LIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...

Interim 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...

Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are ...

The finance ministry informed the Parliament that profit or loss of a state-run company is not among the relevant criteria for its privatis...

Senior government officials said there are some options, including allowing interested parties to bid based on the enterprise value, being ...

"The final call as to which are the sectors which are going to be called 'strategic' is not made yet, that has to be announced and I can't ...

A group of secretaries clears strategic sales in BPCL, BEML and Concor; EoI for Air India being firmed up.

The Niti Aayog has already recommended a list of 23 PSUs for privatisation which are being looked at by the Department of Investment and Pu...

The government will use a multi-pronged approach to meet the divestment target next year.

The comments have been sought till April 18 on a host of suggestions, which also include providing the retail investors an option to bid at...

The 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...

Plunging share prices of govt owned companies serve as a warning for investors just ahead of the Power Grid follow-on-offer, which opens on...

"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."

For companies in which government holding is close to 95% and odd, there has always been a scarcity premium associated which is clearly ref...

Govt has to clear up cobwebs if it has to get serious investor.

K Ramachandran, CIO, Karvy Private Wealth, in a chat with ET Now talks about the PSU divestment theme.

With Rs 15,128 crore of PSU divestments in 2003-04 through public issues, a strong hope was generated that the government had finally becom...