Disinvestment

IDBI Bank disinvestment: Privatisation likely to be finalised in March, say reports

The IDBI Bank disinvestment process is set to be finalised in March, a report by CNBC TC18 stated while maintaining…

March 10, 2025 15:38 IST

divestment targets, psu disinvestment, psu divestment targets, privatisation,

A strategic pause: Govt is right in avoiding hurried disinvestment, but privatisation as a policy must continue

The apparent rethink on the PSU policy must be seen in the changed global context, where the market has, at…

February 13, 2024 05:00 IST

Going slow on the D-word: The next government must push disinvestments in next fiscal

While the elections are responsible for going slow on future disinvestments, this exercise has been running out of steam during…

January 11, 2024 03:30 IST

Pawan Hans, Pawan Hans privatisation, Pawan Hans disinvestment, Pawan Hans news, aviation sector,

“Winning bidder” Star 9 Mobility disqualified: BPCL, CEL & now Pawan Hans – privatisation plans flounder

After consideration, the Insolvency and Bankruptcy Board of India (IBBI) has filed a complaint against the concerned consortium member in…

July 4, 2023 06:00 IST

Shipping Corporation of India, Shipping Corporation of India privatisation, Shipping Corporation of India disinvestment,

Govt to list SCI’s non-core assets on bourses this month; invite bids for privatisation thereafter

The government has hived off the non-core assets of SCI in a separate company — Shipping Corporation of India Land…

June 11, 2023 11:24 IST

disinvestment, fiscal, disinvestment receipts, nirmala sitharaman, finance minister

Big-ticket disinvestment deals unlikely next fiscal, receipts target for FY24 likely to be around Rs 60,000 crore

The scaling down of the agenda to raise non-debt capital receipts via this route is in recognition of the fact…

January 10, 2023 05:30 IST

IDBI Bank, IDBI Bank sale, IDBI Bank privatisation, sebi on IDBI Bank sale,

Changes make IDBI Bank sale smoother: Relaxed listing norms to give a leg up to CPSE privatisation

Buyer to get more time to meet public float norm

December 16, 2022 01:15 IST

Earlier this year, they had put forward a proposal for merging the company with the state-owned Steel Authority of India Ltd (SAIL), but the Finance Ministry rejected the idea citing the New Public Sector Enterprise (PSEs) policy.

Govt working out transaction structure of RINL strategic sale: DIPAM Secy

“The in-principle approval is there. We are going forward in working out the transaction structure,” the Department of Investment and…

December 9, 2022 17:53 IST

Coal India stake sale in offing: Govt may sell 5-10% equity in CIL, Hindustan Zinc, other PSUs via OFS

The government is looking to sell 5%-10% in Coal India Ltd., Hindustan Zinc Ltd., Rashtriya Chemicals and Fertilizers Ltd. via…

November 25, 2022 13:26 IST

HZL residual stake, Hindustan Zinc, Hindustan Zinc sale

Part of HZL residual stake to be sold in FY23, says Pandey

While Dipam is trying to mobilise as much as possible from disinvestment of government equity in many CPSEs and other…

October 13, 2022 05:50 IST

The Expression of Interest (EoI) for selling SAIL's 100 per cent stake in Visvesvaraya Iron and Steel Plant (VISP), Bhadravathi in Karnataka, was invited on July 2019.

Govt scraps SAIL’s Bhadravathi steel plant privatisation

The Department of Investment and Public Asset Management (DIPAM) said multiple EoIs had been received and qualified bidders had conducted…

Updated: October 12, 2022 18:52 IST

Two Jaypee Group firms to divest their cement businesses

The board of Jaiprakash Power Ventures Ltd (JPVL) has also “decided to divest company’s Nigrie Cement Grinding Unit as well…

October 10, 2022 15:20 IST

privatisation, disinvestment, cpse, privatisation of cpse,

Push to privatisation: Now, CPSEs need ministerial panel’s nod to to sell units to state govts, other PSEs

The move will give a fillip to the government’s new public sector enterprises policy to unlock capital, which is either…

September 16, 2022 04:30 IST

IDBI Bank sale, IDBI Bank, IDBI Bank privatisation, IDBI Bank disinvestment

IDBI Bank sale to herald PSB privatisation: Tuhin Kanta Pandey

EoI for strategic disinvestment of the lender soon

September 15, 2022 01:45 IST

psb, banking sector, banking privatisation, psb privatisation,

Former RBI governor D Subbarao suggests 10-year road map for privatisation of all public sector banks

The former RBI governor observed that at India’s current stage of development, the country should be using other instruments to…

September 7, 2022 17:54 IST

Pawan Hans, Pawan Hans sale, Pawan Hans privatisation, Central Electronics, Central Electronics sale,

Govt drops plan to sell Pawan Hans, Central Electronics

Questions on the integrity of winners forced govt’s hand

August 29, 2022 02:00 IST

privatisation of banks, rbi on privatisation of banks, rbi paper on privatisation of banks

RBI paper wants gradual privatisation of banks

Although private banks have been making some inroads in rural areas, their progress remains slow. For example, PSBs’ share in…

August 19, 2022 06:10 IST

The subsequent record has been mixed, at best, and economic reform has included gradually making room for private sector banks, while trying to strengthen public sector banks through structural reforms.

Privatising India’s banks

The case for privatising the public sector banks is ultimately a case for economic development

July 23, 2022 04:15 IST

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NIA arrests Faridabad man who gave shelter to Red Fort bomber; 7 arrests made so far

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The NIA has made progress in the Red Fort bombing case by arresting a Faridabad resident, Soyab, who aided the main accused. This has helped the agency understand the larger network involved in the bombing. The investigation has expanded to multiple states and the NIA is determined to uncover all those involved in the conspiracy.

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