Latest News on Nalco
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Nalco - Total results - 50
Feb 12, 2019
Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment targetSo far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.
Sep 07, 2018
Finance ministry shortlists 11 CPSEs for share buyback in the ongoing financial yearAs 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.
Jun 13, 2018
Second tranche of Bharat-22 ETF on 19 June; government to get up to Rs 8,400 crThe issue will open for anchor investors on 19 June and for other institutional and retail investors the next day
Nov 28, 2017
Bharat 22 ETF lists on bourses with modest gains; stock sells at Rs 36.30 per unit on BSEThe government recently raised Rs 14,500 crore through Bharat 22 ETF, which saw bids of nearly Rs 32,000 crore coming in
Jul 20, 2017
ONGC's HPCL acquisition: Narendra Modi govt’s aggressive divestment drive is a winner for economyThe 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.
Jun 22, 2016
NMDC may borrow for expansion next fiscal as buyback plan to drain out cashNMDC'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
Jun 15, 2016
Disinvestment push: Govt okays 10% stake sale in HUDCOCCEA also approved allowing a price discount of up to 5 percent on the issue price to retail investors and HUDCO employees
May 25, 2016
Nalco gets board nod to buy back shares of Rs 2,835 cr; govt stake to fallThe buyback will happen "at a price of Rs 44 per equity share payable in cash
Jan 18, 2016
Govt prodding Nalco to buy back 25% of its shares worth $481 mnGovernment plans to raise about $10 billion from asset sales this current fiscal
Dec 12, 2015
The future is nuclear: Why Modi government should open up atomic energy sectorThe situation sounds asinine, that even the government can't invest in itself, but it is emblematic of highly restrictive laws on nuclear activity in India.