Search For "govt stake"
IIFCL confirms preparations underway for diluting up to 25% govt stake: DM
Updated : 2 months ago IST
IIFCL DMD's remarks came in the backdrop of reports that the government is considering selling stakes in IIFCL, its long-term infrastructure lending arm, and that the ministerial panel is expected to finalise the IPO structure, which may combine fresh equity issuance and a partial governm
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Govt, LIC to divest 60.72 per cent stake in IDBI Bank
Updated : 3 years, 5 months ago IST
New Delhi [India], October 7 (ANI): The Government of India and Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.
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Govt unlikely to reduce its stake in LIC for at least 2 years after IPO
Updated : 3 years, 11 months ago IST
New Delhi [India], April 6 (ANI): The Government of India, which targets to raise around Rs 60,000 crore by diluting its 5 per cent stake in Life Insurance Corporation (LIC) of India through an IPO, is unlikely to further reduce its stake in the insurer for at least the next two years.
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Tata Group firm to buy govt stake in Neelanchal Ispat for Rs 12,100 crore
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): A Tata Group firm Tata Steel Long Products Ltd (TSLP) has won the bid to buy the government's stake in Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore, Union Finance Ministry said on Monday.
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AISAM approves 100 pc sale of govt stake in Air India: Hardeep Singh Puri
Updated : 6 years, 3 months ago IST
New Delhi [India], Dec 12 (ANI): Civil Aviation Minister Hardeep Singh Puri on Thursday said that Air India Specific Alternative Mechanism (AISAM) has approved 100 per cent sale of Centre stake in Air India for the re-initiated strategic disinvestment of the national carrier.
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ASSOCHAM urges reduction of govt. stake in banks
Updated : 8 years ago IST
New Delhi [India], Feb 18 (ANI): In lieu of the ongoing fraudulent transaction scam involving Punjab National Bank, the ASSOCHAM demanded that the government to reduce its stake in banks to less than 50 percent.
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