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URL copied Govt plans to sell 20 per cent stake in National Fertilizers Ltd Centre plans to sell 20 per cent stake in National Fertilizers Ltd (NFL) through 'offer for sale'. The Department of Investment and Public Asset Management (DIPAM) has invited tenders from law firms with experience and expertise in public offerings and OFS in capital markets to act as legal advisers and assist the government in the process. It has also sought tenders from merchant bankers for the sale process. "The GoI intends to disinvest 20 per cent paid up equity capital of NFL out of its shareholding of ...

Shares will be sold through ‘Offer for Sale’ through stock exchanges

Read more about IRCTC Q3 PAT skids 62% to Rs 78 cr on Business Standard. Indian Railway Catering and Tourism Corporation (IRCTC)'s standalone net profit tanked 62.1% to Rs 78.09 crore on 68.7% fall in net sales to Rs 224.37 crore in Q3 December 2020 over Q3 December 2019.

Indian Railway Catering and Tourism Corporation (IRCTC) rose 2.87% to Rs 1479.20, extending its winning run to second trading session.The stock rose 3.67% in two trading days from its previous closing low of Rs 1426.90 posted on 25 January 2021. IRCTC has surged about 91% from its 52-week low of Rs 774.85 hit on 26 March 2020. It hit a 52-week high of on Rs 1,995 on 25 February 2020. IRCTC on Wednesday announced that it will restart operations for both pairs of IRCTC Tejas Trains (82501/82502 and 82901/82902) from 14th February 2021. The above mentioned trains are being fired for booking on I...

In yet another delay in the strategic disinvestment process of Pawan Hans, Centre has now extended the deadline for submission of Expression of Interest (EoI) for the company till February 18.The original deadline for the submission of EoIs was ...