Ofs

Rajnath Singh says defence sector to contribute towards India becoming a $10 trillion economy by 2030

The government's aim is to take the Indian economy to $10 trillion by 2030, said Defence Minister Rajnath Singh at the Society of Indian Defence Manufacturers Annual General Meeting.

Govt plans to divest up to 15% in RITES via OFS, eyes to raise about Rs 700 cr; DIPAM to assist in sale process

At the current market price, sale of 15 percent stake in RITES would fetch around Rs 700 crore to the government.

Punjab National Bank raises Rs 1,315 cr through stake sale in PNB Housing Finance

Punjab National Bank last month had said that it would sell up to 99,94,000 equity shares on 28-29 November representing 6 percent of the total paid up equity share capital of PNB Housing Finance

Govt to sell 5% in NTPC at Rs 168 per share tomorrow, to mop-up Rs 7,000 cr

NTPC shares closed 2.5 percent higher on the BSE at Rs 173.55 apiece on Monday

Govt to sell 10% in MOIL at Rs 365 per share tomorrow

The floor price is at a discount of 4.63 percent over the closing price of MOIL at Rs 382.70 on the BSE.

NBCC share sale: Institutions put in bids worth Rs 2,700 crore

The two-day share sale, wherein the government is offloading 15 percent of its equity, attracted bids for over 11.08 crore shares as against 7.20 crore offered to institutional investors on the first day

NSE gets board nod to launch IPO via OFS, clears bonus shares

NSE's board has decided that the public issue will be in the form of an offer for sale by shareholders

PSU employees may be able to buy more shares of their cos

If Sebi agrees to the Finance Ministry's proposal, then there will not be any investment ceiling for employees of the PSUs taking the offer for sale (OFS) route, sources said.

BSE files IPO papers with Sebi, may raise Rs 1,200-1,300 crore

Moving closer to become a publicly-listed exchange, Asia's oldest bourse BSE today filed draft papers with markets regulator Sebi to raise an estimated Rs 1,200-1,300-crore initial public offering.

NHPC share sale opens to 41 lakh bids from retail investors

Government's 11.36 per cent stake sale in NHPC opened for bidding by retail investors this morning with a subscription of over 41.02 lakh shares in early hours of trade.