disinvestment

Disinvestment Helps Govt. Raise Rs 40,000 Crore In 2010

by Ankit Agarwal on December 19, 2010

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All things kept aside, the Indian Stock Markets this year have largely been about large scale PSU disinvestments from the government. If that needed any justification, government has mopped up Rs 40,000 crore in the year 2010 by diluting its stake in nine state owned companies At the start of the year, government announced a [...]

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Public Sector Undertaking (PSU) Companies Asset Growth Slows Down

by Ankit Agarwal on September 14, 2010

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A lot has been talked about disinvestment in Indian PSUs on how the government is diluting its stake in selected PSUs to raise capital. The disinvestments in a few PSUs have already happened primarily through IPOs and FPOs. One of the recent examples being the NMDC FPO However, the performance of PSUs as far as [...]

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Disinvestment in Coal India and Hindustan Copper Confirmed

The cabinet has finally approved share sale in state-run miners Coal India and Hindustan Copper as part of the ongoing disinvestment road-map.We had earlier covered a possibility of Hindustan Copper Disinvestment and earlier today the cabinet approved it along with share sale in Coal India too. The disinvestment in these two companies is expected to fetch [...]

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Hindustan Copper On The Disinvestment Radar Now

The central government has been rather aggressive with the disinvestment strategy and we have already witnessed a lot of state run companies coming up with IPO’s as well FPO in the case of NMDC FPO. We had earlier published an extensive list of Companies under the disinvestment radar and take or give few, the government [...]

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IPO Update: Pradip Overseas, IL&FS And NMDC FPO

It’s time to take stock of the recent IPO’s that became open for subscription recently.Overall, the stock markets have been range bound but the IPO frenzy is pretty much on.Even though the latest IPO’s did not manage to rake up phenomenal interest like that of DQ Entertainment IPO, we still saw some decent interest in [...]

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Disinvestment Isn’t working Well, NMDC FPO Gets Timid Response

Well, the government plan of disinvesting state owned companies to raise capital may not be working as they would have wanted. We already saw what became of the NTPC IPO which failed to deliver the goods and failed to close at a decent profit on the first day of its listing. Now, even the NMDC [...]

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