Disinvestment secretary Aradhana Johri said it was a very difficult day. “Still we are happy to have got the value despite huge volatility,” she said. She should be happy as the governm
The global roadshows at four locations to attract investments for its big-ticket stake sale in the country’s largest power producer NTPC and BEL began on Monday (Oct 5). The campaign that may
Indian Oil Corporation is planning to spend about $5 billion (nearly Rs 32,500 crore) to expand its exploration and production business. More than half the amount is likely to be ear
State-owned Indian Oil Corporation (IOC) has announced bonus shares as its first-quarter net profit jumped 25 percent to Rs 8,268.98 crore. The board of directors has approved the b
Five public sector companies - Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation (IOC), Rural Electrification Corporation (RE
Market regulator Sebi has agreed to the government’s proposal to give employees of central public sector undertakings (PSUs) a larger role to play in the disinvestment process.
Eight public sector undertaking (PSUs) companies have announced bonus shares for their shareholders thus far in the current calendar year 2016, reported Business Standard. Statistic
Liquefied petroleum gas (LPG) producers like Reliance Industries have been asked by the government to supply cooking gas they produce only to state-run oil companies. Private retailers have b
