On PSUs, GoI has taken the right callFinance Secretary TV Somanathan signaled a shift, stating the government no longer sees disinvestment solely for budget balancing. This ref...
04 Feb, 2024, 11.04 PM IST
Budget 2024: India's divestment target could be its lowest in nine years, say sourcesInterim Budget 2024: India may set a lower divestment target for state firms in fiscal 2024-25, falling short of this year's goal to be the...
01 Feb, 2024, 06.47 AM IST
Disinvestment fetches over Rs 4.20 lakh cr in 10 years but target to be missed again in FY24Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are ...
25 Dec, 2023, 11.30 AM IST
Sebi proposes to ease pricing norms for PSU divestmentsIn a discussion paper released on Friday, the capital markets regulator said the 60-day rule for discovering the open offer price could be ...
26 Mar, 2022, 06.44 AM IST
LIC IPO augurs very well for govt’s credibility: Sridhar Sivaram“We will see how the market you know reacts to it and what sort of valuation just got embedded. We are still awaited and this is a sector w...
14 Feb, 2022, 03.00 PM IST
Disinvestment-bound companies in spotlight, more names likely to be addedAnalysts expect that the divestment targets for the new financial year are likely to be elevated, though a lot will depend upon the propose...
27 Jan, 2022, 11.39 AM IST
Govt may miss revised FY20 divestment target by Rs 15,000 croreThe government had earlier revised its divestment target for FY20 to Rs 65,000 crore from Rs 1,05,000 crore.
05 Mar, 2020, 01.47 PM IST
Big share sale target in FY21? AI, BPCL, CCRI plus some moreDalal Street analysts expect disinvestment proceeds to touch Rs 50,000 crore in FY20.
31 Jan, 2020, 06.58 PM IST
Economic Survey bats for aggressive divestmentAnalysts are expecting unfulfilled disinvestment targets for FY20 to be carried forward.
31 Jan, 2020, 03.43 PM IST
Bharat-COIN could be the answer to Modi's divestment bluesIs there a win-win approach that can satisfy govt finances, minority shareholder interest and management reform while still maintaining mor...
31 Jan, 2020, 10.32 AM IST
Why long-term equity investors should not invest in PSU stocksExperts say those who prefer to invest and forget for decades should ignore the PSU space.
01 Jul, 2019, 01.21 PM IST
After failure for years, will divestment target be rationalised in FY18 Budget?Data suggest the FY17 divestment target of Rs 56,500 cr was 2.2 times of what the government actually managed to garner, on an average, in ...
31 Jan, 2017, 07.11 PM IST
How to gain from PSU divestmentsThe Finance Minister has hinted at bringing down the govt stake in PSU banks to 52 %. The intention is clear. There will be plenty of actio...
01 Dec, 2014, 11.25 AM IST
PSU stocks near 52-week low as PGCIL FPO opensPlunging share prices of govt owned companies serve as a warning for investors just ahead of the Power Grid follow-on-offer, which opens on...
03 Dec, 2013, 07.13 AM IST
Investor apathy may hit government's divestment plan"My suggestion would be to fix the support price for PSU divestment, and create a longer window for the sale process, say around one year."
11 Oct, 2013, 06.21 AM IST
- BSNL selloff plan gets off the ground
The department of disinvestment writes to DoT seeking details of listing plans for BSNL.
11 Mar, 2010, 05.23 AM IST
- Disinvestment Ministry gives details to AG for opinion on HPCL
Disinvestment Minister Arun Shourie said that his ministry had furnished all the facts to Attorney General for getting his opinion on legal...
07 Jan, 2003, 05.23 PM IST