Govt extends deadline for bids to manage CIL's 10% stake sale

Last Updated: Tuesday, September 1, 2015, 20:23

Government has extended the date by three more weeks for submission of bids by merchant bankers interested in managing the 10 percent stake sale in Coal India (CIL), which is likely to fetch about Rs 22,450 crore.

Coal India stake sale: Trade unions up the ante

Last Updated: Wednesday, August 19, 2015, 22:14

Major trade unions of Coal India opposed to any government proposal to 10 percent stake sale in the PSU will soon chalk out a strategy to take their protest forward.

Cabinet may consider Coal India stake sale proposal Wednesday

Last Updated: Tuesday, August 11, 2015, 23:01

The Cabinet may consider Wednesday 5-10 percent stake sale in Coal India that could fetch up to Rs 24,800 crore to the exchequer.

Further stake sale in Coal India in due course: Goyal

Last Updated: Wednesday, April 29, 2015, 22:52

The government Wednesday said it will go for further stake sale in Coal India in due course to meet the SEBI guidelines on public shareholding.

Govt nets Rs 22,557 crore from CIL stake sale; LIC biggest buyer

Last Updated: Friday, January 30, 2015, 21:52

In the biggest-ever disinvestment, the 10 percent stake sale in Coal India on Friday fetched the government Rs 22,557.3 crore in a bumper sale where state-run LIC alone picked up nearly one-third of the public offer.

Trade unions protest against Coal India stake sale

Last Updated: Friday, January 30, 2015, 20:47

Five trade unions operating in the coal sector on held demonstrations to protest against the Coal India disinvestment.

Fiscal deficit overshoots budget target

Last Updated: Friday, January 30, 2015, 19:22

India's fiscal deficit overshot the budget estimate of Rs 5.31 lakh crore by December-end and may prompt the government to take tough steps in the remaining part of 2014-15 to restrict it to 4.1 percent of GDP.

CIL mega share sale sails through; Govt to get Rs 22,600 crore

Last Updated: Friday, January 30, 2015, 16:45

This is also the biggest ever share sale by any private or public sector company in India and exceeds the previous record of over Rs 15,000 crore made by CIL itself in 2010.

Coal India shares end over 2% lower on stake sale announcement

Last Updated: Thursday, January 29, 2015, 20:15

After falling 5 percent to Rs 364.60 in intra-day trade at the BSE, shares of CIL finally ended at Rs 375.15, down 2.32 percent from its previous close.

Coal India divestment on Friday; Govt eyes Rs 22,600 crore

Last Updated: Thursday, January 29, 2015, 17:58

At the floor price, the total 10 percent stake can fetch the government Rs 22,600 crore.

Coal India stake sale on January 30

Last Updated: Wednesday, January 28, 2015, 17:44

The government will sell its 10 percent stake in Coal India on Friday which may fetch the exchequer about Rs 24,000 crore.

Timing of CIL stake sale to be decided by FinMin: Coal Secy

Last Updated: Tuesday, January 13, 2015, 17:13

The Coal Ministry Tuesday said the timing of stake sale in Coal India Ltd, which may fetch the exchequer about Rs 24,000 crore, will be decided by the Finance Ministry.