Rcf

RCF stake sale offer to hit markets on 8 March

The public offer to sell 12.5 percent stake in Rashtriya Chemical and ferilisers (RCF), which could fetch around Rs 300 crore to the exchequer, will hit the markets on March 8, a top government official said today.

EGoM to meet tomorrow on RCF stake sale

The Empowered Group of Ministers (EGoM), headed by Finance Minister P Chidambaram, is likely to meet tomorrow to decide on 12.5 percent stake sale in RCF, which could fetch around Rs 300 crore to the exchequer.

Govt invites bids from merchant bankers for RCF issue

The stake sale approval is part of government's decision to raise Rs 30,000 crore through disinvestment in the current fiscal.

Why the disinvestment process is getting messier

The government's disinvestment programme is again dependent on LIC. Is this any way to raise revenues?