Divestment

Stating that the company's board had given only "in principle" approval to the proposal, CIL said that only after getting further clearance from the government, subsequent action would be initiated te

At present, PSU boards have the authority to make equity investments, undertake mergers and acquisitions subject to certain ceilings of net-worth

TMS Ep174: Divestment, shrinkflation, Sanjiv Bajaj, total fertility rate

Will divestment slow down after LIC's weak debut? How is 'shrinkflation' helping FMCG majors? What are Sanjiv Bajaj's ideas on financial sector reforms? What is the total fertility rate? Answers here

Over the last 15 months Holcim has spent 5 billion Swiss francs ($4.99 billion) on a string of companies outside the cement market as it pivots towards building products like roofing and mortars.

It has signed a Euro 600 million transaction with Compagnie Plastic Omnium

The company believes that the divestment is part of company's strategy to align its resources with the high value and high growth primary markets in China, India, and two-wheeler sector globally.

The initial public offering (IPO) of the state-owned insurer is a billion dollars short of its projection last week, and a third of the more than $8 billion it initially planned to raise in February

The transition towards green and renewable fuel has made privatisation difficult in existing terms: Official

Housing finance major HDFC Ltd on Tuesday divested 1 per cent stake in real estate company Ansal Housing & Construction Ltd through an open market transaction.

'If global considerations warrant that I need to look at it (LIC IPO), I wouldn't mind looking at it again,' says FM

For the last several months, Varun Gandhi, BJP MP from Uttar Pradesh's Pilbhit has been expressing views on various issues that are not in line with his party's official stand

The flotation, potentially raising $8 billion, likely will continue to drag on LIC's competitors for about a year and could spread to other sectors: Analysts

The initial public offering (IPO) of over 31.6 crore shares or 5 per cent government stake is likely to hit the market in March

An ideal government builds institutions instead of involving itself in a selling spree. I urge the Union government to rollback this ill-thought-out decision and save LIC India: Stalin

Target rationalised to for better accounting, avoiding market distortion

'We should not conjecture on size of LIC IPO as valuation still underway,' says DIPAM Secretary

With five state elections in the coming months - Uttar Pradesh and Punjab being the major ones - some populist measures are also not ruled out, analysts said.

Finance ministry says scope for minority stake sale has declined

Inox Wind on Monday said its arm has inked a share purchase agreement to sell its entire equity stake in six firms to wholly-owned subsidiary Resco Global Wind Services.

In the last 10 years, though PSU stocks have gained ground, they have mostly been laggards at the bourses