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SAIL offer over-subscribed; Govt to raise at least Rs 1,500 cr

While the new government assumed power in late May, there have been no PSU share sales so far in the current fiscal.

SAIL disinvestment on today, govt to get Rs 1,700 cr

The SAIL offering would be the first PSU share sale under the new government, which targets to raise Rs 43,425 crore.

SAIL disinvestment on Friday, govt to get Rs 1,700 cr

Kicking off its disinvestment drive, the government will sell 5 percent of its stake in steel major SAIL on Friday, which could fetch Rs 1,700 crore to the exchequer.

SAIL share sale to hit markets between Sept 24-26

The sale of 5 percent stake of the steel maker at the current market price of Rs 77.15 apiece would fetch the exchequer around Rs 1,600 crore.

DoD plans SAIL stake sale in Sept; ONGC, power cos to follow

The government will kick off its big-bang disinvestment drive with 5 percent stake sale in SAIL in September, followed by ONGC and power sector PSUs like REC, PFC and NHPC.

DoD meets SteelMin, merchant bankers on SAIL disinvestment

Kick starting the process of 5 percent stake sale in SAIL, the Disinvestment Department Monday held meeting with merchant bankers and steel ministry officials to move ahead with it.

Govt lowers stake sale in SAIL to 5.82%; floor price at Rs 66

The SAIL issue would fetch the exchequer about Rs 1,587 crore at Rs 66 apiece, if subscribed fully.

EGoM meet on SAIL disinvestment postponed for tomorrow

A crucial meeting of an inter- ministerial panel that was scheduled for Tuesday on disinvestment of government's 10.82 percent stake in steel major SAIL has been deferred for tomorrow amid political developments.

Govt eyes Rs 3,500 cr from SAIL disinvestment by March-end

"SAIL stake sale is very much in our domain for the current fiscal. DoD is in talks with the Steel Ministry on how to go about it. We are looking to raise somewhere between Rs 2,700-3,500 crore," official sources said.

Govt clears disinvestment of 10.82% stake in SAIL

The government on Thursday approved the sale of 10.82 percent of its stake in Steel Authority of India (SAIL), which may fetch the exchequer over Rs 4,000 crore.

Govt considering alternatives to SAIL disinvestment

The government is considering alternatives, including the buyback route, to disinvestment in steel giant SAIL as the market conditions are not conducive to a public issue.