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Stake sale

RCom board okays strategic stake sale

RCom board okays strategic stake sale


RCom has given in-principle approval to dilute 26% equity in a strategic sale.
Citigroup sells shares worth Rs.480 cr of 35 Indian firms

Citigroup sells shares worth Rs.480 cr of 35 Indian firms


Foreign fund house Citigroup Global has sold shares valued over Rs 480 crore of 35 Indian companies,...
RIL ups offer for LyondellBasell

RIL ups offer for LyondellBasell


Reliance Industries Ltd has recently sweetened its offer to buy a controlling stake in bankrupt chem...
IOC to have 26-49% stake in nuke power plant with NPCIL

IOC to have 26-49% stake in nuke power plant with NPCIL


Indian Oil Corp, the nation`s largest oil firm, on Monday said it will take 26-49 percent stake in...
Govt clears stake sale by Sistema-Shyam to Russian agency

Govt clears stake sale by Sistema-Shyam to Russian agency


The government has cleared a proposal by the CDMA telecom operator Sistema-Shyam to sell up to 20 ...
‘Highest bid in DPSC stake sale should be treated as floor price’

‘Highest bid in DPSC stake sale should be treated as floor price’


The Calcutta HC has ruled that the highest bid received in the 57% stake sale of DPSC should be trea...
NTPC stake sale to boost market sentiment: Analysts

NTPC stake sale to boost market sentiment: Analysts


The government`s nod for stake sale in state-run power utilities - NTPC and Satluj Jal Vidyut Nigam ...
Suzlon promoters offload 4.50% stake for about Rs 689 cr

Suzlon promoters offload 4.50% stake for about Rs 689 cr


Wind power major Suzlon Energy on Wednesday said three of its promoters have offloaded 7 crore shar...
Govt mulls stake sale along with IPO in SAIL

Govt mulls stake sale along with IPO in SAIL


The government is considering divesting some of its stake in the country`s largest steel producer ...
KIOCL disinvestment put on hold; MOIL to go ahead

KIOCL disinvestment put on hold; MOIL to go ahead


The government has decided to go ahead with the disinvestment of state-owned Manganese Ore India L...