The bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...

The government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd. Skymap Pharmaceuticals Pvt Ltd will acquire the co...

The Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy a...

Hindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...

Hindustan Zinc is transforming into a multi-metal and critical minerals platform, aiming to reduce India's import dependence. The company a...

Govt officials are reviewing the IDBI Bank disinvestment strategy. This comes after weak investor interest and market volatility impacted t...

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...

Union Finance Minister Nirmala Sitharaman highlighted that domestic consumption is driving India's economic growth, emphasizing the need fo...

Amid market volatility linked to the Iran conflict and delays in the IDBI Bank sale, the government plans to accelerate asset monetisation ...

Officials and experts attribute this trend to the country having to compete with Mexico, Poland, and Vietnam, a preferred part of investors...

Government may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...

IDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or ...

India's Union Budget 2025 approaches, spotlighting strategic disinvestment. This policy, distinct from regular disinvestment, involves sell...

The government has not taken any decision on strategic disinvestment of MMTC, Parliament was informed on Wednesday. The government currentl...

For the current fiscal, the revised target has been set at Rs 32,000 crore, lower than Rs 2.10 lakh crore set in the previous Budget. The C...

The three units have been part of the government list for strategic disinvestment, following Cabinet nod in 2016.

SAIL had invited an expression of interest for its proposed strategic disinvestment of its Alloy Steels Plant.