Stake Sale

  • Government sells Axis Bank stake for over $900 million: sources 21-03-2014 01:49 PM

    Mumbai: The government has raised more than $900 million by selling a 9 per cent stake in Axis Bank Ltd, two sources with direct knowledge of the development said on Friday. The government held 20.7 per cent in Axis Bank, India's third-largest private-sector bank by assets, via a trust fund...
  • SpiceJet in 'advanced' stage of discussion for stake sale 28-07-2013 06:35 PM

    Mumbai: Budget carrier SpiceJet is in advanced stage of discussion with a potential investor for stake sale and expects the negotiations to be concluded soon. "Discussions are going on with a foreign carrier. We hope to conclude these negotiations expeditiously," a source said. However, the sources refused to divulge any...
  • EGoM to meet today to decide 9.33 pc MMTC stake sale 12-06-2013 10:48 AM

    New Delhi: A panel of ministers on disinvestment headed by Finance Minister P Chidambaram will meet on Wednesday to decide the base price for the sale of stake of Metals and Minerals Trading Corporation of India. The sale of 9.33 per cent of MMTC's stake is expected to begin by...
  • Govt clears 9.5 per cent stake sale in NTPC 22-11-2012 07:52 PM

    New Delhi: The government on Thursday approved 9.5 per cent stake sale in state-run power producer NTPC, hoping to garner around Rs 13,000 crore. "The Cabinet Committee on Economic Affairs has approved 9.5 per cent paid-up equity capital ( about 78.33 crore shares) in NTPC out of government's shareholding of...
  • Government calls off IFCI stake sale 19-12-2007 11:36 PM

    New Delhi: The Delhi High Court has restrained around 144 cable operators across the country from telecasting the ongoing cricket World Cup, which they did by unauthorisedly accessing signals of ESPN Software India Pvt Ltd (ESIPL). The court was hearing a suit filed by the company seeking an order to...
  • CLB halts sale of UNI stake to Chandra 05-12-2006 06:12 PM

    ...