Residual Stake Sell

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  Rahul Gandhi Slams Centre Over Plans To Sell Residual Stake In 4 Airports

  Congress leader Rahul Gandhi today attacked the government over reports that it plans to sell its residual stake in the already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports, alleging that such privatisation hurts the public and benefits only a handful of cronies.

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  GVK Exits Bengaluru Airport, Sells Residual 10% Stake To Fairfax

  The Bengaluru airport is Fairfax Group's largest investment in the country since it opened an India-dedicated investment company in 2014.

• Residual Stake Sale in Hindustan Zinc, Balco Unlikely in FY15

  The government is unlikely to sell its residual stake in Hindustan Zinc and Balco in fiscal year 2014-15 as it looks at Oil and Natural Gas Corp (ONGC) and Coal India Ltd (CIL) disinvestments to meet the current year's target.

• Financial Tech Exits MCX by Selling 5 Per Cent Stake for Over Rs 200 Crore

  Financial Technologies India Ltd (FTIL) on Wednesday exited MCX, the country's largest commodity exchange, by selling its residual 5 per cent stake in the bourse for over Rs 200 crore.

• Hindustan Zinc stake sale through auction route: report

  The sources further said that selling remaining 29.5 per cent residual stake in Hindustan Zinc, which is now controlled by Anil Agarwal's Vedanta Resources, is expected to fetch about Rs 15,000-20,000 crore.

• Finance Ministry for auction of stake in Hindustan Zinc: report

  The Finance Ministry has recommended auction of government's minority holding in erstwhile state-run firm Hindustan Zinc saying Parliament approval on selling its residual stake is not needed as the company can no more be classified as a PSU, according of official sources.

• Akula, Sequoia Capital sells SKS shares worth Rs 32 crore

  Akula, ormer chairperson who was later forced out of the country's only listed microfinance firm, today sold his entire residual holding of 9,06,724 shares, or 0.84 per cent stake Rs 12 crore, according to data available with bourses.

• Finance Ministry keen to sell residual stake in HZL, Balco via e-auction

  The Finance Ministry has proposed e-auction to sell its residual stake in Hindustan Zinc and Balco in which Vedanta Resources, the existing majority stakeholders of the companies, could also participate.

• Government mulling sale of residual stake in Hindustan Zinc, Balco

  The government is considering the option of selling its residual stake in Hindustan Zinc and Balco-- two erstwhile PSUs that were sold to mining giant Vedanta Resources during 2001-2003. The move is aimed at meeting the Rs 30,000-crore disinvestment target for the current fiscal, though a final call will be taken by the Cabinet, official sources sa...