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CABINET COMMITTEE ON DIVESTMENT
Rs 18,900 crore wiped off! IDBI Bank shares tumbles 19% in 2 days on divestment jittersIDBI Bank shares plummeted nearly 20% over two days, wiping out Rs 18,900 crore in market value. This decline follows reports that the gove...- Sub-committee for disinvestment formed for sale of PSIDC stake in PACLThe committee of core group of officers on disinvestment, chaired by the chief secretary, has been mandated to give recommendations and sub...
- Air India disinvestment process moving 'expeditiously': GovernmentA group of ministers is in the process of finalising the contours for the proposed strategic stake sale in the national carrier and express...
- Nirmala Sitharaman, Piyush Goyal, Dharmendra Pradhan key members in reconstituted Cabinet committeesNirmala Sitharaman and Piyush Goyal have become part of the cabinet committee on political affairs and cabinet committee on economic affair...
- Government bites the bullet on Air India, gives in-principle approval for disinvestment"The Cabinet today gave an in-principle approval to the divestment of Air India," FM Arun Jaitley announced after the Cabinet meeting today.
- 5% growth target really low: Dr Devendra Pant, India RatingsWe find that the construction sector is expected to slow down from 8.8% in the first half to 3.3% in the second half, says Dr Devendra Pant.
- Govt to offload 10% stake in SCI, co to raise 10% fresh equityThe government today approved selling its 10 per cent stake in SCI and allowed the company to issue fresh equity to the tune of 10 per cent...
- Andrew Yule may defer its Tide Water Oil stake sale planAndrew Yule & Co (AYCL) is likely to put on hold its plans to sell a 26.22% stake in Tide Water Oil.
- CCEA allows Pepsi to keep stake in bottling arms, invest Rs 250 crThe Cabinet Committee on Economic Affairs (CCEA) on Friday gave approval to PepsiCo’s plea for waiver of the mandatory 49% divestment in it...
- Pepsi waiver indicates more liberalised FDI regimeGovernment flagged off PepsiCo's plea for waiver of the mandatory 49% disinvestment in its Indian bottling arms. Pepsi CEO Indira Nooyi in ...
- Cabinet likely to waive 49% divestment clause for PepsiAfter deliberating for over a year, the government may finally flag off PepsiCo’s plea for waiver of the mandatory 49% disinvestment in its...
- CCEA to decide on PepsiCo's divestment plea soonThe Cabinet Committee on Economic Affairs (CCEA) will soon consider PepsiCo’s plea for waiver of the mandatory 49% disinvestment in bottlin...
- GoM to review PSU autonomy planThe long wait of PSUs to get functional autonomy has been prolonged some more.
- Gujarat reaffirms selloff planThe Gujarat government seems to be in no mood to rattle the street, a la Congress-led combine that is seeking to form the government at the...
- Finmin seeks removal of divestment norms for FDI debutThe Finance Ministry has sought the approval of the Cabinet for a policy overhaul which will result in the deletion of the entry-level cond...
- Guj govt hints at selling stake in state unitsThe Gujarat government has decided to withdraw its equity in different state-level undertakings as a strategic measure to make the state's ...
- 'No referendum on sell-off'Divestment Minister Arun Shourie told the Rajya Sabha that the Nalco sell-off will proceed as mandated by the Cabinet Committee on Disinves...
- Disinvestment Ministry seeks guidance on sell-off programmeThe Disinvestment Ministry said on Tuesday that it had moved "appropriate forums" for guidance to bring the divestment process back on the ...
- SCI divestment in limbo, againThe divestment of Shipping Corporation of India (SCI) is now hanging fire after the government decided to seek the views of its alliance pa...
- George writes to PM against oil PSUs' sell-offDifferences within the Vajpayee government over the strategic sale of HPCL and BPCL appeared to be deepening, with defence minister and NDA...
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