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22 cos tap OFS route for stake sale; firms raise Rs 39k crore

Last Updated: Sunday, February 10, 2013, 14:27

Among the total 22 companies that have used this mechanism to sell shares in the last 11 months, the largest has been the Rs 12,666-crore issue by state-run energy major ONGC in March, 2012.

GIC of Singapore picks up NTPC shares worth Rs 1,000 crore

Last Updated: Friday, February 08, 2013, 15:48

Sovereign wealth fund GIC of Singapore has cornered shares worth Rs 1,000 crore in NTPC divestment in which foreign funds bought almost 45 percent of shares put on sale.

NTPC share sale over-subscribed; govt to get about Rs 11,400 crore

Last Updated: Thursday, February 07, 2013, 08:53

NTPC's mega share sale was over- subscribed just before the market close on Thursday, helping the government fetch close to Rs 11,400 crore -- the biggest disinvestment proceed this fiscal.

NTPC stake sale on Feb 7, may fetch govt Rs 12,000 cr

Last Updated: Tuesday, February 05, 2013, 19:24

The government will offload 9.5 percent stake in power major NTPC on Thursday, which may fetch the exchequer around Rs 12,000 crore.

EGoM tomorrow to decide on NTPC stake sale

Last Updated: Monday, February 04, 2013, 16:48

Empowered Group of Ministers (EGoM) chaired by Finance Minister P Chidambaram is expected to meet here tomorrow to decide on time and price of 9.5 percent stake sale in power major NTPC which could fetch Rs 12,000 crore to the exchequer.

NTPC stake sale in 8-9 days, may fetch Rs 12,000 cr to govt

Last Updated: Friday, February 01, 2013, 21:05

Finance ministry will launch in the next 8-9 days the share sale offer of power major NTPC, which is expected to fetch Rs 12,000 crore to the exchequer.