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Government stake News

02 Jun 2017

ONGC announces plans to buy government stake in HPCL

State-owned Oil and Natural Gas Corporation (ONGC) has announced its plans to likely acquire the central government`s majority stake in refiner Hindustan Petroleum Corp. Ltd (HPCL) by the end of this financial year.

06 Sep 2016

Niti Aayog working on second list of PSU divestment

New Delhi: After submission of the first list of PSUs for closure or sell off to the government, Niti Aayog is now working on another list for disinvestment.

government stake

24 Jul 2015

Govt planning stake sale in BPCL

The Government on Friday said it is planning to sell stake in Bharat Petroleum Corp Ltd (BPCL) and will take a final view after completion of inter-ministerial consultation.

government stake

31 Aug 2014

Govt to hike IFCI stake to 51%, infuse Rs 60 crore

Finance Ministry would seek Cabinet approval to hike its stake in the IFCI to 51 percent by pumping in Rs 60 crore, and make it a "government company", sources said.

Rashtriya Ispat Nigam

25 Jul 2014

Govt plans to sell 10% stake in Rashtriya Ispat Nigam

The government is also planning to sell a 5 percent stake in state-run Steel Authority of India Ltd this fiscal year to shore up its finances.

government stake

25 Jul 2014

Govt approves stake sale in Hindustan Zinc, BALCO

The government owns 29.5 percent of Hindustan Zinc and 49 percent of BALCO.

government stake

22 Jul 2014

Govt looking at stake sale in Rail infra companies

The move will help such companies to get listed on stock exchanges as well as raise funds for exchequer.

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