India's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...

State Bank of India is bolstering its capital base through a ₹25,000 cr QIP and a ₹20,000 cr bond issue, totaling ₹45,000 cr. This move aim...

Budget 2024: Disinvestment since reforms has earned Rs 4.28 lakh cr, facing valuation challenges and easy targets. ETFs drove success, but ...

RBI came into this windfall because of high interest rates in advanced economies, which may persist before an eventual cyclical inversion. ...

A reappraisal of PSUs, however, could slow the longer trend of GoI getting out of business. And it needs to filter out the temporary effect...

Finance Secretary TV Somanathan signaled a shift, stating the government no longer sees disinvestment solely for budget balancing. This ref...

First and most important, ~27% of the average divestment proceeds in FY18-19 was achieved through CPSE to CPSE sale - a transaction where s...

NISP is in the process of being demerged from NMDC into a separate company NMDC Steel Ltd (NSL). Subsequent to demerger, shares of NSL will...

Expressions of Interest (EoIs) from likely bidders will be invited on October 7, said the Department of Investment and Public Asset Managem...

Much of the stress in the Indian banking system has been identified as arising from government ownership. Regulation has been fractured wit...

The health of Oriental Insurance has slipped due to deficient governance and poor underwriting discipline, warranting full-time attention o...

By broadening the pool of retail investors in LIC's initial public offering (IPO), GoI could revive a stalled disinvestment programme that ...

The department Friday clarified that government and LIC of India intend to sell their full stakes, with an open offer also possible as per ...

The mandate received from Cabinet Committee on Economic Affairs is to off-load upto 100 per cent stake of government and LIC along with tra...

GoI’s recent move on coal and railways is an interesting shift in strategy, especially if it is part of an overarching exercise to remove a...

The intention can be announced today, and a time-bound divestment should be carried out in the open markets.

Bidders' activities need to be watched to ensure that India does not bring back the monopoly GoI had sought to break from the 1990s through...