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Coal India’s production and off-take performance energizes scrip

Coal India’s production and off-take performance energizes scrip

09/04/2017 4:33 PM | Monday | By DSIJ Team

Coal India (CIL) has announced production and off-take performance of its subsidiaries for the month of August 2017 and for April 2017 to August 2017 through a BSE filing on Friday.

Coal India dismisses privatisation buzz, says no coal shortage

Coal India dismisses privatisation buzz, says no coal shortage

09/04/2017 12:20 PM | Monday | By Nikita Singh

Coal India Limited dismissed all speculations suggesting the privatisation of the company as its interim MD Gopal Singh stated that the India is not suffering from a scarcity of coal and the output of Coal India Limited surpasses the power demand of the company.

Buzzing Stock: JM Financial appointed as merchant banker for HPCL-ONGC deal

Buzzing Stock: JM Financial appointed as merchant banker for HPCL-ONGC deal

09/04/2017 11:36 AM | Monday | By Apurva Joshi

The government is selling around Rs 37,000 crore worth of stake in HPCL to ONGC and for this deal process, JM Financial has been appointed as the transaction advisor.

BEML gains after Merrill Lynch Markets Singapore buys stake

BEML gains after Merrill Lynch Markets Singapore buys stake

09/01/2017 1:00 PM | Friday | By DSIJ Team

A manufacturer of rail coaches, spare parts and mining equipment, BEML’s stock gained 4.56% at Rs 1,842.65 per share on the BSE during Friday’s intra-day trade after Merrill Lynch Markets Singapore bought its shares on Thursday.

LIC hikes stake in NTPC to 14.25%

LIC hikes stake in NTPC to 14.25%

09/01/2017 9:49 AM | Friday | By DSIJ Team

A day after the government raised about Rs 9,100 crore by selling 7% stake via OFS, the Life Insurance Corporation of India (LIC) now commands 14.24% stake in NTPC.

NTPC on slippery ground after block deal

NTPC on slippery ground after block deal

08/31/2017 10:10 AM | Thursday | By DSIJ Team

NTPC Limited has slipped further at the opening bell on Thursday. The stock opened lower by Rs 3.95 per share or 2.35% at Rs 164 per share on the NSE.

IOC surges on bourses on expansion news

IOC surges on bourses on expansion news

08/30/2017 4:48 PM | Wednesday | By Nikita Singh

In the wake of an increasing demand for petrochemicals, especially plastics and polymers, India’s largest public sector company Indian Oil has planned to invest Rs 32,000 crore to increase its output by the financial year 2021.

NTPC OFS retail portion oversubscribed by 11%

NTPC OFS retail portion oversubscribed by 11%

08/30/2017 12:46 PM | Wednesday | By DSIJ Team

The retail portion of NTPC’s offer for sale (OFS) got oversubscribed by 11% as of 1215 hours on the NSE.

NTPC OFS for retail investors opens today

NTPC OFS for retail investors opens today

08/30/2017 10:01 AM | Wednesday | By DSIJ Team

The OFS issue of NTPC, a public-sector power generation company, opened for retail investors on Wednesday. The issue is part of the government’s proposal to sell up to 41.22 crore shares or 5% stake of the company.

Buzzing Stock: NTPC stake sale gets off with good start

Buzzing Stock: NTPC stake sale gets off with good start

08/29/2017 5:45 PM | Tuesday | By Rohan Takalkar

Government plans to raise Rs.13,800 crore via 10% stake sale in NTPC. The government is selling 5% stake through an offer for sale (OFS) at a floor price of Rs.168, and another 5 per cent via green shoe option.

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