Department Of Disinvestment

PFC stake sale floor price set at Rs 254/share; govt to raise Rs 1,676 crore

Government holding in PFC will be reduced to 67.80% from 72.80%

Govt to sell stake in Oil India, NTPC, three more public firms

At the current market prices, the stake sale in five public sector enterprises could fetch the exchequer around Rs 11,500 crore.

Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

The finance ministry has moved a cabinet note for inter-ministerial consultations for selling 2.16 crore shares in BPCL through a public offer, official sources said.

ONGC stake sale after new subsidy sharing formula: Pradhan

Source said the oil ministry is reworking the fuel subsidy sharing formula to cut ONGC payout by a quarter through adjustment of statutory oil cess against its share.

Will govt sell SAIL's stake? CCEA decision today

The Department of Disinvestment will seek the Cabinet approval today to sell government's 10.82 percent stake in Steel Authority of India (SAIL) through auction route.

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.