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Power Finance News
Tapping loan market outside the US With a billion-dollar deal by Reliance Industries (RIL), India Inc’s desire to tap foreign funds received a new spark. While India’s largest firm by enterprise value could successfully negotiate with US investors, owing to the enormous deal size and strong market standing, relatively smaller firms would mostly rely on non-US investors for their funding. Top arrangers in the country think
In-principle nod for ONGC stake sale
EGoM fails to decide on ONGC, BHEL stake sales
The government stumbled in its effort to meet the target of raising Rs.40,000 crore through stake sale in state-owned firms this fiscal as an empowered group of ministers (EGoM) Wednesday failed to decide on off-loading shares in the country's biggest oil and gas explorer ONGC and engineering major BHEL.
Decision on ONGC, BHEL stake sale route likely today
The government is looking at all possible options to drive disinvestment in what remains of the financial year, in a hope to minimise the shortfall in its Rs 40,000-crore target.
India Inc bats for short-term hedging strategies
Sensex down marginally amid cautious trades
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