The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent. The government plans to sell about 15-20......
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms The decision of Hindustan Aeronautics (HAL) and Bharat Dynamics, both......
LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said Life Insurance Corporation of India (LIC) has saved the day for the Rs 4,200......
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows. To meet its ambitious stake sale target this year, the government is planning initial public......
Country's largest insurer Life Insurance Corporation plans to pump in about Rs 50,000 crore (Rs 500 billion) in the equity market, taking its total investment including in bonds to Rs 3 lakh crore......