Jan 11, 2017 at 17:05 | Source: Moneycontrol.com
The government has managed to garner over Rs 23,500 crore through selling its stake in public sector enterprises during the first nine months of the current fiscal, representing nearly 60 percent of the disinvestment target, said Manish Singh, Joint Secretary, Department of Investment and Public Asset Management (DIPAM)
Nov 04, 2016 at 17:05 | Source: CNBC-TV18
In an interview with CNBC-TV18, market expert Ashwani Gujral said that as the market bottoms out, metals could be the first sector to move higher and probably the sector that will lead the market is going to be commodities.
Nov 04, 2016 at 11:39 | Source: Reuters
The stake sale is part of the government's plan to raise Rs 565 billion from asset sales during the current fiscal year to March to help contain its fiscal deficit at 3.5 percent of the gross domestic product.
Nov 04, 2016 at 10:21 | Source: Moneycontrol.com
The SUUTI was formed back in 2003 as an extension of the UTI. It consists of 51 companies-8 unlisted and the rest 43 listed. Through SUUTI, the government holds minority stake in these companies and is planning to divest its shareholding.
Nov 04, 2016 at 08:12 | Source: Moneycontrol.com
After the GST rates are finalised, ITC is expected to gain as fears of 40 percent rate abate. ITC holds 7 percent weightage in the Nifty.
Nov 03, 2016 at 21:12 | Source: CNBC-TV18
L&T shares worth Rs 4040.41 crore as per Thursday's closing price are expected to be sold on November 4.
Oct 14, 2016 at 11:00 | Source: CNBC-TV18
With the recent downslide in the IT sector, one should keep an eye out for Tier-II stocks in the midcap space which are likely to grow at the cost of some of the large players, says Nilesh Shah of Envision Capital.
Sep 29, 2016 at 16:43 | Source: Moneycontrol.com
In accordance with its plan to dilute share in public sector undertakings (PSUs), the government is now looking to sell some of its stake in NMDC, NALCO, BHEL via offer for sale (OFS) route.
Sep 23, 2016 at 12:45 | Source: CNBC-TV18
Stake sale by Specified Undertaking of the Unit Trust of India (SUUTI) in Axis Bank is unlikely to happen anytime soon as the paperwork is yet to be completed, reports CNBC-TV18.
Sep 09, 2016 at 17:51 | Source: Moneycontrol.com
First on the plate are the three blue-chip stocks Axis Bank, ITC and L&T which contribute to approximately 95 percent of SUUTIs holdings in value terms.