Aradhana Johri

LIC's stake in the state-run oil marketing firm has gone up from 2.52 percent to 11.11 percent following its participation in India Oil Corporation (IOC) offer for sale which happened yesterday. The insurer bought as many as 20.87 crore shares or 8.59 percent of IOC, according to a filing by LIC.

Retailer education is really important: Divestment secy

Divestment secretary Aradhana Johri says: "The price that secondary market finally fell to was actually above the price at which a retailer would have got it. So, he still would have made money but then a lot of retailers go by sentiment, they don't know the market."

Government to raise $1.4 bn from IOC stake sale

New Delhi is seeking to raise as much as USD 11 billion by selling stakes in state-run companies this fiscal year, crucial to narrowing the fiscal deficit to a planned 3.9 percent of gross domestic product in 2015/16.

New OFS norms: Govt hungry for more after bumper PFC issue

PFC is the first disinvestment under the modified offer-for-sale rules of Sebi under which companies are allowed to disclose stake sale plans two 'banking' days ahead of the issue, instead of two 'trading' days.

No sell-off in Coal India for next 6 mnths: Divestment Secy

Falling crude prices is one of the main reasons for the ONGC divestment getting delayed, Johri said

ONGC stake sale: Investors seek subsidy clarity

The Department of Divestment is batting strongly to tighten the market surveillance on the day of big offer for sale (OFS) especially after the Coal India case.

Union Budget 2015: Likely to get Rs 30kcr divestment nod soon, says Secy

In an interview to CNBC-TV18's Shereen Bhan, Aradhana Johri Secretary, Divestment and Hasmukh Adhia Secretary, Financial Services gave their take on Arun Jaitley‘s Union Budget.

Union Budget 2015: Likely to get Rs 30kcr divestment nod soon: Divestment secy

Divestment secretary Aradhana Johri says Rs 70,000 crore is an ambitious target, but divestment revenue generated in FY15 so far is also the highest ever.

ONGC, Coal India divestment likely in tranches

The government is of the opinion that the stake sales will not happen at a heavy discount, of course apart from the up to 10% discount provision for the retail investor.