Finance Secy highlights divestment plans, says won't announce in advance as govt wants best value for public companiesBudget 2024: The government will not pre-announce its divestment plans to ensure optimal value for public companies, Finance Secretary TV S...
24 Jul, 2024, 04.56 PM IST
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 the government go for more disinvestment in Budget 2024?For disinvestment, the government either sells stakes in public-sector units or lists them on the stock exchange.
26 Dec, 2023, 08.37 PM 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
Long choppy road ahead for meaningful govt divestmentsFirst and most important, ~27% of the average divestment proceeds in FY18-19 was achieved through CPSE to CPSE sale - a transaction where s...
26 Jan, 2023, 09.31 PM 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
Non-tax revenues hold key to meeting budget targets: ReportFY22 budget math seems realistic, though privatisation targets are key and therefore we maintain our base case of a strong recovery in FY22...
02 Feb, 2021, 01.00 PM IST
Economic Survey bats for aggressive divestmentAnalysts are expecting unfulfilled disinvestment targets for FY20 to be carried forward.
31 Jan, 2020, 03.43 PM IST
Bharat-COIN could be the answer to Modi's divestment bluesIs there a win-win approach that can satisfy govt finances, minority shareholder interest and management reform while still maintaining mor...
31 Jan, 2020, 10.32 AM IST
Budget 2012: Govt to raise Rs 30,000 crore from divestment in next financial year, says FMThe govt will raise Rs 30k cr from divestment in next financial year, FM Pranab Mukherjee said while presenting the Budget 2012-13.
16 Mar, 2012, 11.48 AM IST
- Pranab Mukherjee in sell-off overdrive
FM plans to mop up Rs 40,000 crore by offloading stakes in 60 PSUs.
27 Feb, 2010, 01.15 PM IST