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DISINVESTMENT TARGET INDIA
Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- GDP growth momentum intact, no need for additional borrowing so far: Govt sourcesIndia's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth m...
- Rs 1 lakh to Rs 14 crore in 24 years! Hindustan Zinc delivers 1,400x returns since Vedanta’s purchaseHindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- Monitoring monetisation targets: A scalable InvIT approachFacing fiscal challenges, the government can leverage Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs) t...
- Consumption sustaining growth; predictable support essential for GDP expansion: FMUnion Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...
- Dent in India’s aggressive privatisation plans is not unsettling New Delhi’s ambitionMost experts have termed the disinvestment targets as conservative. ICICI Research said the disinvestment targets are softer than anticipat...
- India government must set moderate divestment targets, says DIPAM secretaryThe Indian government has set a 650 billion rupee ($7.89 billion) divestment and privatisation target for 2022/23, out of which it raised 2...
- FY23 disinvestment receipts pegged at Rs 65K cr; receipts for current year cut to Rs 78K crThe government's receipt from disinvestment proceeds in the next financial year beginning April have been pegged at Rs 65,000 crore, lower ...
- With LIC IPO in sight, can government meet divestment target for FY22?It is estimated that LIC IPO could fetch nearly Rs 1 lakh crore.
- Govt may miss tax, disinvestment mop-up targets this fiscal due to coronavirusFor an economy where GDP has already slowed down to an 11-year low, coronavirus has made matters worse.
- Disinvestment proceeds to be used for creating infrastructure for country: FM Nirmala Sitharaman"We are showing the direction. We are telling you where the money is going to be spent so that you can plan your investments and your inves...
- Big push for disinvestment likely to bridge fiscal deficitThe government is expected to go full throttle on disinvestments in BPCL, SCI among others
- Big push for disinvestment likely to bridge fiscal deficitOfficials were hopeful of meeting the new target of Rs 2.1 lakh crore in the next financial year, which is double that of the current fisca...
- Top-heavy AI to hire 10 more directorsThe recruitments would increase the number of EDs in the airline. “AI already has about 20 EDs, out of which six EDs who retired have been ...
- No plan to divest stake in BSNL, Air India: GovernmentNotably, both the firms have been running into losses for several years and their employees have been protesting against any move to privat...
- Government to go ahead with Coal India disinvestment: P ChidambaramThe government will go ahead with the 10 per cent stake sale of Coal India, which may fetch Rs 20,000 crore to the exchequer.
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