DIPAM may look at sale of smaller CPSEs to meet FY21 disinvestment targetAs the fallout of the pandemic has impacted stock market valuation of companies, an official said the Department of Investment and Public A...
23 Apr, 2020, 05.49 PM IST
Economic Survey: A Temasek-like model to put divestment on aggressive trackIn the model, the government can transfer its stake in the listed CPSEs to a separate corporate entity which would be managed by an indepen...
31 Jan, 2020, 03.18 PM IST
Government may cut stake in state-run companies to 49%The firms in which govt is likely to pare its stake include NTPC, Steel Authority of India among others.
08 Jul, 2019, 07.43 PM IST
Budget 2019: Decks cleared for big-ticket salesLast year, the government raised Rs 85,0000 crore from selling assets such as Coal India Ltd. and Bharat Heavy Electricals Ltd.
06 Jul, 2019, 12.02 AM IST
Budget 2019: Disinvestment target for FY20 raised to 1,05,000 croresthe FM said that in the current environment the government will re-initiate strategic disinvestment not only for Air India but for other CP...
05 Jul, 2019, 12.41 PM IST
Big shift in disinvestment policy: Plan to privatise profitable CPSEs in worksNiti Aayog may be told to draw up a list of non-strategic blue chip companies for sale.
11 Jun, 2019, 06.57 AM IST
Government wants CPSEs to exit loss-making state-level entitiesIt is set to review these investments as part of a restructuring exercise to ensure that these CPSEs are not saddled with unrelated venture...
14 May, 2019, 06.57 AM IST
Cabinet clears procedure, mechanism to monetise enemy properties, CPSE's non-core assetsEnemy property refers to the assets which were left behind by people who migrated to Pakistan or China and are no longer citizens of India.
28 Feb, 2019, 11.04 PM IST
Finance Ministry may transfer 5 sick CPSE shares to SNIF fund to meet Sebi normThese companies have time till August 21 to meet the 25 per cent public shareholding norm.
10 Jun, 2018, 10.51 AM IST
Divestment: Some profitable PSUs too may be put on the blockThe Niti Aayog has already recommended a list of 23 PSUs for privatisation which are being looked at by the Department of Investment and Pu...
25 Dec, 2017, 07.02 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
CPSEs asked to draw up plans to monetise assetsAn executive with Power Grid Corp said that the state-run firm will soon appoint consultants to look at monetizing its operational transmis...
27 May, 2016, 04.34 AM IST
Government raises Rs 8,152 crore via NTPC bonus debenture sale to EPFODisinvestment in central public sector enterprises (CPSEs) is undertaken as per the extant disinvestment policy of the government, Minister...
03 May, 2016, 06.36 PM IST
Centre to consider suggestions on disinvestment, winding up NIFThe commission noted that there is considerable merit in the union government dispensing a small share of proceeds of disinvestment to the ...
25 Feb, 2015, 05.06 AM IST
- Profit-making CPSEs to give minimum 20% dividend
Profit-making central public sector enterprises (CPSEs) are required to declare a minimum dividend of 20 per cent of post tax profits.
29 Mar, 2012, 05.38 PM IST
- Budget 2012: Government targets Rs 30,000 cr from disinvestment proceeds in FY'13
"In 2011-12, as against a target of Rs 40k cr, the govt will raise about Rs 14k cr from disinvestment. For 2012-13, I propose to raise Rs 3...
16 Mar, 2012, 06.23 PM IST
- Centre gets over Rs 51K cr from divestment
The govt has mopped up Rs 51,600 cr by divesting its stake in CPSEs and strategic sale of PSUs. Analysts' Picks I Penny-pinching ideas for ...
24 Nov, 2007, 01.20 PM IST