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Tags : "dipam"

Government raises Rs 770 cr from Bharat Dynamics stake sale

The government has raised Rs 770 crore from stake sale of ammunition and missile systems manufacturer Bharat Dynamics Ltd through an offer for sale, which concluded on Wednesday. “BDL OFS concluded today with a total subscription of about 2.34 crore shares worth Rs 770 crore from institutional and retail investors,” secretary of department of investment […]Read More

Bharat Dynamics OFS gets off to smooth start, institutional buyers

NEW DELHI: The over Rs 900-crore Offer for Sale (OFS) of government shares in defence firm Bharat Dynamics got off to a smooth start with the portion reserved for institutional investors oversubscribed 1.40 times. The government is selling over 2.74 crore shares of Bharat Dynamics Ltd (BDL) at a floor price of Rs 330 apiece. […]Read More

Govt defers EOI deadline for Air India divestment to August

Mumbai: The government has,for the third time this year, deferred the deadline for submission of expressions of interest for Air India by two months to August 31. Intimatation to qualified bidders will now be sent on Sept 14 instead of July 14, said a notification from the Department of Investment and Public Asset Management (DIPAM), […]Read More