Searched for
MINISTRY OF FINANCE DISINVESTMENT
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
IRFC OFS subscribed over 1.5x by institutional investors; govt to exercise greenshoe optionThe government’s offer for sale in IRFC received a strong response from institutional investors, with the non-retail portion subscribed 1.8...
Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
Govt needs to revive NITI Aayog's PSU, PSB privatisation program: Arvind PanagariyaFormer NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
Government okays Skymap Pharmaceuticals' Rs 121-cr bid to buy IMPCLThe government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd. Skymap Pharmaceuticals Pvt Ltd will acquire the co...
Govt to sell additional 4% stake in Central Bank of India after OFS subscribed 2.36 times; retail bidding opens on MondayThe Indian government is selling more shares of Central Bank of India. Investor demand was strong, leading to an increase in the stake sale...
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 ...
Finance ministry following a calibrated disinvestment strategyIndia's finance ministry is strategically divesting stakes in public sector enterprises. This has boosted market capitalization by 3.6 time...
Finance Ministry lines up 16 PSUs for disinvestmentThe list includes state-owned companies such as NMDC, MOIL, MMTC, National Fertilisers, NHPC, NALCO and Bharat Electronics, sources said.
Finance Ministry to use Facebook, Twitter to push disinvestmentGovernment is looking at using the social media platforms, including Facebook and Twitter, in a big-way to generate interest in its disinve...
Finance Ministry to hire external monitors to oversee disinvestmentFinMin decided to appoint retired bureaucrats & prominent private sector executives as independent monitors to oversee working of merchant ...
Finance Ministry keen on Indian Oil disinvestment in NovemberA share sale under present conditions could fetch a low price and would further dent IOC's efforts to raise loans for crude oil imports.
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.
- Finance ministry orders overhaul of government's disinvestment strategy
The government will need the Rs 40,000 crore it has budgeted from disinvestment if it has to meet its fiscal deficit targets.
- DPE against Finance Ministry 'diktat' on PSUs disinvestment
Department of Public Enterprises is in disagreement with Finance Ministry on pushing PSUs for listing and follow-on public offers through a...
- Disinvestment process to start with listed cos: Finance Ministry
Finance Ministry said that the disinvestment programme will kick off with the dilution of govt equity in listed entities. Gainers: BSE ( A,...