Offer – India Chron https://indiachron.com Thu, 16 Sep 2021 06:03:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://indiachron.com/wp-content/uploads/2026/02/favicon-4-150x150.png Offer – India Chron https://indiachron.com 32 32 Government to sell 10% stake in Hindustan Copper Ltd through offer https://indiachron.com/business/government-to-sell-10-stake-in-hindustan-copper-ltd-through-offer/ Thu, 16 Sep 2021 06:03:47 +0000 https://indiachron.com/government-to-sell-10-stake-in-hindustan-copper-ltd-through-offer Government will sell upto 10% stake in Hindustan Copper Ltd through offer for sale option in the stock exchange that could fetch around Rs 1121 crore to the exchequer.

“Government brings out “Offer for sale” for 10% Equity stake sale in Hindustan Copper Ltd, including 5% Green-shoe option. The offer opens tomorrow for Non-Retail investors at a floor price of Rs.116 per share. Retail investors can bid on Friday”, Department of Investment and Public Asset Management secretary Tuhin Kanta Pandey tweeted on Wednesday.

The floor price for the OFS has been pegged at Rs.116 per share. On Wednesday share price of Hindustan Copper closed 1.27% down at Rs 124.5.

Hindustan Copper reported a net profit of Rs 110 crore in FT21 against a loss of Rs 598 crore in the preceding year. The central public-sector enterprises (CPSE) under the Ministry of Mines, reported a total income of Rs 1,822 crore in FY21, compared to Rs 888.81 crore in FY20.

The Centre has so far garnered Rs 8,369 crore, against the disinvestment target of Rs 1.75 trillion for FY22. It has sold its entire stake in Axis bank held through Specified Undertaking of the Unit of India (SUUTI) for Rs3,994 crore and got Rs 3,654 crore and Rs 720 crore through stake sales in NMDC Ltd and Hdco Ltd, respectively.

 

]]> IndiGo launches offer for its vaccinated passengers https://indiachron.com/business/indigo-launches-offer-for-its-vaccinated-passengers/ Wed, 23 Jun 2021 07:57:54 +0000 https://indiachron.com/indigo-launches-offer-for-its-vaccinated-passengers India’s largest airline by market share, IndiGo, has come up with an exciting offer for its vaccinated customers. The company on Wednesday, June 23, announced up to 10% off on on the base fare while booking. Passengers with partially or fully vaccinated can avail of this offer by visiting the official website of IndiGo: https://www.goindigo.in/.

The official Twitter handle of IndiGo airlines tweeted on Wednesday: “Got vaccinated? Grab this exclusive offer!”

An airline spokesperson said that: “Passengers who have availed the offer at the time of booking shall be required to furnish a valid Covid-19 vaccination certificate, issued by the Ministry of Health & Family Welfare. Alternately, they can display their vaccination status on the Aarogya Setu mobile application at the airport check-in counter/boarding gate.”

Chief strategy and revenue officer of Indigo, Sanjay Kumar said that the aim behind launching this offer is to motivate more to get vaccinated and contribute towards a common national goal. “This offer will not only strengthen their resolve towards vaccination but also ensure that they can travel safely at affordable fares with IndiGo. We are committed to offering an on-time, hassle-free travel experience to our customers, on-board our lean, clean flying machine,” said the officer.

To know more about this offer, click here.

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