake sale At the market price of around Rs 175 a share, the 10 percent stake sale could fetch about Rs 600 crore to the exchequer.
Coal Min not in favour of CIL stake sale till issues resolved Coal Min not in favour of CIL stake sale till issues resolved Lingering row between CIL and power producers such as NTPC is casting a shadow over 10 percent divestment plans in the coal major as its parent ministry has reservations about stake sale till issues, like Rs 9,000- crore dues owed by electricity utilities, are resolved.
Panel to consider 11% stake sale in NHPC tomorrow Panel to consider 11% stake sale in NHPC tomorrow An inter-ministerial panel on disinvestment is scheduled to meet Monday to consider 11.36 percent stake sale in hydel-power generation company NHPC, which could fetch government around Rs 2,400 crore.
High AUD, low coal price delay Lanco's Griffin Coal stake sale High AUD, low coal price delay Lanco's Griffin Coal stake sale The sources indicated that though the problem is not specific to the company, these issues may not be encouraging in terms of valuation.
Govt defers decision on MMTC stake sale till July Govt defers decision on MMTC stake sale till July The stake sale, which was originally slated to take place in March, was then deferred until the April-June quarter on valuation concerns.
Govt may appoint 6-7 merchant bankers to manage CIL stake sale Govt may appoint 6-7 merchant bankers to manage CIL stake sale The government is mulling appointing six to seven merchant bankers to manage 10 percent stake sale in Coal India (Coal India) which is likely to fetch over Rs 17,000 crore to the exchequer.
IMG agrees on 10% stake sale in Coal India; to fetch over Rs 17,000 cr IMG agrees on 10% stake sale in Coal India; to fetch over Rs 17,000 cr The IMG, headed by Disinvestment Secretary Ravi Mathur, is guiding the process of disinvestment of government's equity in CIL.
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