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DIVESTMENT 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...- Kerala’s healthcare gold rush: How private equity is reshaping hospitals and raising fears over costsPrivate equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...
- Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
- Budget FY22: A big bang divestment programme?A massive asset-monetisation drive is one of the options suggested by experts to the government to raise funds for investment in infrastruc...
- 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...
- 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 likely to begin its divestment programme for 2015-16 in AprilIt is likely to choose between a power sector and heavy industry firm for the first issue, a senior government official said.
- List Indian Railways, LIC under divestment programme: ANMIANMI has also pitched for making Aadhaar card a identity proof document for investors to trade in stock exchanges.
- CIL share sale: Govt keeps precise sequence and timing of the divestment programme a secretGovernment along with capital market regulator Securities and Exchange Board of India, devised a strategy that took short-sellers and punte...
- WEF 2015: Tax revenue growth good, divestment programme on track, says FM Arun JaitleyHe also said that the government's tax revenue collections have been good, although refunds for past periods are making an impact.
- Govt needs to move quickly on divestment programme: Gautam Trivedi, Religare Capital MarketsI do not see the market coming off significantly, but the upside could be restricted because the fact is this would end up sucking out a lo...
- LIC says ready to buy shares in government divestment programmeEarlier, the company had said it was expecting to retain its existing market share at 82 per cent during the current fiscal.
- Coal India divestment should begin after Diwali: Finance Ministry officialGovt wants to sell a 10% stake in the state-owned co this fiscal year ending March 31 as part of many divestments aimed at bolstering its s...
- Finance ministry mulls the option of starting Rs 40,000 crore divestment programmeThe government's selloff programme runs the risk of going awry if it comes out with offer for sale issues at a time when the stock market i...
- Government plans to divest 9.5% stake in NTPC this weekThe empowered group of ministers (EGoM) headed by finance minister P Chidambaram is likely to meet on Tuesday to decide the timing and pric...
- Government to speed up setting up of ETFsFaced with hurdles in the divestment programme, the FM has decided to expedite the process of setting up exchange traded funds to sell shar...
- Divestment may bring in Rs 32,500 cr in 3 monthsproceeds to be more than 55% of what govt raised since 1991.
- Selloff's back in business: PM Flags off Divestment programmePrime Minister Manmohan Singh on Thursday put an end to dilly-dallying on divestment in public sector companies by approving a plan to part...
- Panel clears sale of Cochin, Hindustan shipyardsThe Disinvestment Commission has recommended minimum 51% divestment of Cochin Shipyard (CSL) and 100% privatisation of Hindustan Shipyard (...
- HZL, IPCL & MUL next on selloff listTAKING its divestment efforts further, the government on Wednesday reconfirmed it would be selling off its stake in Maruti Udyog, Hindustan...
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