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BUDGET DIVESTMENT TARGET
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...- Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...
- Budget 2024-25: Divestment, dividend targets for FY25 likely to be retainedUnion Budget 2024: The Indian government is expected to maintain its revenue target of ₹1 lakh crore for FY25 from disinvestment, asset mon...
- Budget 2024: Sitharaman cuts FY24 divestment target to Rs 30,000 cr, FY25 target at Rs 50,000 crBUDGET ANNOUNCEMENT: Finance Minister Nirmala Sitharaman has revised divestment target for FY24 and set a new one for FY25. Government is l...
- 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...
- Will Budget 2024 care to sell family silver as privatisation drive flops?The government is likely to miss its divestment targets for the fifth consecutive year, raising concerns about its privatisation plans. Dat...
- Budget 2024: Modest divestment targets seen for FY25, medium termThe latest review of the divestment process is spurred by the delay in privatisation bids as the strategic sale process remains time-consum...
- DIPAM confident of meeting Rs 51,000 crore selloff target for FY24The Department of Investment and Public Asset Management or DIPAM secretary Tuhin Kanta Pandey termed the FY24 budgeted estimate for disinv...
- Disinvestment-bound cos unlikely on investors’ radar as FY24 Budget target set to moderateWhile IDBI Bank is in the process of divestment, with the government having already invited bids for strategic sale, the completion of the ...
- No major spark in divestment-bound PSU stocks ahead of Budget, 5-year history showsWhile IDBI Bank is in the process of divestment, with the government having already invited bids for strategic sale, the completion of the ...
- Ministries told to spot new assets for monetisationGovernment's proceeds from asset sales were only ₹33,443 crore in the first seven months against the target of ₹1.6 lakh crore under the Na...
- India’s slashed asset sale target raises questions about LIC IPOAs recently as last week, Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey had told the Press Trust of Ind...
- FY23 disinvestment receipts pegged at Rs 65K cr; receipts for current year cut to Rs 78K crThe government's receipt from disinvestment proceeds in the next financial year beginning April have been pegged at Rs 65,000 crore, lower ...
- 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...
- Union Budget 2022: Even LIC IPO may not rescue FY22 divestment aimAssuming the government manages to pull of the stake sale in LIC, the step could lead to receipts of around Rs 80,000 crore to Rs 1 lakh cr...
- Madhu Kela says Budget 2021 can surprise D-Street positively, bats for aggressive divestmentsKela said that the government needs to elaborate the details of the divestment targets that the FM sets for FY22, as there are good chances...
- Govt to sell part of its holding in LIC through IPOThe government has also set a divestment target of Rs 2.1 lakh crore for FY21.
- 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 ...
- Sectors that see divestment will be more attractive going forward: Anish Damania, IDFC Sec"I am expecting that this year the government will target close to Rs 700 billion or so in terms of divestments," says Anish Damania.
- Rs 12,000-cr target missedBriefing reporters after the meeting of the Cabinet Committee on Disinvestment, Disinvestment Minister Arun Shourie told reporters that the...
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