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Divestment gets a boost with three big PSU stake sales

The Union Cabinet on Wednesday cleared a dilution of the government's stake in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC Ltd.  At current market valuations, the......

Citi, HSBC among 5 bankers to manage ONGC share sale

Moving ahead with the 5 per cent disinvestment in ONGC, which may fetch the exchequer over Rs 17,000 crore (Rs 170 billion) the Finance Ministry has appointed 5 merchant bankers including Citigroup......

Bankers pitch for a National Asset Management Co

Concerned over rising bad loans, heads of banks and financial institutions on Tuesday suggested creation of National Asset Management Company which could act as a nodal agency to deal with the......

DLF's share sale oversubscribed 1.3 times

Realty major DLF's offer for sale of 8.1 crore (81 million) equity shares to institutional investors has been oversubscribed by 1.3 times, which will help it raise Rs 1,888 crore (Rs 18.88 billion)......

Bharti Infratel IPO subscribed 1.3 times

The biggest initial public offer in over 2 year, made by telecom tower company Bharti Infratel, has received total subscription of over Rs 4,365 crore or 1.3 times the issue size on its last day......
  Web results for Hsbc Securities And Kotak Mahindra
DoD to select 5 merchant bankers for CIL stake sale on Nov 26

06:40 pm New Delhi: The Disinvestment Department will on Thursday shortlist five merchant bankers for ma aging the Rs 21,000 crore stake sale in... ...
Disinvestment Department to select 5 merchant bankers for Coal India stake sale on Nov 26

As many as seven merchant bankers, including SBI Capital, HSBC Securities and J M Financial, have bid for managing the government's 10% share sale... ...
FIIs pick bonds over equities for second year in a row

FIIs have bought a net of $8.05 billion in local debt this year, more than double the $4.02 billion they have pumped into stocks Photo: Mint... ...
Sensex closes 376 points up on upbeat global cues, Nifty settles at 7,949; Cairn, Idea gain over 6%

Sensex closed 376.17 points up at 26,154.83. Nifty advanced 105.60 points at 7,948.90. (Express Photo) The BSE Sensex and NSE Nifty gained over... ...

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