Government through Specified Undertaking of the Unit Trust of India (SUUTI) has divested 2% shares of the total shares of ITC to LIC through block trade on 7th March, 2017. Government has received an amount of Rs. 6,682 crore from this transaction. Government ... PIB, 4 weeks ago
SUUTI holdings straddle 51 firms - The Financial Chronicle, 2 months ago
ITC surges to life high: Top gainer in Sensex on a dull day - India Infoline, 2 months ago
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Earlier this month, the government divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI). LIC bought this 2 percent taking its overall shareholding to 16.32 percent.Money Control, 1 month ago
Government may sell another tranche of stakes it holds in Axis Bank, ITC and Larsen & Toubro through the Specified Undertaking of the Unit Trust of India, or Suuti, over a week as it looks to reach closer to the revised disinvestment target. The government, ...The Financial Chronicle, 1 month ago Govt sells 2% SUUTI stake in ITC; FY17 divestment goal in sight Money Control, 2 months ago
The government today raised Rs 6,700 crore through sale of 2 per cent stake in tobacco-to-FMCG firm ITC, held through Specified Undertaking of the Unit Trust of India (SUUTI).DNA, 2 months ago Govt ensures Rs 8,700 crore in selloff kitty in a day The Financial Chronicle, 2 months ago Govt gets wise to market, sells 2% stake in ITC for Rs 6,700 crore The Financial Chronicle, 2 months ago
The regulator allows insurers to hold only up to 15 percent stake in one company. Earlier this year, the government divested 2 percent of its stake held in ITC held through the Specified Undertaking of the Unit Trust of India (SUUTI). LIC bought this 2 ...Money Control, 1 day ago
State-owned insurance firms, including behemoth LIC, have made huge gains of thousands of crores of rupees with significant investments in cigarette maker ITC even as private insurers and mutual funds have turned ‘responsible’ by drastically cutting their ...The Financial Chronicle, 6 days ago PSU insurers gain big from ITC; pvt players turn 'responsible' Business Standard, 6 days ago
Kotak Mahindra Bank on Thursday said its board of directors has approved sale of 6.2 crore equity shares worth approximately Rs 5,320 crore at current prices to fund potential acquisitions, among other things. Speculation is intense in the market that Kotak ...The Financial Chronicle, 3 weeks ago
Posted by Equitymaster Indian share markets continued to trade range bound in the afternoon session amid mixed global indices. At the closing bell, the BSE Sensex closed lower by 70 points, whereas the NSE Nifty finished lower by 17 points. The S&P BSE Midcap ...Equitymaster.com, 1 month ago Markets Continue to Remain Weak; ITC Gains on Block Deal Equitymaster.com, 2 months ago
Axis Bank scrip spiked nearly 5 per cent amid media reports that several banks have approached the government informally, expressing an interest in picking a stake in the private lender. Among those who have expressed interest include the HDFC Bank, HDFC Ltd, ...The Financial Chronicle, 1 month ago Kotak Bank, Axis Bank deny merger news; Stocks pare early gains Sify, 2 months ago
When the NDA Government took power in 2014, it immediately raised hopes of a more business friendly government. Hopes of tax cuts, less governance, simplification of tax structures, unleashing the animal spirits in business. Mr. Jaitley always spoke of ...Trak.in, 2 months ago
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