Govt considers part sale of shares held by SUUTI

The government's attempts to monetise a portion of the shares held by the Specified Undertaking of UTI (SUUTI) appears to be gathering steam.The finance ministry is considering a proposal to sell......

L&T, ITC, Axis stakes may stay with SUUTI

Shares of ITC, Axis Bank and Larsen & Toubro are likely to stay with the Specified Undertaking of the Unit Trust of India, which was to be wound up in June. Legal opinion received by the government......

Voting advisory firms divided over FMCG major ITC's hotel demerger move

Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC’s hotel business, ITC Hotels. Photograph: Amit Dave/Reuters......

Sebi puts NSDL's IPO in abeyance

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. Photograph: Shailesh Andrade/Reuters However, the Securities and Exchange......