Nalco

NALCO shares slump 3% on coal shortage affects aluminium production; company's power cost rises

Big risks in Petronet LNG’s US deal, which sectors will benefit from tax cuts; all this and more on Moneycontrol Pro

As per the MoU, Petronet and its affiliates plan to explore the possibility of purchasing of up to 5 million tonnes per annum of LNG and picking up an equity stake in the US firm’s Driftwood project.

Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment target

So far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.

Finance ministry shortlists 11 CPSEs for share buyback in the ongoing financial year

As per the guidelines, CPSEs having net worth of at least Rs 2,000 crore and cash and bank balance of above Rs 1,000 crore have to mandatorily go in for share buyback.

Second tranche of Bharat-22 ETF on 19 June; government to get up to Rs 8,400 cr

The issue will open for anchor investors on 19 June and for other institutional and retail investors the next day

Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSE

The government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in

ONGC's HPCL acquisition: Narendra Modi govt’s aggressive divestment drive is a winner for economy

The government has to take the lead and pump in huge sums into big infrastructure projects. Only this can bring the economy out of the woods. An aggressive disinvestment strategy is critical in this context.

NMDC may borrow for expansion next fiscal as buyback plan to drain out cash

NMDC's buy-back of up to 25 percent of its own shares will raise as much as Rs 7,530 crore for the government which owns four-fifths of the company

Disinvestment push: Govt okays 10% stake sale in HUDCO

CCEA also approved allowing a price discount of up to 5 percent on the issue price to retail investors and HUDCO employees

Nalco gets board nod to buy back shares of Rs 2,835 cr; govt stake to fall

The buyback will happen "at a price of Rs 44 per equity share payable in cash