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Hal Ipo

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Govt to sell 15-20% stake in Railway arm

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......

Why FPIs are staying away from defence IPOs

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 saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

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......

Govt eyes Rs 8,000 cr from stake sale in 4 PSUs

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......

LIC to invest Rs 50,000 cr in equity market this fiscal

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......

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