disinvestment
TMT
Govt seeks $128 mn in valuation from state-owned MSTC's IPO
State-run e-commerce and trading company MSTC Ltd will float its initial public offering this week and is aiming at a ......
Infrastructure
Govt simplifies PSU stake sales, clears plan to revive stressed power projects
India has approved legislation that will simplify the sale of the government's stakes in state-run companies, finance minister Arun Jaitley ......
TMT
State-run e-commerce services firm MSTC gets regulatory approval to launch IPO
State-run e-commerce and trading company MSTC Ltd has received approval from the country’s capital markets regulator to float its initial ......
TMT
State-run e-commerce services firm MSTC files draft prospectus to float IPO
State-run e-commerce and trading company MSTC Ltd has filed a draft prospectus with the Securities and Exchange Board of India ......
Finance
Govt may aim to raise $11 bn from divestment in FY20
The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned ......
Finance
How bonus shares, buybacks and dividends by PSUs are propping up govt's coffers
From 2009-10 to 2013-14, when the Manmohan Singh-led United Progressive Alliance (UPA) was in the saddle, only one state-run company ......
Infrastructure
ONGC to reconsider govt demand to list overseas unit
India’s Oil and Natural Gas Corp Ltd will reconsider the government’s demand that it list ONGC Videsh Ltd, its overseas ......
Economy
India to sell 'enemy shares' to bridge revenue shortfall
India’s government said it will sell stocks worth millions of dollars seized from people who moved to Pakistan following partition ......
Infrastructure
Government to sell up to 9% stake in Coal India
The Indian government will divest a 3-percent stake in Coal India Ltd by selling up to 186.2 million shares in ......
Manufacturing
Garden Reach IPO sails through; retail investors, HNIs stay away
The initial public offering of state-run warship maker Garden Reach Shipbuilders & Engineers Ltd crossed the ropes on the fifth ......
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