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LIC buys 4.66% stake in BHEL for Rs 1,889 cr

Last Updated: Tuesday, March 04, 2014, 13:56

Life Insurance Corporation has bought shares worth Rs 1,889 crore, about 4.66 percent stake, in state-owned power equipment maker BHEL through an open market transaction.

Government raises Rs 500 cr selling EIL shares at Rs 150 each

Last Updated: Thursday, February 13, 2014, 18:45

The government on Thursday fixed the issue price for the sale of a stake in Engineers India Ltd (EIL) at Rs 150 a share, the upper end of the price band, garnering Rs 500 crore for the exchequer.

EIL share sale subscribed 1.61 times

Last Updated: Tuesday, February 11, 2014, 23:31

The government's 10 percent share sale in Engineers India Ltd (EIL) was subscribed 1.61 times on fourth day Tuesday with the portion reserved for retail investors getting fully bid.

Engineers India FPO gets lukewarm response on Day 1

Last Updated: Thursday, February 06, 2014, 12:10

Government's 10 percent share sale in Engineers India through follow-on-public offer route received lukewarm response on the first day of issue today.

Engineers India FPO to hit market on Feb 6

Last Updated: Tuesday, February 04, 2014, 11:16

The follow-on public offer (FPO) of Engineers India Ltd (EIL) will hit the capital market on February 6, a top official said.

EGoM clears 10% stake sale in Engineers India via FPO

Last Updated: Thursday, January 30, 2014, 23:36

The government holds 80.4 percent in the 'miniratna' public sector undertaking.

Power Grid share sale subscribed 6.73 times

Last Updated: Friday, December 06, 2013, 20:39

The share sale offer of Power Grid Corporation was subscribed 6.73 times on the final day of offer Friday as institutional and retail buyers queued up to bid for shares in the state-run transmission utility.

Power Grid share sale subscribed 4.77 times on Day 3

Last Updated: Thursday, December 05, 2013, 20:27

The follow-on-public offer (FPO) of Power Grid Corporation was subscribed 4.77 times on the third day of offer Thursday with institutional buyers lapping up the shares.

Power Grid FPO issue subscribed 1.06 times

Last Updated: Wednesday, December 04, 2013, 18:20

The follow-on-public offer (FPO) of Power Grid Corporation was subscribed 1.06 times on the second day Wednesday.

Power Grid issue subscribed 69% on first day of FPO

Last Updated: Tuesday, December 03, 2013, 20:45

The follow-on-public offer (FPO) of Power Grid Corporation of India (PGCIL) was subscribed 69 percent on the opening day Tuesday.

Power Grid FPO opens on bourses

Last Updated: Tuesday, December 03, 2013, 13:19

In the first hour of trading, only 15,750 shares were bid for in the retail investor category of the over 27.44 crore reserved for them, as per data available on the NSE.

PowerGrid's Rs 7,083 cr FPO opens Tuesday

Last Updated: Monday, December 02, 2013, 20:16

Power Grid Corporation of India Ltd (PGCIL), which expects to raise Rs 7,083 crore through the follow-on public offer - to hit the market Tuesday - plans to utilise the proceeds partly to fund its 27 transmission line projects worth over Rs 48,354 crore.