disinvestment

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New Delhi: Shares of BPCL fell over 4.5 per cent on Monday after the government repealed the legislation that had nationalised the compan...Read More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

Higher disinvestment, dividend target may strain credit profiles of CPSEs: S&P

Higher disinvestment, dividend target may strain credit profiles of CPSEs: S&P

The Budget 2019-20 has set a disinvestment target of Rs 1.05 lakh crore, while Rs 57,487 crore is expected to come from central public se...Read More

Centre to go ahead with disinvestment process of Air India: Ministry of Civil Aviation

Centre to go ahead with disinvestment process of Air India: Ministry of Civil Aviation

The AISAM, which is basically a Group of Ministers (GoM), has to be reconstituted as Arun Jaitley and Suresh Prabhu are no longer ministe...Read More

Govt sells ‘enemy properties’ worth Rs 1,874 cr in April

Govt sells ‘enemy properties’ worth Rs 1,874 cr in April

New Delhi: In a first, the government has sold ‘enemy properties’ worth Rs 1,874 crore in April, as it seeks to fast-track the sale proce...Read More

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Govt raises `46,247 cr from PSU stake sale

New Delhi : The government has raised a record Rs 46,247 crore through disinvestment, of which Rs 10,779 crore has come from strategic di...Read More

Scooters India may be put on the block

Scooters India may be put on the block

New Delhi, Heavy Industries Ministry is likely to seek Cabinet approval for “strategic disinvestment” of loss making automaker Scooters I...Read More

Will not cut govt stake in power PSUs below 51 pc: Goyal

Will not cut govt stake in power PSUs below 51 pc: Goyal

New Delhi: Supporting Finance Ministry’s disinvestment plan for public sector undertakings, Union Minister Piyush Goyal has said his mini...Read More

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Policy for strategic sale in place; PSUs to sell idle assets

New Delhi : With the disinvestment target set to be missed for the 16th time in 25 years, government on Monday proposed to revive strateg...Read More

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Secy: Strategic sale will not be confined to loss making PSUs

New Delhi:  The government will soon come out with a policy on strategic sale of state-owned companies and the disinvestment will not be ...Read More

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