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Share sale News

01 Apr 2016

ICICI Bank sells part stake in insurance firms for Rs 2200 crore

Private sector ICICI Bank today said it has sold 9 per cent stake in its general insurance venture ICICI Lombard while 2 per cent stake in life insurance subsidiary ICICI Prudential for about Rs 2,200 crore.

10 Nov 2015

Companies should get listed within six days of share sale: Sebi

To ensure more transparency, the bourses would also be required to provide investors with details about status of their public issue applications through SMS and e-mail.

Rural Electrification Corporation Ltd

07 Apr 2015

REC shares down nearly 5% ahead of share sale

Shares of Rural Electrification Corporation Ltd Tuesday ended nearly 5 percent lower after the government announced to sell 5 percent of its stake tomorrow in the company to mop up close to Rs 1,600 crore.

20 Mar 2015

Stake sale in 4 PSUs likely to yield Rs 22,547 crore: Sinha

The Cabinet Committee on Economic Affairs (CCEA) has approved sale of equity in four state-owned companies including ONGC and NMDC which may fetch the exchequer Rs 22,574 crore, the Lok Sabha was informed Friday.

24 Feb 2015

StanChart sets date for conversion of IDRs

UK-based Standard Chartered today said it will open a window for conversion of Indian Depository Receipts into shares or shares into (IDR) from March 24.

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