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Govt to sell up to 7% stake in HUDCO; share sale to open on October 18

The Offer For Sale (OFS) for over 14.01 crore shares or 7 per cent stake will open for institutional investors on October 18. ....

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Govt sends notice to Pawan Hans winning bidder

Govt had put the sale on hold after the Kolkata bench of NCLT passed an adverse order against Almas Global ....

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IDBI Bank privatisation: Govt likely to extend deadline to submit bids till Jan

The government and LIC together are looking to sell a 60.72% stake in IDBI Bank; government said last week it would allow a consortium of foreign funds and investment firms to own more than 51% of the lender ....

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IDBI Bank to continue primary dealer business even if foreign bank acquires majority stake

As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI s treasury actively participates in primary auction of government bonds. ....

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'Disinvestment not for shutting down public firms,' says FM Sitharaman | Economy News

Nirmala Sitharaman said that public sector enterprises which were privatised between 1994 and 2004 are being driven by professionally run boards. ....

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