Page 3 of Disinvestment

Air India divestment: Govt has not taken any decision so far, says Piyush Goyal

“Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will…

Updated: October 2, 2021 20:21 IST

“Now, strategic disinvestment actually is going to be the primary mode,” Pandey said. This will pave way for more space for private sector to grow businesses while it will also spare the government from frequent capital infusion in PSUs such as public sector banks.

Disinvestment: BPCL, LIC transactions by year-end, strategic sales in focus, says Dipam secretary Tuhin Pandey

LIC initial public offer (IPO) will be the largest IPO in India and one of the large IPOs globally as…

July 29, 2021 03:45 IST

IDBI Bank share price surges 15% on Cabinet’s in-principle nod to strategic divestment

IDBI Bank share price surged 15 per cent to Rs 43.50 apiece in intraday on BSE on Thursday, after the…

May 6, 2021 11:56 IST

LIC IPO can get govt Rs 1 lakh cr, BPCL privatisation another Rs 80,000 cr: CEA KV Subramanian

Paving the way for the much-awaited LIC IPO, the government amended the LIC Act and passed the Finance Bill 2021…

March 27, 2021 16:40 IST

Tata Communications share price falls 7% as govt plans to divest its entire stake via OFS

Tata Communications share price fell as much as 7 per cent to Rs 1,206.30 apiece on BSE on Tuesday, a…

March 16, 2021 11:29 IST

Disinvestment fails to take off this fiscal year; govt manages only 10% of target

The government failed to lift its disinvestment plans off the ground this financial year with sale receipts adding up to…

March 15, 2021 16:11 IST

BSNL, MTNL, Latest News, Disinvestment, Salary,

No Diwali for BSNL-MTNL employees: Unions threaten protest march to PM Modi’s residence; hunger strike

The fate of nearly 1.8 lakh BSNL-MTNL employees hangs in balance as the Modi government mulls over several options.

October 14, 2019 19:59 IST

Privatisation of PSUs is also closely linked to the revival of India’s investment-cycle

PSUs on sale: Workers take to street to protest Modi govt’s privatisation bid

PSU Disinvestment: Central trade unions have opposed the Modi government’s proposal to shutdown the State Trading Corporation and Project &…

September 17, 2019 14:47 IST

PSU Bank Mega Merger, SBI, PNB, Bank of Baroda

Why PSU banks mega merger plan is good despite opposition from trade unions

In the second round of merger, 6 PSU banks will merge with 4 larger banks. The move is aimed at…

Updated: September 4, 2019 22:36 IST

Department of Disinvestment renamed as ‘Dipam’

Finance Minister Arun Jaitley had announced renaming of the Department of Disinvestment in his budget speech for 2016-17.

April 20, 2016 18:20 IST

Govt misses FY16 disinvestment target

Garners Rs 19,514.07 cr through divestment against the Budgetary target of Rs 69,500 cr

Updated: March 30, 2016 01:33 IST

Centre needs Rs 28,000 crore to meet FY16 stake sale target

With less than four months available in the current financial year, the government faces an uphill task in achieving its…

Updated: December 2, 2015 01:29 IST

Oil PSU stake sales get a leg-up; holding company mooted

Anxious to impart momentum to the disinvestment process, the Narendra Modi government is devising ways to expedite the stake sales…

July 21, 2015 01:37 IST

FPI, FII, Market Capitalisation, govt’s disinvestment Plan, Number of ATMs, more

The combined market valuation of nine of the top-10 most valued firms rose sharply by Rs 77,363.23 crore last week,…

July 20, 2015 15:36 IST

aam aadmi party, aap news, aap mlas, aap mla, arvind kejriwal, arvind kejriwal news, tariff hike, delhi discoms hike, Delhi Electricity Regulatory Commission, delhi power crisis, aap govt, india news, delhi news

REC stake sale on Wednesday; govt to get about Rs 1,600 cr

Government will sell 5 per cent stake in Rural Electrification Corporation (REC) on April 8 to mop up close to…

Updated: April 6, 2015 21:21 IST

Editorial: Use divestment well

SJM is right, don’t sell family gold to buy grocery

February 13, 2015 01:45 IST

disinvestment strategy, disinvestment strategy FY16, disinvestment strategy PSUs, disinvestment strategy news, NMDC, Nalco

New disinvestment strategy: Govt to focus on smaller PSUs in FY16

The government is set to revamp its strategy for disinvestment in public sector units, putting more focus…

January 28, 2015 08:29 IST

DoD gears up for PFC & REC stake-sale roadshows

The department of disinvestment (DoD) has started the preparation to conduct roadshows…

January 9, 2015 00:07 IST

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71% of H-1B Visas Go to India, One District Gets 2.5x National Cap

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New income tax rules coming April 1: 5 major changes for common taxpayers

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‘Private credit won’t replace bank credit, ‘ says Kanchan Jain

Banking & Finance2 hr ago

Ascertis Credit has successfully raised $520 million in the first close of Fund IV, with a target of $1 billion by next year. Head of the group, Kanchan Jain, discusses the growth of India’s private credit market and the fund’s plans. While the RBI’s allowance for banks to do acquisition financing may not impact private credit funds, experienced credit managers are needed for large transactions.

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