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Hopeful of meeting govt divestment target: Gopalan

Last Updated: Wednesday, September 28, 2011, 11:46

The government is still hopeful of meeting the share sale target of Rs 400 billion (USD 8.2 billion) budgeted for the current fiscal year that ends in March, economic affairs secretary, R Gopalan, said on Wednesday.

Indian Bank defers FPO plan for now

Last Updated: Tuesday, August 23, 2011, 21:57

State-run Indian Bank has deferred its plan of launching a follow-on public offer (FPO) due to poor market conditions, a top bank official said today.

SAIL FPO deferred due to market volatility: Govt

Last Updated: Tuesday, August 02, 2011, 23:00

State-run Steel Authority of India's (SAIL) much awaited follow-on public offer, tentatively scheduled for June this year, was deferred on account of stock market volatility, the Parliament was informed Tuesday.