Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    Loans
    Loans
    HomeNewsDivestment programme

    Divestment Programme

    Jump to

    • EGoM fixes Rs 63/share floor price for SAIL's OFS issue

      The Empowered Group of Ministers (EGoM) have met again to reconsider floor price for SAIL‘s offer-for-sale offer as the steel ministry is not in favour of SAIL shares to be auctioned below Rs 65/share. Shares of the company closed the day at Rs 63.90, down around 2 percent.

    • Why has govt trimmed size of SAIL share offer?

      SAIL‘s offer-for-sale (OFS) issue will hit the market tomorrow, and surprisingly the government which was to offload over 10 percent in the company, has now decided to auction smaller stake and is keen to sell the remaining portion in FY14.

    • Why ONGC stake sale flopped? Find out

      The much awaited Oil and Natural Gas Corp’s (ONGC) share sale did not live upto the expectation of the government as total bids stood at 29.22 crore against 42.77 crore shares which were up for sale via the auction route.

    • FY12 divestment programme may kick off with PFC FPO

      The divestment programme for 2011-12 could be starting with Power Finance Corporation's follow-on public offer (FPO), reports CNBC-TV18. Finance Minister Pranab Mukherjee has set the divestment target of Rs 40,000 crore for FY12.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347