Page 14 - Nikunj Ohri

Centre, LIC to offload part or full IDBI Bank stake in one go: DIPAM

Any person holding less than 25% of shares in a company can make an open offer provided that it is for a minimum of 26%

IPO-bound LIC to have CEO, managing director as Centre scraps chairman post

Govt amends another rule to appoint a full-time actuary for state-owned insurance behemoth

PNB advises Housing arm to rejig Carlyle deal as per Sebi order

PNB Housing to await SAT's order before taking a call on restructuring

Govt's move to bring DPE under FinMin to aid privatisation process

The changes are being done as govt looks to maintain "bare minimum" presence in PSUs in strategic sectors and privatise, merge, or close the remaining state-owned entities

Ahead of cabinet expansion, govt brings DPE under finance ministry

Earlier, the DPE came under the Ministry of Heavy Industries and Public Enterprises

Govt moves Irdai to allow listing of 'corporation' ahead of LIC's IPO

This comes ahead of listing of LIC as India's largest IPO

Govt to sell up to 7.5% in NMDC via OFS on Tuesday, may get Rs 3,621 cr

Will sell its 4% stake, or 117.2 million shares, at a floor price of Rs 165 each, a near 6% discount to Monday's closing price

Shift in stance: Govt likely to indemnify PSU buyers from past claims

Litigation-free assets among several buyer-friendly steps

NITI Aayog recommends privatising United India Insurance Company

Core group to soon consider the proposal to privatise the insurer

Booster dose: Govt unveils Rs 6.3-trillion package to spur growth

Includes credit guarantee schemes, steps to revive tourism, strengthen health infra

Govt dials investors ahead of LIC's IPO; embedded value expected by August

Preliminary presentation made on insurer's prospects

PNB HFC-Carlyle pact: Deal complies with guidelines, PNB board told

The government is looking at the issue and is awaiting Securities Appellate Tribunal order due on July 5

PNB Housing Finance board followed all due processes: Finance Ministry

Remarks come a day before PNB board meeting

BEML buyer may face restriction on raising capital for a few years

This is being done as such a move would lead to further dilution of the sovereign's stake below 28 per cent after privatisation

Govt seeks to appoint advisors to assist IDBI Bank privatisation

The govt plans to sell its 45.48% shareholding in the lender. LIC, which owns 49.24%, will also offload its stake to transfer management control to new buyer

NARCL pegs its funding requirement at Rs 6,000 crore: Details here

The capital funding structure would follow a debt and equity ratio of 1:1, according to the proposal

Govt proposes one-year retention for Air India staff after privatisation

Draft RFP sets a precedent for all state-owned firms on the block

BEML privatisation: Panel to meet on Friday to finalise sale process

The government will sell 26 per cent out of the total 54.03% stake it holds in the company along with transfer of management control.

Procedural delay likely to hit Shipping Corporation privatisation process

The Shipping Corporation was asked to draft the SPA and insert clauses based on the response received in road shows

Carlyle deal struck after due diligence, says PNB Housing Finance

Issue price arrived at after valuation by a CA, firm adds