Coal India board okays SECL, MCL stake saleCoal India's board has approved the divestment of up to 25% equity in SECL and MCL through an offer for sale. The company will also pursue ...
24 Mar, 2026, 06.15 AM IST
Budget 2024: Sitharaman cuts FY24 divestment target to Rs 30,000 cr, FY25 target at Rs 50,000 crBUDGET ANNOUNCEMENT: Finance Minister Nirmala Sitharaman has revised divestment target for FY24 and set a new one for FY25. Government is l...
01 Feb, 2024, 01.28 PM IST
Budget 2024: Modest divestment targets seen for FY25, medium termThe latest review of the divestment process is spurred by the delay in privatisation bids as the strategic sale process remains time-consum...
11 Jan, 2024, 08.03 AM IST
DIPAM confident of meeting Rs 51,000 crore selloff target for FY24The Department of Investment and Public Asset Management or DIPAM secretary Tuhin Kanta Pandey termed the FY24 budgeted estimate for disinv...
04 Feb, 2023, 12.35 AM IST
Union Budget 2023-24: Divestment target pegged at Rs 51,000 croreThe Indian government expects to raise Rs 51,000 crore from stake sales in various state-run companies, budget documents released on Wednes...
01 Feb, 2023, 02.23 PM IST
Budget 2023: India set to opt for a conservative divestment target for FY24Kotak Institutional Equities believes the government would look to raise money by divesting further stakes in Life Insurance Corporation, S...
19 Jan, 2023, 10.40 AM IST
Govt receives Rs 3,839 crore from sale of Axis Bank shares: OfficialWith this sale, India has mopped up Rs 28,380 crore in divestment receipts, against the target of Rs 65,000 crore for 2022/23
16 Nov, 2022, 07.44 PM IST
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.
29 Dec, 2021, 12.01 PM IST
Divestment target for FY21 higher than the past five-year receiptsFor the current fiscal, the government has set a target of Rs 1.05 lakh crore, however it has managed to collect a mere amount of Rs 18,095...
01 Feb, 2020, 03.50 PM IST
Tech Mahindra divests 73.38% stake in subsidiary to US-based Resolve Systems for $2 millionThe transaction is expected to be completed by November 15, 2019.
18 Aug, 2019, 04.30 PM IST
Disinvestment receipts beat targetAs against a target of Rs 80,000 crore for disinvestment for the current year, the divestment receipts have touched Rs 85,000 crore today.
23 Mar, 2019, 07.49 AM IST
FY18 divestment receipts exceed revised budgetary target of Rs 1 lakh crore: Arun Jaitley“Disinvestment receipts for FY 2017-18 exceeded Rs 1 lakh crore which is higher than the figure of last year at Rs 46, 250 crore,” he tweet...
29 Mar, 2018, 06.52 AM IST
Sun-Ranbaxy $4 billion merger completedSun Pharmaceutical Industries today said merger of Ranbaxy with itself has been 'consummated' following receipt of requisite approvals.
24 Mar, 2015, 06.19 PM IST
Immediate sharp increase in diesel prices needed: Ajay Bodke"A sharp increase in diesel prices is needed to ensure that the fiscal health does not further deteriorate."
30 Aug, 2013, 11.09 AM IST
- BP plans to sell package of UK oil, gas fields
BP says it plans to sell stakes in several U.K. oil and gas fields in order to focus its resources and investment on other parts of the Nor...
22 Feb, 2011, 06.52 PM IST
- What is fiscal deficit?
Conceptually, we can think of the fiscal deficit as a measure of the extent to which a government is spending beyond its means. In precise ...
09 Feb, 2004, 12.48 AM IST
- Rs 12,000-cr target missed
Briefing reporters after the meeting of the Cabinet Committee on Disinvestment, Disinvestment Minister Arun Shourie told reporters that the...
08 Sep, 2002, 12.53 AM IST