Will Budget 2024 care to sell family silver as privatisation drive flops?The government is likely to miss its divestment targets for the fifth consecutive year, raising concerns about its privatisation plans. Dat...
31 Jan, 2024, 11.49 AM IST
Disinvestment fetches over Rs 4.20 lakh cr in 10 years but target to be missed again in FY24Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are ...
25 Dec, 2023, 11.30 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
Govt gets in on the act to prepare LIC for FY22 listingThese statutory amendments, made public in the Finance Bill on Monday after the budget, will enable the life insurer to comply with key lis...
03 Feb, 2021, 08.00 AM IST
Govt seeks bids for 10% stake divestment in Rashtriya Chemicals and FertilizersThe government has separately sought bids from merchant bankers or selling brokers in the transaction, the last date for which has been set...
01 Jan, 2021, 10.36 PM IST
Air India divestment process looks very uncertain amid Covid-19 crisis: CrisilIn 2018, the government's efforts to divest Air India failed to take off
07 May, 2020, 09.53 PM IST
Govt plans to sell 5% stake in SAIL via OFS, may rake in Rs 1,000 croreOfficials from the Department of Investment and Public Asset Management (DIPAM) and steel ministry are planning roadshows in Singapore and ...
09 Feb, 2020, 12.14 PM IST
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.
15 Jul, 2019, 06.30 AM IST
CBI director Alok Verma's plea: SC says essence of government action must be in interest of institutionSolicitor General Tushar Mehta, appearing for the Central Vigilance Commission, referred to apex court judgements and laws governing the CB...
06 Dec, 2018, 12.22 PM IST
ET View: Govt must sell majority stake in non-strategic state owned companiesInstead, the govt should enter new areas such as aerospace, new generation drugs, and micro-electronics where the private sector does not h...
04 Jun, 2018, 10.40 AM IST
PM Modi's 'raincoat' comment a 'left-handed' compliment: JaitleyCommenting on the prevailing Tamil Nadu political situation, he said, "I don't think centre has any role in Tamil Nadu political crisis."
10 Feb, 2017, 02.16 PM IST
Investors chase PSU midcaps in hope of EPFO money flowThe government’s plan to sell shares of its companies through the ETF route has also sparked interest in PSU stocks.
26 Jun, 2015, 03.38 AM IST
Probable EPFO buying pushed PSU stocks higherPSU stocks such as STC India, NBCC, Hindustan Copper, MMTC, MTNL, GAIL and SCI surged between 5-20 per cent
25 Jun, 2015, 07.33 PM IST
Sensex rallies, Nifty reclaims 7700 levelsThe S&P BSE Sensex rallied as much as 355 points in intraday trade on Tuesday led by gains in auto, capital goods and oil & gas sectors.
12 Aug, 2014, 03.09 PM IST
- Citigroup on how India can meet its 5.3% fiscal deficit target
Here are the key income and expenditure trends to watch out for in the next two months as highlighted by Citigroup.
04 Feb, 2013, 04.49 PM IST
- Union Budget 2011 turns out to be flat, says Jay Shankar, Religare Capital Markets Limited
Mr Jay Shankar, Chief Economist, Religare Capital Markets Limited gives his insight of the Union Budget 2011.
28 Feb, 2011, 10.11 PM IST
- What broking houses expect from Budget
Read what the broking houses expect from Union Budget 2009-2010.
06 Jul, 2009, 07.55 AM IST