NTPC, IOC end on mixed note after Cabinet nod for stake sale

Last Updated: Wednesday, May 13, 2015, 18:25

NTPC's scrip ended 2.47% lower at Rs 138, IOC erased all its initial losses and settled 0.50% higher at Rs 334.45 on the BSE.

NTPC, IOC trend down as government approves stake sale

Last Updated: Wednesday, May 13, 2015, 13:20

The Cabinet has approved 5% disinvestment in NTPC and 10% in IOC.

Cabinet approves stake sale in IOC, NTPC; may fetch Rs 13,600 crore

Last Updated: Wednesday, May 13, 2015, 12:18

The government will sell its 10 percent stake in blue-chip Indian Oil Corporation (IOC) and 5 percent in power producer NTPC to mop up about Rs 13,600 crore in this fiscal's first disinvestment approval.

Cabinet clears 5% disinvestment in NTPC, 10% in Indian Oil

Last Updated: Wednesday, May 13, 2015, 11:19

The Union Cabinet on Wednesday approved 5 percent disinvestment in NTPC and 10 percent in Indian Oil Corporation to achieve the current fiscal's disinvestment target of Rs 41,000 crore.

No plan to divest stake in BSNL, Air India: Govt

Last Updated: Friday, April 24, 2015, 18:57

Government on Friday said it has no plan to divest its stake in ailing state-run telecom firm BSNL and national carrier Air India, which have been incurring huge losses.

Govt lines up 12 PSUs for stake sale in 2015-16

Last Updated: Monday, April 13, 2015, 15:44

As per the roadmap, 10 per cent stake each would be diluted in Engineers India Ltd (EIL), NALCO, NMDC and Indian Oil Corporation (IOC).

REC shares end 2% higher after govt share sale

Last Updated: Thursday, April 9, 2015, 17:56

Shares of Rural Electrification Corporation (REC) Thursday ended nearly two percent higher, a day after the company received an overwhelming response to its share sale by the government.

REC shares up over 3% as stake sale over subscribed 5 times

Last Updated: Wednesday, April 8, 2015, 18:58

Shares of Rural Electrification Corporation rose by over 3 percent Wednesday as the government's sale of 5 percent stake in the state-run firm got subscribed over five times.

REC share sale subscribed over 5 times, govt gets Rs 1,550 cr

Last Updated: Wednesday, April 8, 2015, 17:17

The stake sale in Rural Electrification Corpn (REC) is the first in the government's disinvestment pipeline for the current fiscal.

REC stake sale Wednesday; govt sets floor price at Rs 315/share

Last Updated: Tuesday, April 7, 2015, 18:42

Government will sell 5 percent stake in Rural Electrification Corporation Wednesday at Rs 315 a share to mop up over Rs 1,550 crore, marking the first disinvestment of the current fiscal.