Last Updated: Sunday, January 12, 2014, 15:25
The finance ministry has been holding meetings with heads of cash rich bluechip PSUs, including ONGC, Coal India and SAIL, to persuade them to pay higher dividends.
Last Updated: Sunday, August 25, 2013, 11:57
The OFS or auction route has yielded Rs 33,800 crore to the exchequer through stake sale in 11 companies since March 2012, beginning with oil major ONGC.
Last Updated: Monday, August 05, 2013, 20:29
The disinvestment department has shelved plans to sell a stake in power equipment maker BHEL, citing valuation concerns and a depleting order book.
Last Updated: Wednesday, June 12, 2013, 17:35
Leaders of a growing Palestinian movement to boycott Israel oppose any peace talks, even if they include a freeze of Jewish settlements on Palestinian land.
Last Updated: Thursday, May 30, 2013, 18:30
So far the companies had to announced sale of promoters share to meet the guidelines through Offer-for-Sale (OFS) mechanism at least one trading day prior to the date of sale.
Last Updated: Monday, May 27, 2013, 19:15
The Department of Disinvestment (DoD) has moved Cabinet for selling 10 percent shares in Indian Oil Corp (IOC), the nation's largest oil firm, to raise over Rs 7,000 crore.
Last Updated: Sunday, April 14, 2013, 12:36
Government is likely to offload 10 percent stake in defence equipment maker Hindustan Aeronautics (HAL) through an initial public offer in the second half of the current fiscal.
Last Updated: Sunday, April 07, 2013, 12:47
The Department of Disinvestment is working on tweaking the Offer For Sale (OFS) mechanism for PSU stake sale by carving out a separate 5 percent category for retail investors.
Last Updated: Sunday, April 07, 2013, 12:41
Various ministries are required to submit their inputs by tomorrow to the Department of Disinvestment (DoD) on the draft Cabinet note for up to 10 percent stake sale in Coal India.
Last Updated: Sunday, April 07, 2013, 10:59
SAIL will soon ink an equal joint venture pact with sister firm, KIOCL to set up a three lakh tonne a year coke oven plant and a 25 MW power plant at an estimated investment of Rs 500 crore, a source said.
Last Updated: Wednesday, April 03, 2013, 21:43
There is a need for simplifying the pricing mechanism in the offer-for-sale route while divesting stakes in state owned companies, Divestment Secretary Ravi Mathur said Wednesday.
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