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SALE OF PSUS
BSE shares in focus as rival NSE files DRHP with Sebi for mega IPOBSE shares are under scrutiny as rival NSE files for India's largest IPO. While some see this as a natural reaction, experts believe it off...
Find the best point of exit to sell PSUsGovernment disinvestment is off to a good start this fiscal year. Small stake sales in public sector undertakings are generating revenue. T...
RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
NLC India OFS over-subscribed 5 times, institutional buyers put in Rs 4,158 cr bidsThe government's offer for sale in NLC India saw strong demand on the first day. Non-retail investors bid for shares worth Rs 4,158 crore. ...
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...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Sales shift to state fuel retailers as Nayara, Shell cut lossesPrivate fuel sellers Nayara Energy and Shell saw sales drop significantly in April. They increased prices after the Iran war began. Consume...
India markets outlook: Varun Goel sees opportunity in 4 sectors amid geopolitical tensionsIndian equity markets are in a rangebound phase, presenting opportunities for investors. Strong macroeconomic fundamentals support a positi...
Congress slams Narendra Modi govt as ' anti-worker', calls for review of new Labour codeThe Congress has slammed the Modi government, labeling it 'anti-worker' and demanding a review of new labor codes. Citing rising unemployme...
Bandhan Bank targets 15% credit growth and ROA of 1.5% in FY27 as asset quality improvesBandhan Bank is showing signs of recovery, with its Managing Director and CEO highlighting a repaired balance sheet and cautious optimism f...
Russian bank, PSUs help NBCC generate Rs 5,779 cr from office tower sale in south DelhiRussia's Sberbank has acquired two office towers in South Delhi for approximately Rs 2,000 crore. NBCC sold these towers as part of a large...
Union Cabinet to consider strategic stake sale in PSUs tomorrowPSUs identified for strategic sale reportedly include profit-making Bharat Earth Movers and Certification Engineers International.
Vested interests a hurdle to strategic sales in PSUs: Arvind Panagariya, Niti AayogPanagariya talks about the principles on which strategic disinvestment should be based and how to deal with ailing PSUs
Strategic sale in PSUs: Government open to divesting over 51%; aims to collect Rs 28,500 croreFor the fiscal 2015-16, the govt hopes to garner Rs 69,500cr through stake sale in PSUs. Of this, Rs 41,000cr is estimated to come from min...
Fiscal deficit position to improve in Jan-Mar quarter: Finance MinistryThe government's fiscal deficit for April-November, the first eight months of the current financial year ending March 2015, touched 98.9 pe...
- 'Select cos for disinvestment from well-performing sectors'
Disinvestment candidates should be selected from sectors which are performing well in stock markets and stake sale in PSUs should not be ju...
- Sale of PSUs
NEW DELHI: Assocham has proposed a novel scheme that envisages offering country’s domestic public debt holders an option to convert their h...