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Govt to sell 10% stake in IOC to raise Rs 9,500 cr on Monday

Aug 21, 2015

Govt to sell 10% stake in IOC to raise Rs 9,500 cr on Monday

The IOC stake sale will, however, dwarf in front of Rs 22,557 crore that the government raised through a stake sale in Coal India Ltd last year. #Disinvestment #coal india #ONGC #Indian Oil #Citigroup #Arun Jaitley #Nomura #Nalco #NMDC #Dharmendra Pradhan #JM Financial #Kotak Securities #Deutsche Equities
Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Mar 25, 2015

Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Finance Minister Arun Jaitley on Wednesday said the government has drawn a list of state-owned companies which will be put on block for strategic sale. #PSUs #finance ministry #Narendra Modi #NewsTracker #Arun Jaitley #IOC #BHEL #Nalco #NMDC #Hindustan Aeronautics #RINL
India expects to raise $3.6 bn from share sale in four firms: Jayant Sinha

Mar 20, 2015

India expects to raise $3.6 bn from share sale in four firms: Jayant Sinha

The cabinet has already approved the sale of 5 percent stakes in ONGC and Bharat Heavy Electricals Ltd, and 10 percent each in Nalco and NMDC Ltd, Sinha told lawmakers in a written reply in the Lower House of Parliament. #India #NewsTracker #ONGC #Arun Jaitley #Nalco #NMDC #Bharat Heavy Electricals Ltd #Jayant Sinha
Bhel disinvestment likely in April, may fetch Rs 3,200 cr

Mar 18, 2015

Bhel disinvestment likely in April, may fetch Rs 3,200 cr

In March 2014, the government had sold 4.66 percent stake in Bhel to LIC through a block deal for around Rs 1,800 crore. #Disinvestment #IOC #BHEL #CompanyWatch #Nalco #NMDC #LIC
Digital India: Reliance Jio to roll out wi-fi network in central Delhi by June

Feb 08, 2015

Digital India: Reliance Jio to roll out wi-fi network in central Delhi by June

Reliance Jio will use street light pillar to install Wi-Fi equipment which will give high speed to users. #NewsTracker #NMDC #Wi-Fi #Reliance Jio #Central Delhi
NMDC cuts February iron ore prices by up to 11%

Feb 06, 2015

NMDC cuts February iron ore prices by up to 11%

NMDC Ltd , India's biggest iron ore producer, said on Friday it had cut prices of the mineral by up to 11 percent for February, a welcome move for domestic steelmakers already pressured by a surge in steel imports. #JSW Steel #NMDC #steel price #iron ore fines #iron ore lump
Earnings: NMDC Q3 net rises 1.5% as low sales hit profitability

Feb 06, 2015

Earnings: NMDC Q3 net rises 1.5% as low sales hit profitability

Hit by lower sales, state-run iron ore miner NMDC reported a marginal 1.6 percent increase in net profit for the October-December quarter at Rs 1,593 crore. #steel #NMDC #Q3 earnings
Earnings: IOB posts loss of Rs 516 cr in Q3 on high provisioning

Feb 05, 2015

Earnings: IOB posts loss of Rs 516 cr in Q3 on high provisioning

IOB reported a net loss of Rs 516.03 crore for the quarter ended December 2014 due to higher provisions for bad loans. #coal india #Credit Suisse #Bank of America Merrill Lynch #JPMorgan #HDFC Bank #Divestment #NMDC #Cityspring Management #Government share sale
Budget 2015: FY16 divestment aim may be around Rs 43,000 cr

Feb 05, 2015

Budget 2015: FY16 divestment aim may be around Rs 43,000 cr

Finance Minister Arun Jaitley, in the Budget 2015, is likely to target around Rs 43,000 crore from disinvestment proceeds, almost the same level that the government expects to realise from stake sale in PSUs this fiscal. #coal india #Divestment #NMDC #NHPC #MMTC #State Bank of Mysore #Hindustan Copper #HMT #SJVN #Budget2015 #National Fertlisers #Neyveli Lignite Corp #State Trading Corp #divestment drive #Personal Finance Budget 2015 #Finance Budget 2015