State-owned ONGC and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.

GMR Infrastructure plans to raise Rs 4,000 crore by FY16 through divestment of assets and share sale to reduce debt and ease cash flow. The loss-making infrastructure company plans to divest projects, monetise land assets and sell stake at holding company level to raise funds.

Navayuga Power, a unit of CVR Group that operates the largest private port on India´s east coast

India's GMR Group is to sell its 40 per cent stake in Istanbul's Sabiha Gokcen International Airport for 200-250 million (approximately Rs 2,500 crore. For this, the GMR Infrastructure, India's largest private airport developer, has entered into a definitive agreement with Turkey's TAV Airports Holdings.

For the sale of its 10 per cent stake in the country's largest oil firm Indian Oil Corp (IOC), the Union government is holding investor meetings this week in Singapore and Hong Kong. The government has already held roadshows in the US and the UK last week for the purpose.

To raise about $2.3 billion to boost public finances, the Union government has revived plans to sell stakes in two State-owned companies-Indian Oil Corp (IOC) and the Coal India.

The Union government's disinvestment department has been on a roadshow in five nations including Germany and the UK to attract foreign investors for its Rs 9,000-crore Coal India's five per cent stake sale. The roadshows are being held in New York, Boston and San Fransisco in the US, followed by Toronto in Canada and London in the UK, sources in the government said.

Tata Group and Srei Infrastructure are exploring options to sell their majority stake in the joint venture, reports indicate.

According to media reports, the restriction on exploration in 'no-go' areas imposed by the ministry of defence (MoD) may hinder Oil and Natural Gas Corporation's (ONGC) business plan. The public sector firm plans to rope in technical parters for its deep water and ultra deep water blocks, which fall unde