disinvestment

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

BHEL shares surge 22%, highest in decade on government stake sale plans

BHEL shares surge 22%, highest in decade on government stake sale plans

Mumbai: Heavy electrical equipment maker Bharat Heavy Electricals Ltd(BHEL) on Friday gained over 22 per cent on the BSE over reports tha...Read More

RSS not opposed to disinvestment, FDI; slams ‘fuss’ about slowdown: Bhagwat

RSS not opposed to disinvestment, FDI; slams ‘fuss’ about slowdown: Bhagwat

Nagpur: "Too much discussion" about the "so-called" economic slowdown is unwarranted as it makes businesses and people wary and leads to ...Read More

BPCL shares plunge over 4.5% as govt clears way for privatisation

BPCL shares plunge over 4.5% as govt clears way for privatisation

New Delhi: Shares of BPCL fell over 4.5 per cent on Monday after the government repealed the legislation that had nationalised the compan...Read More

'RBI may have to pay interim dividend to support Government resources'

'RBI may have to pay interim dividend to support Government resources'

Mumbai: The government should garner more revenues from disinvestments given that now the stock market is up, and additionally the RBI ma...Read More

Govt may sell its entire stake in BPCL, CONCOR, SCI

Govt may sell its entire stake in BPCL, CONCOR, SCI

New Delhi: In line with its disinvestment target, the government may soon move a cabinet note for strategic sale of its stake in major pu...Read More

Govt mulls privatising BPCL, may sell stake to foreign company: Sources

Govt mulls privatising BPCL, may sell stake to foreign company: Sources

New Delhi: The government is exploring the option of privatising the country’s second-largest public sector refiner Bharat Petroleum Corp...Read More

It's official, 23 PSUs up for strategic disinvestment

It's official, 23 PSUs up for strategic disinvestment

The Finance Ministry informed Parliament on July 22 that in 2018-19, the proceeds from disinvestment were Rs 84,972 crore.

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