Roadshows to lure investors for Concor
They said investor interest is being determined through the roadshows, which will be followed by detailed expressions of interest and formal proposals. On Friday, shares of Concor closed 0.28% higher on the BSE at Rs 563.10.
MTNL shareholders' approve Rs 6,500-crore NCD issue, monetisation of land and buildings
MTNL said that majority votes were cast in favour of ...
Air India, BPCL, Concor divestments “unlikely” this fiscal: Govt official
The government is unlikely to complete divestment processes for Air...
DIPAM ropes in L&L Partners as legal advisor for Concor divestment
The government holds 54.8 per cent stake in Concor, which comes under the railways ministry.
We want to move fast on disinvestment but look beyond Mar 31 deadline: Tuhin Kanta Pandey, DIPAM Secy
The disinvestment target is important. But we should not be looking at the closing the deal based on the March 31st deadline.
Bharat Bond ETF oversubscribed 1.7 times; garners Rs 12,000 crore
Bharat Bond Exchange Traded Fund will invest only in AAA-rated bonds of public sector companies and will have target maturity structures.
MTNL seeks shareholders' nod for fundraising, monetisation of land & buildings
MTNL said the company's extraordinary general meeting will be held on January 8, 2020, in this regard.
DIPAM mulling lock-in period for ETFs
Currently, ETFs are open-ended and one can buy or sell them through exchanges just like any other stock.
DIPAM asks economic affairs division to let it oversee PSU dividends
Currently, the dividend policy and its collection is handled by the economic affairs divison.
RailTel IPO process gains momentum
According to sources, the IPO will hit the market around mid-January 2020.
DIPAM, NITI Aayog aim to cut government stake in select CPSEs to below 51%
At the initial stage, it will be 2-3 PSUs where govt stake would be brought down to less than 51 per cent.
DIPAM, Oil Ministry to discuss OVL listing soon
DIPAM’s idea is that all profitable public sector enterprises should be listed as it would help boost efficiency and corporate governance at these firms.
Roadshows for BPCL sale soon, govt aims to attract foreign players
The government has around 53.3% stake in BPCL and is hoping for a good response from foreign participants.
Plan to list 10 CPSEs in current fiscal: DIPAM Secy
The companies which are lined up for IPO include THDCIL, RailTel, TCIL, Water & Power Consultancy Services and FCI Aravali Gypsum.
Govt may go for 100% stake sale in Air India
AISAM is also likely to mull further transfer of debt to a special purpose vehicle (SPV).
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