Keeping in view the challenges faced by finance minister P. Chidambaram in curbing the burgeoning fiscal deficit and bringing the economy back on track, the government is preparing to hit the disinv

The government will kick start its disinvestment programme for the current fiscal from June with stake sale in steel major Rashtriya Ispat Nigam Ltd (RINL) through an initial public offering (IPO) tha

Government aims to tap various assets to raise an estimated Rs 1.52 lakh crore (over USD 30 billion) in the next fiscal, nearly half of which could come from telecom spectrum sale and disinvestment in

State-owned National Buildings Construction Co's initial public offering may be launched on March 22, Sidhartha Pradhan, additional secretary in the government's Department of Disinvestment, told tele

ONGC on Monday said LIC picked up 37.71 crore shares in the company during the auction last week and its total holding has gone up to 9.48 per cent.

Taking into account the average price of Rs 303

The government fell just short of its target in a chaotic $2.5 billion auction of shares in Oil and Natural Gas Corp getting off to a faltering start in its bid to revive government stake sales to pat

ONGC shares fell about four per cent in the early morning trade on Friday -- a day after the government managed to succeed with nearly five per cent stake sale in the public sector energy giant for ab

The one-day auction for sale of the government's 5 per cent stake in ONGC gained further momentum by afternoon trade wit total bids for about 1.35 crore shares, but was still far away from the tota

Shares of ONGC on Thursday began trading with modest gains in a weak market, as the government began sale of its 5 per cent stake in the public sector energy giant through a one-day auction process on

Hard pressed for funds, the government on Thursday approved the proposal for expediting disinvestment through the buyback route under which blue chip state-owned companies will buy its stake.

The de