CCEA approves REC sale to PFC

January 2019

The Cabinet Committee on Economic Affairs (CCEA) has accorded in-principle approval for the sale of the central government’s 52.63 per cent stake in the Rural Electrification Corporation (REC) to the Power Finance Corporation (PFC) along […]

ONGC to buy back shares for Rs 40.22 billion

January 2019

The board of the Oil and Natural Gas Corporation (ONGC) has approved a buyback of 252.9 million shares for Rs 40.22 billion as part of the government’s plan to get cash-rich public sector units to […]

CPPIB in talks to acquire stake in ReNew Power

November 2018

The Canada Pension Plan Investment Board (CPPIB) is in talks to acquire Goldman Sachs’ stake in ReNew Power Limited. Goldman Sachs is planning to sell around 20 per cent stake through a private sale. Goldman […]

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