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SAIL floor price set at Rs 63/share; govt to raise Rs 1,514 crore

Last Updated: Thursday, March 21, 2013, 17:56

The government on Thursday decided to sell 5.82 percent stake in SAIL at a minimum price of Rs 63 apiece, a 1.41 percent discount to closing price, to raise Rs 1,514 crore.

Govt gets Rs 620 cr from Nalco share sale

Last Updated: Friday, March 15, 2013, 16:26

Nalco public offer was fully subscribed before the close of market hours Friday, guaranteeing at least Rs 515 crore to the government from the stake sale.

Nalco stake sale: Floor price fixed at Rs 40/share; 10% discount given

Last Updated: Thursday, March 14, 2013, 18:37

The base price of Rs 40 a share for National Aluminium Company of India (Nalco) is at a discount of 9.61 percent over Thursday's closing price of company's shares at Rs 44.25 on the BSE.

Govt hopeful of achieving divestment target; Hind Copper stake sale oversubscribed

Last Updated: Friday, November 23, 2012, 17:33

Encouraged by the response to the first stake sale in the current financial year, Finance Minister P Chidambaram expressed the hope that government would able to garner the targetted Rs 30,000 crore in 2012-13 through disinvestment.