UK starts RBS sell-off with $3.3 billion stake sale

Last Updated: Tuesday, August 4, 2015, 13:42

Finance Minister George Osborne on Tuesday hailed the start of returning RBS to the private sector and said it was right to commence selling at a loss to the price paid in the 2008 rescue.

Seven years after bailout, Britain starts RBS sell-off with $3 bn stake sale

Last Updated: Monday, August 3, 2015, 23:42

Britain started the sale of a 2 billion pounds ($3.1 billion) stake in Royal Bank of Scotland (RBS) on Monday, beginning the disposal of its holding in the bank seven years after a multi-billion pound bailout at the height of the financial crisis.

Govt to sell 15% stake in Hindustan Copper

Last Updated: Friday, July 31, 2015, 18:32

As part of its disinvestment plans via stake sale in public enterprises during this fiscal, government will sell 15 percent of its shareholding in Hindustan Copper Ltd, Parliament was informed on Friday.

Barclays to speed up cost-cuts after new mis-selling hit

Last Updated: Wednesday, July 29, 2015, 17:43

Barclays` new executive chairman sought to stamp his mark on the bank on Wednesday by accelerating the sale of assets and cost cutting, after the group reported an 12 percent rise in profit and another big charge to compensate customers.

Education company Blackboard seeks $3 billion sale: Sources

Last Updated: Tuesday, July 28, 2015, 23:56

Blackboard Inc, a US software company that provides learning tools for high school and university classrooms, is exploring a sale that it hopes could value it at as much as $3 billion, including debt, according to people familiar with the matter.

Kotak Mahindra International sells 3.51% stake in Ceat

Last Updated: Tuesday, July 28, 2015, 20:26

Kotak Mahindra (International) Ltd today offloaded 3.51 per cent stake in tyre maker Ceat for an estimated Rs 113 crore through an open market transaction.

Pininfarina, Mahindra to resume sale talks in September

Last Updated: Tuesday, July 28, 2015, 20:12

Earlier this month sources had said Pininfarina and Mahindra were trying to reach a deal by the end of July.

SpiceJet, Indigo, Jet Airways announce monsoon sale, tickets available at Rs 999

Last Updated: Tuesday, July 28, 2015, 18:15

SpiceJet 3-day sale will be open till midnight, July 30, 2015, for travel period August 4 - October 15, 2015.

PFC stake sale over-subscribed; Govt nets Rs 1,600 crore

Last Updated: Monday, July 27, 2015, 17:52

With the successful sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece, the government would get over Rs 1,600 crore.

PFC stake sale fully subscribed, government may get Rs 1,600 cr

Last Updated: Monday, July 27, 2015, 12:19

PFC is the second PSU to be divested in the current fiscal under the government's disinvestment programme.

PFC stake sale subscribed 36% in initial hour of trade

Last Updated: Monday, July 27, 2015, 11:29

The government is looking to raise over Rs 1,600 crore from sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece.

PFC stake sale subscribed 36% in initial hour of trade

Last Updated: Monday, July 27, 2015, 11:29

The government is looking to raise over Rs 1,600 crore from sale of 6.60 crore shares in Power Finance Corp (PFC) through a one-day OFS route at a floor price of Rs 254 apiece.