IRCTC IPO subscribed 111 times so far on Day 3
IRCTC has set IPO has a price band of Rs 315-320 per share. At the upper price band, the stock is available at P/E multiple of 18.8 times to its FY19 EPS of Rs 17.
Amit Shah to head panel on Air India disinvestment
DIPAM has already prepared a fresh proposal for Air India sale.
Government is gearing up for more structural reforms: Niti CEO Amitabh Kant
Government is gearing up for more structural reforms that will he...
Govt may offload SUUTI stake in Axis Bank; stock sheds weight
A proposal for stake sale in ITC is also under consideration, the sources said.
Asset sale plan in place to fetch government Rs 89K crore
The plan envisages monetisation of assets worth Rs 15,000 cr in aviation & Rs 22,000 cr of railways.
IRCTC IPO subscribed 81% on Day 1
The issue is an offer for sale and is a part of the government's divestment process.
Government may seek Rs 30,000 cr interim dividend from RBI
Apart from the RBI dividend, there are other means of bridging any shortfall, including mop up from disinvestment and higher utilisation of National Small Saving Fund (NSSF)
Centre asks NINL shareholders to infuse working capital till divestment happens
The decision was taken last week by commerce and industry minister Piyush Goyal, minister for steel Dharmendra Pradhan, secretaries and senior officials of the Odisha government at a meeting chaired by Goyal.
Sebi fines IL&FS Rs 10 lakh for disclosure lapses
IL&FS did not disclose to stock exchange the decision of its board dated July 21,2018 for raising equity capital by way of rights issue.
Government committed to disinvestment of Air India: Hardeep Singh Puri
Puri said the previous attempt to disinvest the carrier could not succeed. But now the government has learnt lessons and mechanism will ensure the move this time.
ICICI Pru has just offloaded Airtel, Voda; picked bank, power, pharma stocks
Overall, it increased stakes in over 350 companies from across sectors in December.
Forget 8% growth, but expect recovery in H2 and also next year: Pranjul Bhandari, HSBC
If the market remains buoyant, disinvestment and asset recycling cycle can kick off
Corporate tax cut makes India an investment destination, to attract foreign firms to set up units: FM
Apple or any foreign company can come and set up business and enjoy the competitive rate of 15 per cent, she said, adding that the stipulated timeline for the product roll-out from the new unit is on or before March 31, 2023.
Piyush Goyal bats for PSUs, says private sector is full of scandals
"Our government is trying to clean up the mess. So I don't think privatisation is the panacea for all the problems we face," Goyal said.
SCI, Concor, Pawan Hans in govt shortlist for strategic asset sale
Sources said the government has identified four companies for strategic stake sale this financial year.
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