Shipping Corp shares surge as government gets multiple bids for stake sale
Earlier in the day, the stock touched the mark of Rs 123.5, after it rose 19.03 per cent.
Earlier in the day, the stock touched the mark of Rs 123.5, after it rose 19.03 per cent.
The government, which holds 87.40 per cent stake in IRCTC, proposes to sell up to 2,40,00,000 equity shares of IRCTC.
A notice issued by the Department of Investment and Public Asset Management (DIPAM) said, “the IPs (interested parties) if they so desire.
The sale proceeds will be accretive to the regulatory net worth and the CRAR (capital to risk weighted assets ratio) of the company.
The staff from across various departments, including engineering, maintenance, guest relations and security had participated in the demonstrations.
Oil and Natural Gas Corporation (ONGC) will acquire the government’s entire 51.11 per cent equity share-holding in Hindustan Petroleum Corporation…
The government's first PSU stake sale in the current fiscal — Nalco — got off to a solid start, with…
The government has set itself strict timelines to meet the ambitious target of raising Rs.72,500 crore in 2017-18 from stake…
A consortium led by Chinese firms has signed a strategic agreement to acquire 40 per cent equity of Pakistan Stock…