Stake sales

Govt garners Rs 12,701 crore from disinvestment in FY16 so far

Government has raised Rs 12,701 crore from stake sale in PSUs in this fiscal so far and has lined up state-run firms in sectors such as defence, oil and power for disinvestment to garner more capital, Finance Minister Arun Jaitley said.

Dec 11, 2015, 22:58 PM IST

Shiv Nadar Foundation sells Rs 1,108.9 crore stake in HCL Tech

Shiv Nadar Foundation Monday sold its entire 0.79 percent stake in HCL Technologies for Rs 1,108.9 crore in the open market to comply with regulations and the funds would be used to realize various initiatives.

Mar 09, 2015, 16:01 PM IST