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Reliance Industries to sell 3.1% stake in Network18 for Rs 173.55 cr

Jul 07, 2015

Reliance Industries to sell 3.1% stake in Network18 for Rs 173.55 cr

Reliance Industries-owned Shinano Retail Pvt Ltd's Offer for Sale to sell 3.25 crore equity shares, scheduled to open on 8 July, has set a floor price at Rs 53.40 per share. #Reliance Industries #Mukesh Ambani #SEBI #TV18 Broadcast #Offer for sale #Independent Media Trust #Shinano Retail
IPO-headed IndiGo faces litigations involving Rs 1,114 cr

Jul 01, 2015

IPO-headed IndiGo faces litigations involving Rs 1,114 cr

In the nine months ended December 2014, IndiGo posted a profit of Rs 720.84 crore on revenues of Rs 10,359.79 crore. #Business #Aviation #IPO #CompanyWatch #IndiGo #equity #service tax #VAT #Offer for sale #Interglobe Aviation
Coal India stake sale today, floor price fixed at Rs 358

Jan 30, 2015

Coal India stake sale today, floor price fixed at Rs 358

The disinvestment will take place amid a section of trade unions threatening "symbolic demonstration" tomorrow to protest against the share sale and also warned of a possible strike at a later stage. #Economy #GDP #Disinvestment #coal india #SEBI #ONGC #CompanyWatch #Ministry of Coal #Offer for sale
Disinvestmnent department seeks OFS route to divest in PSUs

Jul 28, 2014

Disinvestmnent department seeks OFS route to divest in PSUs

The OFS is the most preferred route for stake sale and has evoked good response from investors and hence the government has decided to stick to it, sources said. #Economy #ThisisNext #finance ministry #coal india #SEBI #ONGC #REC #Department of Disinvestment #Offer for sale
Centre to speed up PowerGrid stake sale, aims Rs 3,000 cr

Aug 22, 2013

Centre to speed up PowerGrid stake sale, aims Rs 3,000 cr

PowerGrid reported a net profit of Rs 1,040.34 crore in the April-June quarter of the current financial year. #Investing #Disinvestment #SEBI #CompanyWatch #PowerGrid #Offer for sale
Govt targets Rs 172 cr via National Fertilisers stake sale

Jun 05, 2013

Govt targets Rs 172 cr via National Fertilisers stake sale

The government plans to disinvest 7.64 percent stake, or over 3.74 crore shares, of NFL through Offer For Sale route in the domestic market. #Business #Investing #Disinvestment #CompanyWatch #National Fertilisers #Offer for sale
Oracle Financial shares tank as promoter plans offer for sale

May 08, 2013

Oracle Financial shares tank as promoter plans offer for sale

Oracle will reduce its current 80.3% ownership stake in Oracle Financial Services Software to 75% to meet the legal mandate through an offer for sale (OFS) transaction. #Investing #StockWatch #Oracle #Oracle Financial Services Software #promoter #Shareholding #Offer for sale
MMTC stake sale offer likely to hit markets in April

Apr 09, 2013

MMTC stake sale offer likely to hit markets in April

The government had shortlisted three merchant bankers for selling over 9.33 crore shares or 9.33 percent of its stake in MMTC in the current fiscal through an OFC. #Disinvestment #CompanyWatch #MMTC #Offer for sale
EGoM to decide on OIL stake sale on Wednesday

Jan 29, 2013

EGoM to decide on OIL stake sale on Wednesday

The government holds 78.43 percent stake in the company and would come down to 68.43 percent, after disinvestment. #P. Chidambaram #oil #CompanyWatch #Offer for sale
ONGC fiasco: Why Sebi should bar govt from the markets

Mar 02, 2012

ONGC fiasco: Why Sebi should bar govt from the markets

In India, the finance minister is Gordon Gekko, who infamously said Greed is Good. A greedy government is responsible for the ONGC share fiasco. #Disinvestment #SEBI #ONGC #DumbMoney #ONGC Offer for Sale