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FM postpones merchant banker selection for IOC stake sale
March 2015
The selection of a merchant banker to manage the sale of government´s 10 per cent stake in Indian Oil Corp (IOC) has been postponed, the Finance Ministry has said.
Govt holds roadshow in abroad to sell stake in CIL
October 2013
The Union government's disinvestment department has been on a roadshow in five nations including Germany and the UK to attract foreign investors for its Rs 9,000-crore Coal India's five per cent stake sale. The roadshows are being held in New York, Boston and San Fransisco in the US, followed by Toronto in Canada and London in the UK, sources in the government said.
Govt holds roadshow in abroad to sell stake in CIL
October 2013
The Union government's disinvestment department has been on a roadshow in five nations including Germany and the UK to attract foreign investors for its Rs 9,000-crore Coal India's five per cent stake sale. The roadshows are being held in New York, Boston and San Fransisco in the US, followed by Toronto in Canada and London in the UK, sources in the government said.
Govt may divest only 5% more stake in CIL
August 2013
Coal minister Sriprakash Jaiswal informed that the government decided that instead of 10 percent disinvestment in Coal India (CI), it would offload 5 percent stake. After reaching a deal with the main trade unions, the government reduced the size of the stake it plans to sell in CIL to
Govt may divest only 5% more stake in CIL
August 2013
Coal minister Sriprakash Jaiswal informed that the government decided that instead of 10 percent disinvestment in Coal India (CI), it would offload 5 percent stake. After reaching a deal with the main trade unions, the government reduced the size of the stake it plans to sell in CIL to
Ministry wants resolution of key issues before CIL stake sale
May 2013
Agency reports indicate that union coal ministry wants the Department of Disinvestment (DoD) to move ahead with the divestment of stake in Coal India (CIL) after key issues are resolved. The 10 per cent equity sale in the coal miner was cleared by an Inter-ministerial Group (IMG) and this may fetch the government over Rs 17,000 crore. The government, at present holds 90 per cent stake in
Ministry wants resolution of key issues before CIL stake sale
May 2013
Agency reports indicate that union coal ministry wants the Department of Disinvestment (DoD) to move ahead with the divestment of stake in Coal India (CIL) after key issues are resolved. The 10 per cent equity sale in the coal miner was cleared by an Inter-ministerial Group (IMG) and this may fetch the government over Rs 17,000 crore. The government, at present holds 90 per cent stake in
Govt may divest upto 10% in Coal India in FY14
March 2013
In 2013-14, the central government plans to divest up to 10 per cent stake in Coal India (CIL) through the offer for sale (OFS) route, a top government source informed. If the stake sale materialises, this would be the biggest disinvestment for the government in the 2013-14 fiscal. The government plans to raise Rs 40,000 crore
Govt may divest upto 10% in Coal India in FY14
March 2013
In 2013-14, the central government plans to divest up to 10 per cent stake in Coal India (CIL) through the offer for sale (OFS) route, a top government source informed. If the stake sale materialises, this would be the biggest disinvestment for the government in the 2013-14 fiscal. The government plans to raise Rs 40,000 crore
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