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Centre's 10 per cent stake sale in Indian Oil Corporation (IOC) kicked off today with some demand coming in from retail investors in initial trade amid hefty sell-off in broader market. The disinvestment is expected to raise Rs 9,300 crore, or nearly a quarter of the targeted Rs 41,000 cr from minority stake sales in PSUs in 2015-16.</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
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Here are the proceeds from PSU divestment since FY 2010-11. </br><br>In the current fiscal it has sold stakes in three PSUs — PFC, REC and Dredging Corporation — netting over Rs 3,300 crore. </br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
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<b>Rs 69,500 cr</b> is the total target from disinvestment proceeds in 2015-16, including Rs 41,000 crore from disinvestment of minority stake in PSUs and another Rs 28,500 crore from strategic sales.</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
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<b>Rs 1,550 cr</b> is the estimated proceeds raised from 5 per cent stake sale in Rural Electrification Corp in April, 2015</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
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<b>Rs 1,600 cr</b> is the estimated revenue raised from 5 per cent disinvestment in Power Finance Corporation in July, 2015. (Reuters photo)</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
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<b>Rs 53 cr</b> is the expected proceeds from the disinvestment of 5 per cent government equity in Dredging Corporation of India Ltd in August.</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
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</br><br><strong>Read full story:</strong> <a href="https://www.financialexpress.com/article/markets/indian-markets/indian-oil-corp-ioc-share-sale-begins-amid-bloodbath-in-market/124609/"><strong>IOC share sale begins amid bloodbath in market</strong></a>
