disinvestment

Government gets Rs 32,835 crore from disinvestment in FY21

Government gets Rs 32,835 crore from disinvestment in FY21

The Centre has received a total of Rs 32,825 crore through disinvestment in the financial year 2020-21.As the disinvestment processes wer...Read More

BHEL share down by 8.15%, priced at Rs 40 per piece due to losses in Q3 and disinvestment report

BHEL share down by 8.15%, priced at Rs 40 per piece due to losses in Q3 and disinvestment report

State-run BHEL tanked over 8 per cent on Monday. The two factors that impacted this stock are the disinvestment report and also over a c...Read More

BHEL, Mecon, Andrew Yule and Co. among others likely candidates for disinvestment

BHEL, Mecon, Andrew Yule and Co. among others likely candidates for disinvestment

The government is considering selling stakes in public sector undertakings BHEL, Mecon, and Andrew Yule and Co., stated a news report. Wh...Read More

Budget 2021: Insurance sector budget announcements presages deal activity

Budget 2021: Insurance sector budget announcements presages deal activity

At the beginning, expectations had been geared towards the taxation front in the insurance sector e.g. bring parity between pension prod...Read More

Disinvestment: Rashtriya Ispat Nigam Ltd (RINL) strategic sale gets Cabinet nod

Disinvestment: Rashtriya Ispat Nigam Ltd (RINL) strategic sale gets Cabinet nod

The Union Cabinet has cleared the privatisation of steel-maker Rashtriya Ispat Nigam Ltd (RINL), DIPAM Secretary Tuhin Kanta Pandey twee...Read More

Budget 2021: India’s disinvestment plans are positive; the focus should be on implementation

Budget 2021: India’s disinvestment plans are positive; the focus should be on implementation

During the budget 2021, finance minister Nirmala Sitharaman announced Rs 1.75 lakh crore disinvestment plan. This is a positive move, st...Read More

BEML share surged nearly 8% as govt invites preliminary bids

BEML share surged nearly 8% as govt invites preliminary bids

And the interested bidders who meet the requirements as per the preliminary information memorandum may submit their EOIs on or before 5 p...Read More

Centre extends deadline for expression of interest for proposed Air India disinvestment

Centre extends deadline for expression of interest for proposed Air India disinvestment

The earlier last date for expression of interest, as per the seventh corrigendum issued on June 25, 2020, was till 5 pm on August 31.

Need to move fast on disinvestment decisions: Nirmala Sitharaman

Need to move fast on disinvestment decisions: Nirmala Sitharaman

As the government's mega disinvestment plans have slowed down amid the pandemic, Finance Minister Nirmala Sitharaman on Tuesday said that...Read More

Disinvestment secretary tests COVID-19 positive

Disinvestment secretary tests COVID-19 positive

Disinvestment secretary Tuhin Kanta Pandey has been tested positive for COVID-19 and is under home quarantine, according to sources. Pand...Read More

Deadline for Central Electronics disinvestment deferred to May 16

Deadline for Central Electronics disinvestment deferred to May 16

The government has extended the deadline for submitting the expression of interest for 100% stake divestment in Central Electronics Ltd t...Read More

Govt postpones strategic sale of BPCL by a month due to COVID-19

Govt postpones strategic sale of BPCL by a month due to COVID-19

The government has postponed strategic disinvestment process of country's second biggest oil refiner and retailer Bharat Petroleum Corpo...Read More

Govt raises Rs 11,500 cr through strategic sale of THDC, NEEPCO to NTPC

Govt raises Rs 11,500 cr through strategic sale of THDC, NEEPCO to NTPC

The government has raised Rs 11,500 crore through strategic sale of two state-run power companies, THDC and NEEPCO, to NTPC.

FPJ Edit: At last, hope for Air India sell-off

FPJ Edit: At last, hope for Air India sell-off

As the end of the financial year nears, and the Government is nowhere near mopping up even a small fraction of the Rs 1.05 lakhs it had b...Read More

BPCL divestment is like killing the golden goose, says Congress

BPCL divestment is like killing the golden goose, says Congress

Kochi: Leading a long march here on Monday, Leader of Opposition in Kerala Assembly Ramesh Chennithala slammed Prime Minister Narendra Mo...Read More

Value BPCL assets in 50 days: Govt tells asset valuer

Value BPCL assets in 50 days: Govt tells asset valuer

New Delhi: In part indication of timelines for privatisation of India's second biggest state oil refiner, the government has set a 50-day...Read More

Disinvestment for dummies: Why Nirmala's announcement is a big-step forward for the Modi govt

Disinvestment for dummies: Why Nirmala's announcement is a big-step forward for the Modi govt

The stake sales are critical for the government to meet its disinvestment target of Rs 1.05 lakh crore set for the current fiscal year

Union Cabinet gives go-ahead to biggest privatisation drive; to sell stake in BPCL, SCI, Concor

Union Cabinet gives go-ahead to biggest privatisation drive; to sell stake in BPCL, SCI, Concor

On Wednesday, the Union Cabinet approved sale of government's stake oil firm BPCL, shipping firm SCI and onland cargo mover Concor as wel...Read More

Air India employee unions to oppose privatisation plans

Air India employee unions to oppose privatisation plans

New Delhi: Employee unions at Air India on Wednesday decided to oppose privatisation of the airline as there is still no clarity on vario...Read More

Former RBI Deputy Governor speaks out, suggests remedial measures for Indian economy

Former RBI Deputy Governor speaks out, suggests remedial measures for Indian economy

New York: The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urg...Read More

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