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DIVESTMENT OF PSUS
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...- Unplug dead PSUs PS bureaucratic zzzIndia's government struggles to close ailing state-owned companies. Bureaucratic hurdles and complex asset sales delay closures. This ties ...
- Coal India, CESC and other power stocks: JM Financial analyst explains impact of Bengal electionsJM Financial views the West Bengal election outcome as a potential boost for power sector governance, driven by expectations of reform unde...
- Past losses of PSUs under strategic divestment can be set off: CBDTThe change in income tax law has been made in a bid to make strategic divestment of PSUs more attractive, said experts, since normally such...
- PSUs rally on buzz of global oil companies’ interest in BPCL stakeAccording to analysts, the government will try to get higher value in BPCL by maintaining better financial health through higher net market...
- It will soon be raining PSU stocks. What should equity investors do?The Budget proposals have increased the chances of an over supply of PSU stocks in the market.
- Stable stocks to give divestment programme a big lift"Time has come (for divestment of PSUs). The markets were volatile, now the markets have stabilised," the official said.
- Government to divest 15% stake in MMTC; to fetch about Rs 800 croreThe govt is planning to sell 15 per cent stake in state-run trading firm MMTC in the current fiscal which would fetch about Rs 800 crore to...
- BHEL may stay under pressure on weak fundamentals, looming disinvestment: Anand TandonTandon believes that NTPC is better than BHEL on fundamental front. But, he believes that NTPC's valuations are fully pricing in all the po...
- Dalal Street expects PSU, power companies to rally on government stepsDalal Street investors are pinning their hopes on a strong revival in non-banking PSU companies as they believe that the new government wil...
- More PSUs to be put up for disinvestment if market improves: Praful PatelThe government today said as and when the market condition improves, more state-owned units will be offered for a partial disinvestment.
- Pranab Mukherjee in sell-off overdriveFM plans to mop up Rs 40,000 crore by offloading stakes in 60 PSUs.
- Divestment of PSUs back on tablePM says tackling fiscal deficit will be govt's top priority.
- Parliamentary panel examining divestment of PSUsThe government said on Tuesday a Parliamentary committee is examining the objections raised by Comptroller and Auditor General of India on ...
- Govt to divest stake in PSUs post pollsThe government will pursue divestment in profitable PSUs soon after the Assembly elections.
- Minority stakes in non-navratnas may be sold soonMinority shareholding in profit-making non-navratna public sector enterprises such as Shipping Corporation of India, Engineers India, Natio...
- Govt may revive SPV plan for PSU divestmentGovt is discussing the possibility of reviving the plan to launch a SPV to undertake all future divestments.
- Govt now looks at non-navratnas for divestmentThe government is likely to turn its attention to the divestment of non-navratna public sector undertakings (PSUs), given the stalemate ove...
- Govt may sell part of its Nalco, SCI stakeGovernment may consider divesting part of its stake in blue chip PSUs like Nalco, SCI and others via public offers this fisc.
- Bidders withdrawing due to halt in disinvestment: ShourieAlmost resigned to a setback in the divestment, Disinvestment Minister Arun Shourie said bidders for the government equity in PSUs were wit...
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