PSU divestment
Foreign investors may stay away from share market for few quarters; divestment may be a challenge | INTERVIEW
Up until the recent wave two of Covid-19, India was seen as an oasis of stability and potential relatively higher growth, and hence incremental FII flows were coming our way.
Govt may attain up to 90% of FY22 disinvestment target on strong liquidity
Acquisition of assets in PSUs is not likely to be a seamless experience for potential investors given continued uncertainties like labor issues and governance structures.
Key Budget proposals effective from new fiscal 2021-22: Income tax rules, dividend relief, privatisation, more
The new financial year has started From April 1, 2021, and with it, rules and announcements made by Finance Minister Nirmala Sitaraman in the Union Budget 2021-22 have come into effect.
Sanjiv Bhasin’s top trading ideas for next quarter: Bet on select IT, bank stocks as yields rise | INTERVIEW
Indian share market benchmarks BSE Sensex and Nifty 50 have tumbled over 7 per cent from the all-time highs touched in mid-February 2021.
Bank branches closed for next 4 days; SBI, other PSU banks may get hit as unions strike on March 15-16
Bank branches may remain closed for the next four days, including a two-day weekend holiday, and a two-day planned strike beginning Monday.
Time has come for 5-year plan to privatise PSUs & a separate ministry reporting to the PM to ensure it happens
For listed PSUs, FIIs could be allowed to purchase shares so that listing in international stock exchanges does not become necessary
TCS, ICICI Bank, other must-have stocks: Time to rejig investment portfolio post Budget 2021? INTERVIEW
Investment advisor Sandip Sabharwal tells that the biggest driver of the markets now is easy liquidity which needs to be monitored.
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 & Equipment Corporation.
PSU disinvestment: Small sell-offs from April; Narendra Modi govt’s strategic sales policy in few months
While government's disinvestment receipts have been pegged at Rs 41,000 crore, strategic disinvestment is estimated to yield Rs 28,500 crore next fiscal.
Record Coal India share sale boosts Narendra Modi government’s privatisation drive
In the biggest-ever disinvestment, 10 pct stake sale in Coal India was over-subscribed fetching the govt about Rs 22,600 cr...
Govt likely to retain Rs 65K cr divestment target in FY16
At present, state-owned firms have to have a mandatory 10 pct public float and it is estimated that there are at least 30 PSUs where govt shareholding is more than 75 pct.
Major disinvestments on the way to bridge fiscal deficit, says FM Arun Jaitley
While the government’s disinvestment target is Rs 58,425 crore for this fiscal, it had raised around Rs 1,700 crore...
Narendra Modi sell-off drive stalls, more Indian spending cuts on way
India will fall well short of its $9.5 bn privatisation target this year, despite big market rally that has attracted foreign investors
