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DISINVESTING MAJORITY STAKE
Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...- 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...
- Hindustan Zinc shares tumble 5% to 6-week low after report of govt's plan to sell 2% stake for Rs 5,000 croreHindustan Zinc shares fell sharply on Friday after a report said the government may sell up to a 2% stake in the company to raise around Rs...
- Mahanadi Coalfields gets govt nod for IPO; Coal India to dilute up to 25% stakeThe government approved the listing and disinvestment of Mahanadi Coalfields through an IPO, enabling Coal India to dilute up to 25% stake....
- Govt reviews divestment plans, IDBI Bank stake saleGovt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...
- IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanksIDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or ...
- Divesting majority stake credit negative for public sector banks leaning on govt: IcraSix public lenders including Indian Overseas Bank, UCO Bank, Bank of Maharashtra, Punjab and Sind Bank, Bank of India and Central Bank of I...
- Budget 2019: Decks cleared for big-ticket salesLast year, the government raised Rs 85,0000 crore from selling assets such as Coal India Ltd. and Bharat Heavy Electricals Ltd.
- Govt seeks merchant bankers for stake sale in IOC, Bhel & NalcoGovt sought merchant bankers to assist it in sale of its stake in three blue-chip firms--IOC, BHEL and NALCO-- to help meet disinvestment t...
- SAIL, RINL, HAL on disinvestment pipeline this year: Arun JaitleyJaitley said the government will sell 10 per cent stake each in Hindustan Aeronautics (HAL) and RINL and 5 per cent in SAIL in the current ...
- Achieving current fiscal disinvestment target a tough taskInter-ministerial differences, trade union protests and unfavourable market conditions have made government's PSU disinvestment programme t...
- EGoM fails to decide on ONGC and BHEL stake sale, to meet againA panel of Ministers today failed to take a decision on stake sale of blue chip oil major ONGC and BHEL and decided to meet again to take a...
- Par approval being sought for disinvestment of HMT BearingsThe govt said it has initiated the process for obtaining Parliament's approval for disinvesting majority stake, through a strategic partner...
- Govt puts Nalco sell-off plan back on trackMonths after putting on hold the disinvestment process in aluminium major Nalco, the disinvestment ministry has restarted work on getting r...
- CCD may discuss HPCL, BPCL sell-off at next meetingThe Disinvestment Ministry on Friday said it had sought a meeting next week of the Cabinet Committee on Disinvestment (CCD) which may discu...
- Selloff body clears Manganese Ore divestmentThe Core Group of Secretaries on Disinvestment has cleared disinvestment of Manganese Ore India.
- Govt equity in MUL to come down to 25%Disinvestment Minister Arun Shourie said on Monday that government stake in Maruti Udyog (MUL) will come down to around 25 per cent.
- Govt wants an oil PSU to hold majority in MRPLNEW DELHI: IN A new twist to the Mangalore Refinery and Petrochemicals' ownership issue, the petroleum ministry is now considering either H...
- Mines ministry favours ADR for Nalco sell-offNEW DELHI: The mines ministry has favoured an American Depository Receipt issue for diluting government stake in National Aluminium Company...
- DoD opens dialogue with global bankersENTHUSED by tight calendar for disinvestment approved by the government for the current fiscal, the department of disinvestment (DoD) has a...
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