The government on Tuesday said it will divest equity in state-owned National Building Construction Corporation (NBCC) in the second half of the current fiscal.The disinvestment in NBCC will be in addition to the equity sale of major PSUs like SAIL and ONGC, which are likely to hit the market in June and July, respectively.
Showing posts with label Disinvestment. Show all posts
Showing posts with label Disinvestment. Show all posts
Wednesday, May 11, 2011
Major disinvestment offer to begin in June
The government on Tuesday said it will divest equity in state-owned National Building Construction Corporation (NBCC) in the second half of the current fiscal.The disinvestment in NBCC will be in addition to the equity sale of major PSUs like SAIL and ONGC, which are likely to hit the market in June and July, respectively.
Sunday, May 8, 2011
Govt’s disinvestment kitty set to cross Rs. 1 lakh crore mark
The government’s disinvestment proceeds from all its asset sales till date are set to cross the Rs. one lakh crore milestone with its share sale in Power Finance Corp scheduled to hit the market later this week.The government may garner over Rs. 1,100 crore from sale of its 5 per cent stake in PFC through a follow-on public offer (FPO). The process will also involve sale of 15 per cent fresh equity worth over Rs. 3,300 crore, scheduled for May 10-13.
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