Indian Oil Corporation and NTPC fell 1.74% to 4.73% at 11:39 IST on BSE on reports the Cabinet Committee on Economic Affairs at a meeting held today, 13 May 2015, approved government's 5% divestment in NTPC and 10% stake sale in IOCL.
NTPC (down 4.73% at Rs 134.80) and Indian Oil Corporation (down 1.74% at Rs 327) edged lower.
Meanwhile, the S&P BSE Sensex was up 7.52 points or 0.03% at 26,885.
The Government of India (GoI) held 74.96% stake in NTPC and 68.57% in Indian Oil Corporation (as per the shareholding pattern as on 31 March 2015).
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app