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DISINVESTMENT PROGRAMME
NLC India shares fall 3% as OFS worth up to Rs 1,263 crore opensNLC India shares dipped 3% as the government launched an Offer for Sale (OFS) to divest up to a 3% stake, aiming to raise Rs 1,263 crore. T...- Govt to exercise greenshoe option after Coal India OFS draws Rs 19,000 crore bids on first dayStrong institutional demand prompted the government to exercise the oversubscription option in Coal India’s offer-for-sale. Investors place...
- 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...
- Assets monetisation in focus to bridge potential selloff gapAmid market volatility linked to the Iran conflict and delays in the IDBI Bank sale, the government plans to accelerate asset monetisation ...
- DIPAM signs pact with World Bank for advising on CPSE asset monetizationThe Department of Investment and Public Asset Management (DIPAM) is mandated with facilitating monetization of non-core assets of governmen...
- Foreign banks except Deutsche stay away from Rs 42,000 crore divestment planThis is a far cry from the situation that existed a few years ago when these banks used to fall over each other and local rivals for mandat...
- A variety of options to drive disinvestment like stable policy outlook and clear growth roadmapA stable policy outlook and a clear growth roadmap are required for making PSUs attractive for investors and to ensure wider participation ...
- 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...
- Government to kick-start its disinvestment programme in first week of OctoberThe finance ministry, in consultation with its disinvestment department, is likely to scale back of the disinvestment target by 10,000 cror...
- Hindustan Copper share sale starts at boursesGovt's disinvestment programme for the current fiscal commenced today with the share sale in Hindustan Copper at both BSE and NSE.
- No right price for disinvestment, government must go aheadThere is only a market-determined price; determined by the forces of demand and supply at a point of time.
- Ministeries oppose P Chidambram's disinvestment programme in PSUsMinistries are opposing stake sale in PSUs under their administrative control, a roadblock for FM's plans of pursuing disinvestment program...
- Only governement's equity to be divested in FPO: Nalco's ChairmanState-run aluminium maker Nalco today said the government proposes to only offload its equity in the company as part of the disinvestment p...
- Govt to pay commission to brokers for selling PSU IPOsThe government said it will pay a commission to brokers selling public offers of state-run firms, in order to woo retail investors for its ...
- CCD meet to find a way out for BPCL, HPCL privatisationIn a bid to push forward the disinvestment programme, government is likely to choose tomorrow between a political or legal option to find a...
- Fernandes non-committal on Shourie outburstDefence Minister George Fernandes on Sunday declined to comment on the government's disinvestment programme and Disinvestment Minister Arun...
- Disinvestment programme has lost focus: JaswantAdmitting that the government "lost focus" on the disinvestment programme, Finance Minister Jaswant Singh on Friday asserted that there was...
- Selloff Shourie damns colleaguesThe disinvestment programme is at the crossroads and the entire reform process is passing through a delicate phase, said disinvestment mini...
- BJP snubs Fernandes, says selloff must go onGeorge Fernandes' opposition to the government's disinvestment programme and his demand for a "mid-course correction" has been rejected by ...
- ET award gives leg-up to reforms, says BJPThe ruling party described The Economic Times Award for Corporate Excellence as Business Leader of the Year to Disinvestment Minister Arun ...
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