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MODI GOVERNMENT DISINVESTMENT
Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...- Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
- IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
- Independence Day 2026: The companies India built for business backbone enter a new chapter2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...
- Hindustan Lifecare bidding: Preventing participation is against cooperative federalism, says Pinarayi VijayanPreventing a state government from participating in an open bidding process would not be in accordance with the principles of cooperative f...
- 'Preventing' participation in HLL bidding against cooperative federalism, Kerala tells CentreIn his brief letter, Vijayan pointed out that he had already sent a letter in June, 2017 requesting the Centre not to proceed with the priv...
- 69-year-old 'wrong step' of nationalisation of private airlines has been corrected: Jyotiraditya ScindiaThe government formally handed over the airline to Tata Group at a ceremony held in the national capital on Thursday.
- Two things about Modi's LIC move leave many MPs curiousThe FM said in her budget speech that the govt proposes to sell a part of its holding in LIC through an IPO.
- Government raises Rs 2.79 lakh crore through divestment in last 5 yearsThe Minister said that the government follows a policy of disinvestment through minority stake sale and strategic disinvestment. So far, th...
- MMTC, BHEL, Hind Copper, CIL, NTPC, NMDC on first short list for disinvestmentIn the Union Budget for financial year 2018-19, the government had set a disinvestment target of Rs 80,000 crore.
- Government has done what it had to with 'utmost sincerity' for Air India: PM ModiThis is also the first time that the prime minister has commented on Air India after the disinvestment proposal failed to take off in May.
- FY18 disinvestment receipts exceed Rs 1 lakh crore: Arun JaitleyCollection for the current fiscal exceeded the revised target set by the Narendra Modi-led government in its last full year Budget presente...
- Govt may meet fiscal deficit target: SBISBI's assertion comes at a time when many economists fear that the government may have to compromise on its fiscal deficit target for the f...
- Government mulls leasing out airports, ports and other infrastructure assets to private operatorsNiti Aayog, the government's think tank, will prepare a list of projects that can be offered to the private sector and move a note for disc...
- Jobs at stake as Narendra Modi considers strategic sales across IndiaWhile gross domestic product grew at one of the fastest paces in the world over the last two years, employment creation was the slowest on ...
- Supreme Court asks Centre to maintain status quo on Hindustan Zinc disinvestmentA bench led by Chief Justice of India T S Thakur said that it wasn't standing in the government's way in any further disinvestment.
- Finance Minister Arun Jaitley to hold review meeting on PSU disinvestmentAs regards strategic stake sale on PSU, Jaitley had earlier indicated that the first such sale could come from PSUs under tourism ministry.
- Need to be vigilant as NDA in disinvestment mode: CongressWith Modi govt signalling to hasten disinvestment, Cong said they should be extremely vigilant while claiming that there was "undervaluatio...
- Divestment target may be hit if Narendra Modi revives public sector undertakingsNarendra Modi's emphasis on strong public sector units in Gujarat means the incoming prime minister may choose to revive state-run companie...
- Narendra Modi euphoria on Sensex? Indian investors are selling, FIIs buyingThose who can vote are quitting the market, while those who cannot vote — the FIIs — are getting in. This is not exactly voter euphoria.
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