Coal India stake sale may spill over to next fiscal
The 10 percent stake sale in Coal India is likely to be deferred to next fiscal as the government wants to wait for stability in the equity markets for a better valuation.
Jan 17, 2016, 11:29 AM ISTForeign investors want government to defer CIL stake sale
Opposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal miner should be put off as the current market valuation is low.
Dec 13, 2015, 15:12 PM IST
Coal India stake sale: Govt shortlists 5 merchant bankers
Government has shortlisted five Indian merchant bankers, including JM Financial, SBI Capital and ICICI Securities, for managing the over Rs 21,000-crore stake sale in Coal India.
Nov 26, 2015, 19:32 PM ISTCoal auction: Eight blocks to go under hammer from January 18
The government Thursday kick-started the process for the fourth round of e-auctioning of eight coal blocks, which is slated for January 18-22 next year.
Nov 19, 2015, 17:20 PM ISTAntim Baazi: Exclusive Chat with Piyush Goyal
Check out our exclusive chat with Piyush Goyal in which he talks about Coal India.
Nov 19, 2015, 00:27 AM ISTCoal India unions oppose 10% stake sale in PSU
Employee unions at Coal India Wednesday opposed the government's decision to sell 10 percent stake in the miner, with one of the trade unions threatening to go on strike against the divestment.
Nov 18, 2015, 19:52 PM ISTCabinet approves 10% stake sale in Coal India, IPO for Cochin Shipyard
The Cabinet Wednesday approved 10 percent stake sale in Coal India and initial public offer of Cochin Shipyard amid growing concerns over meeting Rs 69,500 crore disinvestment target in the current fiscal.
Nov 18, 2015, 18:19 PM ISTGovt approves 10% stake sale in Coal India, eyes 20K cr
At current market capitalisation, based on CIL stock price, 10 percent stake sale could fetch about Rs 21,137.71 crore.
Nov 18, 2015, 16:18 PM ISTCabinet approves 10% divestment in Coal India
The Union Cabinet on Wednesday approved 10 percent stake sale in Coal India that could fetch up to Rs 20,000 crore to the exchequer.
Nov 18, 2015, 15:04 PM ISTCIL stake sale: Deadline for merchant bankers extended again
Government has again extended the date by another three weeks for submission of bids by merchant bankers interested in managing the Coal India's (CIL) 10 percent stake sale, which may fetch around Rs 19,600 crore.
Sep 28, 2015, 16:13 PM ISTGovt extends deadline for bids to manage CIL's 10% stake sale
Government has extended the date by three more weeks for submission of bids by merchant bankers interested in managing the 10 percent stake sale in Coal India (CIL), which is likely to fetch about Rs 22,450 crore.
Sep 01, 2015, 20:23 PM ISTCoal India stake sale: Trade unions up the ante
Major trade unions of Coal India opposed to any government proposal to 10 percent stake sale in the PSU will soon chalk out a strategy to take their protest forward.
Aug 19, 2015, 22:14 PM ISTCabinet may consider Coal India stake sale proposal Wednesday
The Cabinet may consider Wednesday 5-10 percent stake sale in Coal India that could fetch up to Rs 24,800 crore to the exchequer.
Aug 11, 2015, 23:01 PM ISTFurther stake sale in Coal India in due course: Goyal
The government Wednesday said it will go for further stake sale in Coal India in due course to meet the SEBI guidelines on public shareholding.
Apr 29, 2015, 22:52 PM ISTGovt nets Rs 22,557 crore from CIL stake sale; LIC biggest buyer
In the biggest-ever disinvestment, the 10 percent stake sale in Coal India on Friday fetched the government Rs 22,557.3 crore in a bumper sale where state-run LIC alone picked up nearly one-third of the public offer.
Jan 30, 2015, 21:52 PM ISTTrade unions protest against Coal India stake sale
Five trade unions operating in the coal sector on held demonstrations to protest against the Coal India disinvestment.
Jan 30, 2015, 20:47 PM ISTFiscal deficit overshoots budget target
India's fiscal deficit overshot the budget estimate of Rs 5.31 lakh crore by December-end and may prompt the government to take tough steps in the remaining part of 2014-15 to restrict it to 4.1 percent of GDP.
Jan 30, 2015, 19:22 PM ISTCIL mega share sale sails through; Govt to get Rs 22,600 crore
This is also the biggest ever share sale by any private or public sector company in India and exceeds the previous record of over Rs 15,000 crore made by CIL itself in 2010.
Jan 30, 2015, 16:45 PM ISTCoal India shares end over 2% lower on stake sale announcement
After falling 5 percent to Rs 364.60 in intra-day trade at the BSE, shares of CIL finally ended at Rs 375.15, down 2.32 percent from its previous close.
Jan 29, 2015, 20:15 PM ISTCoal India divestment on Friday; Govt eyes Rs 22,600 crore
At the floor price, the total 10 percent stake can fetch the government Rs 22,600 crore.
Jan 29, 2015, 17:58 PM IST