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Construction & Infrastructure News

Govt to take a call on stake sale in Balco, Hindustan Zinc

December 2013

To sell government's stake in Balco and Hindustan Zinc, Prime Minister Manmohan Singh will preside over a meeting, scheduled on November 29, that cou...

government's stake in Balco, Hindustan Zinc, Prime Minister Manmohan Singh, divestment

Nilons to divest stake to partner

December 2013

Media reports say that Nilon’s is planning to divest upto 49 per cent stake to induct a strategic partner and provide an exit to NRI investor, Kirit ...

Nilon, stake, Kirit Pathak, Nilon's Enterprises

L&T Finance Holdings' stake sold for Rs 7.68 cr

November 2013

A 0.06 per cent stake in L&T Finance Holdings has been sold for Rs 7.68 crore, said Larsen & Toubro (L&T). The engineering major sold 10,00,554 share...

stake, L&T Finance Holdings, Larsen & Toubro, National Stock Exchange, BSE

Omnivore Partners buys stake in Eruvaka Tech

November 2013

A minority stake in Eruvaka Technologies has been bought by Omnivore Partners for an undisclosed amount. Founded in 2012, Eruvaka Technologies develo...

minority stake, Eruvaka Technologies, Omnivore Partners

IOC to buy 40% stake in Haldia Petrochemicals

November 2013

In the Haldia Petrochemicals, Indian Oil Corporation (IOC) intends to buy the entire 40 per cent stake at one go and it has conveyed the same to the ...

Haldia Petrochemicals, Indian Oil Corporation, stake, West Bengal government

Jet Airways promoter sells stake for Rs 211 cr

November 2013

Jet Airways promoter Tail Winds on November 18 offloaded 7.89 per cent stake for over Rs 211 crore in the open market to complete the 24 per cent sta...

Jet Airways, Tail Winds, stake, Etihad

CIL to hold roadshows abroad to sell stake

November 2013

To sell a five per cent stake in its Coal India (CIL) mining company, the Union government will hold roadshows in three countries-Singapore, Hong Kon...

stake, Coal India, Union government, roadshows, Singapore, Hong Kong, Australia, Germany, UK

Govt plans to sell stake in IOC, CIL by year-end

November 2013

To raise about $2.3 billion to boost public finances, the Union government has revived plans to sell stakes in two State-owned companies-Indian Oil C...

Union government, stakes, Indian Oil Corp, Coal India
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