Here are the key divestment and IPO announcements Nirmala Sitharaman made in her Budget 2021Nirmala Sitharaman said CPSEs in all but four sectors will be eventually privatised. It was also announced that the IPO of LIC will be brou...
02 Feb, 2021, 01.46 PM IST
FY20 disinvestment mop-up at Rs 50,298 crore, govt misses RE targetIn the Budget 2019-20, disinvestment revenue was pegged at Rs 1.05 lakh crore.
31 Mar, 2020, 06.53 PM IST
Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETFThe issue is likely to open for anchor investors on January 30.
23 Jan, 2020, 04.36 PM IST
Govt working on tax sops for retail investors in CPSE, Bharat-22 ETFRetail investors would be given an option to enjoy tax breaks just like in ELSS mutual funds.
30 Jun, 2019, 11.37 AM IST
10 PSU IPOs lined up next fiscal: DIPAM SecyIn the 10 months of the current fiscal so far, Rs 36,000 crore has been raised through stake sale in CPSEs.
02 Feb, 2019, 03.39 PM IST
PSU share sale hits record high of Rs 77,417 crore in 2018The BJP-led NDA continues to shy away from the outright sale of bluechip state firms to the private sector.
01 Jan, 2019, 11.49 AM IST
'Government may cross Rs 45.5K crore divestment target this fiscal'The government has so far raised about Rs 30,000 crore through minority share sale by way of OFS, share buyback and CPSE ETF so far in the ...
21 Feb, 2017, 01.27 AM IST
- CPSE ETF oversubscribed 2-times, gets bids worth Rs 12,000 crore
The issue saw all round participation from investors, with retail buyers who were offered a 5 per cent discount, putting in bids for over R...
20 Jan, 2017, 08.13 PM IST
Rs 21,400 crore raised via CPSEs' disinvestment, 60% of fiscal targetDuring 2015-16, the government could manage to meet less than half the budget estimates of divestment at Rs 25,312 crore, as against the ta...
03 Jan, 2017, 03.54 PM IST
Government seeks legal advisers to sell Oil India Ltd and Engineers India Ltd stakesJaitley has set a target of raising about Rs 69,500 crore by selling shares in state-run companies and minority holdings in private compani...
03 Jul, 2015, 10.38 PM IST
Minimum investment for CPSE ETF to be cut as DoD plans revampThe Disinvestment Department is working on revamping the existing CPSE ETF to make it retail investor friendly by reducing the minimum inve...
12 Apr, 2015, 04.42 PM IST
Government may come up with more ETFs after sound response to CPSEThe new fund offer, which was closed on March 24, has mopped up bids worth around Rs 4,400 crore against the government target of raising R...
04 Apr, 2014, 01.48 PM IST
CPSE ETF a big draw with investors, has a host of structural positives: Goldman Sachs IndiaWe are targeting the CPSE ETF to be listed on April 4, 2014, subject to completion of prerequisite activities, says Sanjiv Shah.
03 Apr, 2014, 04.00 AM IST
ETF of 10 PSUs on Tuesday; to help government meet disinvestment targetAs per the revised estimates in the Interim Budget 2014, the disinvestment target was lowered to Rs 16,027 crore in this financial year fro...
16 Mar, 2014, 11.23 AM IST
Government hopeful of achieving revised disinvestment target during the current fiscalThe government is hopeful of achieving its revised target of Rs 16,000 crore from disinvestment during the current fiscal, a top govt offic...
14 Mar, 2014, 06.31 PM IST
- Government authorises NIF to buy shares of PSUs
The NIF will also be used to recapitalise PSU banks and public sector insurance companies, an official release said.
17 Jan, 2013, 03.31 PM IST
- ICICI Securities to advise govt for public sector ETFs
The Department of Disinvestment has selected ICICI Securities to act as its adviser to create and market the proposed central public sector...
26 Oct, 2012, 09.44 PM IST