
The scaling down of the agenda to raise non-debt capital receipts via this route is in recognition of the fact…
Buyer to get more time to meet public float norm
“The in-principle approval is there. We are going forward in working out the transaction structure,” the Department of Investment and…
The government is looking to sell 5%-10% in Coal India Ltd., Hindustan Zinc Ltd., Rashtriya Chemicals and Fertilizers Ltd. via…
While Dipam is trying to mobilise as much as possible from disinvestment of government equity in many CPSEs and other…
The Department of Investment and Public Asset Management (DIPAM) said multiple EoIs had been received and qualified bidders had conducted…
The board of Jaiprakash Power Ventures Ltd (JPVL) has also “decided to divest company’s Nigrie Cement Grinding Unit as well…
The move will give a fillip to the government’s new public sector enterprises policy to unlock capital, which is either…
EoI for strategic disinvestment of the lender soon
The former RBI governor observed that at India’s current stage of development, the country should be using other instruments to…
Questions on the integrity of winners forced govt’s hand
Although private banks have been making some inroads in rural areas, their progress remains slow. For example, PSBs’ share in…
The case for privatising the public sector banks is ultimately a case for economic development
The Bill proposes to “effect amendments in Banking Companies (Acquisition and Transfer of Undertakings) Acts, 1970 and 1980 and incidental…
The general perception is that PSUs are much worse than private-sector peers in terms of operational efficiency, profitability and market…
On March 31, 2022, the government had floated a preliminary information memorandum (PIM) to disinvest FSNL, through strategic sale along…
For each PSE earmarked for privatisation, issues that may impact investor appetite need to be anticipated and resolved much before…
Highlighting that public sector enterprises which were privatised between 1994 and 2004 are being driven by professionally run boards, the…
Currently, there are about 380 PSEs (including subsidiaries), 20-30% of which may be closed for being sick or unviable. The…
Dipam says useful productive assets to remain locked if such deals are allowed
While Sebi’s recently proposed amendment to the takeover Code will incentivise disinvestment, the cumbersome process itself has not been addressed
Steel firms looking to expand capacity, particularly in long products, may find the port-based unit attractive, said a senior government…
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