6 merchant bankers in fray for govt's HZL stake sale

As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.......

TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

Corporate India continues to be generous in rewarding its shareholders with big dividend payouts. Illustration: Uttam Ghosh/Rediff.com This is especially true for shareholders of companies such as......

Govt mulls offloading HZL shares

To avoid Balco-like situation, the government plans to take the market route to off-load 13 per cent of of the 29 per cent shares it holds in Hindustan Zinc Limited. The government plans to sell......

Sterlite residual buy in HZL may be stalled

Sterlite Industries' hopes of increasing its stake in Hindustan Zinc Ltdto around 95 per cent by exercising an open-ended call option (right but not the obligation to buy) over the government's......