The government on Thursday approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about Rs 8,400 crore (Rs 84 billion). The Cabinet Committee on......
Inching towards achieving the budgetary estimates of raising Rs 40,000 crore (Rs 400 billion) from PSU disinvestment in FY 10-11, the Centre on Wednesday indicated that the follow-on public offer......
With increasing volatility at the Dalal Street, investors are now shifting their money from the secondary market to the primary market to get assured returns, say analysts."The recent IPOs have got......
The government has put disinvestment of Steel Authority of India Ltd on the fast track. It will enable the company to file a final prospectus instead of first filing a draft.The government's aim is......
Benchmark shares indices ended lower amid fears that foreign institutional investor would reduce their allocations to emerging markets, including India thereby hurting incremental inflows after......