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...
01 Feb, 2024, 01.28 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
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...
31 Jan, 2024, 11.49 AM IST
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...
11 Jan, 2024, 08.03 AM IST
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...
04 Feb, 2023, 12.35 AM IST
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 ...
31 Jan, 2023, 09.56 AM IST
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 ...
06 Jan, 2023, 11.45 AM IST
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...
24 Nov, 2022, 05.21 AM IST
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...
01 Feb, 2022, 03.12 PM IST
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 ...
01 Feb, 2022, 01.53 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
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...
17 Jan, 2022, 03.22 PM IST
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...
01 Feb, 2021, 10.43 AM IST
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.
02 Feb, 2020, 10.49 AM 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
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.
02 Jul, 2014, 01.12 PM IST
- Rs 12,000-cr target missed
Briefing reporters after the meeting of the Cabinet Committee on Disinvestment, Disinvestment Minister Arun Shourie told reporters that the...
08 Sep, 2002, 12.53 AM IST