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CIL stake sales

CIL stake sale: Strong pitch made to foreign, domestic investors

A strong pitch has been made among investors from the US and Europe, as also various domestic funds and state-run behemoths like LIC and SBI, to participate in Coal India's mega share sale worth Rs 22,600 crore tomorrow.

Jan 29, 2015, 20:14 PM IST

Govt to sell 10% stake in CIL on Jan 30; to get Rs 24,000 cr

The government will sell up to 10 percent stake in the blue chip Coal India Ltd (CIL) through offer for sale on Friday and is expected to mop up around Rs 24,000 crore at current market price.

Jan 28, 2015, 18:53 PM IST