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Cil Ofs

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Institutions lap up Coal India shares with bids worth Rs 6,500 cr

Institutional investors lapped up Coal India shares in this fiscal's maiden government stake-sale, with Rs 6,500 crore bids pouring in on the first day of the offer-for-sale. Photograph: Ajay......

Coal India divestment likely to fetch Rs 5,000 crore

The government is selling over 18.62 crore shares or 3 per cent in Coal India at a floor price of Rs 266 apiece. The government's 3 per cent stake sale in Coal India got over-subscribed on......

In CIL stake sale LIC bought almost 50% of shares on offer

Country's largest insurer LIC picked up almost half of the shares on offer in the Coal India's Rs 22,558 crore (Rs 225.56 billion) disinvestment, once again coming in to ensure success of a......

Govt to sell 10% stake in CIL on Jan 30; to get Rs 24,000 cr

The government will sell up to 10 per cent stake in the blue chip Coal India Ltd (CIL) through offer for sale on Friday and is expected to mop up around Rs 24,000 crore (Rs 240 billion) at current......

Coal India OFS: A good opportunity for investors

The valuations are reasonable, say observers, and the outlook for most of the fundamentals is looking up, for a variety of reasons.  The coming auction of blocks will also result in better......

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