In January, 2012, Vedanta had proposed acquisition of government's remaining stake in the two erstwhile PSUs for about Rs 17,275 crore.

Mayaram, a 1978 batch Rajasthan cadre IAS officer has been holding charge as the Economic Affairs Secretary since 2012 and will continue to...

Economic Affairs Secy Arvind Mayaram has been designated as the new Finance Secretary in a statement issued by the Appointments Committee o...

Last month, the Cabinet had cleared the stake sale in Hindustan Zinc (HZL) through auction route.

The Finance Ministry has convened a meeting to discuss selling government's residual stake in Balco that can fetch Rs 3,000 crore to the ex...

A ministerial panel on disinvestment today approved the sale of a 10 per cent stake in Engineers India through a follow-on public offer (FP...

The sale is part of the government's efforts to raise Rs 40000 crore through stake sales in the current fiscal year.

The government has budgeted Rs 40,000 crore from disinvestment but has managed to raise only about Rs 1,000 crore so far this fiscal.

DoD had earlier asked the Tamil Nadu government to appoint a senior officer to discuss its proposal for buying the Centre's stake in NLC wi...

The proposed CPSE-ETF (Central public sector enterprises-exchange traded fund) is likely to be launched by October-November, Ravi Mathur sa...

The govt will kick start its divestment programme for this fiscal with a 9.33% stake sale in MMTC on Thursday, which may fetch it around Rs...

Stake sale in Coal India has already got clearance from an inter-ministerial group headed by the disinvestment secretary, Ravi Mathur.

An inter-ministerial panel on disinvestment is scheduled to meet tomorrow to consider 11.36 per cent stake sale in power generation company...

The problem is around "double pricing" and the government is keen to iron it out with the market regulator Sebi, Ravi Mathur said at an inv...

"The govt is satisfied with the response to this offer. We expect more than Rs 11,500 cr," Disinvestment Secy Ravi Mathur said after the of...

In March last year, the government had fixed a target of Rs 300 billion ($5.6 billion) through partial privatisation of state-run companies...

It had also set a 7-year limitation period for initiating inquiries against firms evading PF dues.