Divesting

Infrastructure term lender IFCI today said its board has approved divesting the entire 45.5 percent stake in associate firm Hardicon as per its plan to exit from non-core business activities.

The best time to buy Indian stocks? 'When FIIs are selling'

We have got a model where you should invest when sentiments in any asset class are negative and when there are outflows happening from that asset class basically when foreigners are selling.

Kalyan APMC to generate revenue from 2020: Unity Infra

Unity Infra along with Deepak Fertilizers will launch a state of the art agriculture produce market committee in Kalyan, Mumbai by 2020 on 60:40 sharing basis.

FTIL appoints JM Financial to facilitate stake sale in MCX

Last week, FTIL had announced constitution of a committee to propose and oversee a restructuring plan, which includes FTIL divesting up to 24 percent in MCX.

Govt for tweaking OFS method to avoid double pricing: Secy

There is a need for simplifying the pricing mechanism in the offer-for-sale route while divesting stakes in state owned companies, Divestment Secretary Ravi Mathur said today.

On track to achieve USD 450-460 m in revenue: Polaris

In an interview to CNBC-TV18, Arun Jain, chairman & chief executive officer, Polaris gives the details of their divestment plan. The company that holds 85% stake in IdenTrust is divesting in the hope of investing into another portfolio which can be more revenue generating.

Govt pushes back decision on Nalco divestment to March qtr

Government has pushed back a decision on divesting stake in state-run National Aluminium Co to the January-March quarter, minister of state for mines Dinshaw Patel said on Wednesday.