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SUUTI

Govt plans Axis Bank stake sale to raise up to $748 mn

Finance

11 February, 2019

Govt plans Axis Bank stake sale to raise up to $748 mn

The government plans to sell a stake of up to 3 percent in Axis Bank Ltd in an offer that ......

Govt raises $643 mn via stake sale in Larsen & Toubro

Manufacturing

21 June, 2017

Govt raises $643 mn via stake sale in Larsen & Toubro

The government on Wednesday raised about Rs 4,158 crore ($643 million) by selling an about 2.6% stake in engineering giant ......

Govt raises just under $1 bn via ITC stake sale

Consumer

07 February, 2017

Govt raises just under $1 bn via ITC stake sale

The government on Tuesday sold a 2% stake in cigarette maker ITC Ltd for Rs 6,690 crore ($993 million) as ......

Economy round-up: Inflation slows, factory output shrinks, stocks slump

General

12 September, 2016

Economy round-up: Inflation slows, factory output shrinks, stocks slump

The week began on a pessimistic note on Monday with renewed fears of a rate hike in the US dragging ......

Govt starts process to sell stakes in private companies

General

08 July, 2016

Govt starts process to sell stakes in private companies

The Indian government has invited bids from bankers to sell its minority stakes in many listed and unlisted companies as ......

Govt kicks off process to sell stake in Axis Bank

General

14 January, 2014

Govt kicks off process to sell stake in Axis Bank

The government has invited bids from nine investment bankers to offload part of the stake it holds in private sector ......

Govt defers decision to dismantle SUUTI

General

10 January, 2014

Govt defers decision to dismantle SUUTI

The Union Cabinet has decided to defer the earlier decision to wind up operations of Specified Undertaking of UTI or ......