Centre could privatise 5 companies by 2022; Check firms' names that could help meet disinvestment target
For FY23, the Central government has reduced the disventment target to Rs 65,000 crore.
Apr 14, 2022, 08:58 AM IST
Centre gets financial bids for privatisation of NINL: DIPAM Secretary
The Central government has received financial bids for privatisation of Neelachal Ispat Nigam Ltd.
Dec 23, 2021, 23:49 PM IST
THESE state-owned banks may be picked up for privatisation, govt likely to come out with VRS
Finance Minister Nirmala Sitharaman while unveiling Budget 2021-22 on February 1 had announced that the government proposed to take up the privatisation of two public sector banks (PSBs) and one general insurance company.
Jun 09, 2021, 09:03 AM IST
Air India will be closed if not privatised: Union Minister HS Puri
Thr Civil Aviation Minister made these remarks while speaking in Rajya Sabha.
Nov 27, 2019, 14:04 PM IST
Union Cabinet approves disinvestment in five government companies
Union Finance Minister Nirmala Sitharaman on Wednesday said that the Cabinet has approved the sale of stake of the government in five prominent Public Sector Units (PSUs), including Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI), and Container Corp of India.
Nov 21, 2019, 00:24 AM IST
No proposal for strategic disinvestment of Navaratna CPSEs: Govt informs Rajya Sabha
As per Public Enterprises Survey 2017-18 that was laid in the Parliament on 27.12.2018, there were 339 Central Public Sector Enterprises (CPSEs) as on 31.03.2018.
Jun 24, 2019, 16:56 PM IST
Finance Ministry to prepare fresh proposal for Air India sale
The ministry's proposal, to be placed before Air India Specific Alternative Mechanism (AISAM), will also include option of selling either 100 percent or 76 percent government stake in Air India.
Jun 20, 2019, 10:38 AM IST
Air India sale a scam in the making, will file complaint if I find culpability: Subramanian Swamy
Swamy has threatened to file a complain if he finds anything wrong with the deal.
Mar 31, 2018, 21:45 PM IST
UPA made the Maharaja a beggar, we are restoring his glory: Minister on Air India sale
He said the airline would be kept independent after the stake sale.
Mar 29, 2018, 21:09 PM IST
Bharat-22 ETF launched; government eyes Rs 8,000 crore
The shares of the state-run companies represent 6 core sectors of the economy - finance, industry, energy, utilities, fast moving consumer goods (FMCG) and basic materials.
Nov 14, 2017, 19:55 PM IST
Bharat 22 ETF opens on Tuesday: All you need to know
This ETF, which is being managed by ICICI Prudential AMC, comprises select companies from the private sector having an exposure to the extent of 39 percent while the rest are public sector firms.
Nov 13, 2017, 19:12 PM IST
Government says GDP growth set to take off: Top highlights
We won't cross 4 percent inflation. India is defined by low inflation these days, says Arun Jaitley
Oct 24, 2017, 16:45 PM IST
Govt sells 7% in NTPC to raise Rs 9,100 crore
The government had planned to sell over 41.22 crore shares, or 5 per cent holding, through the two-day OFS, with an option to retain a similar portion in case of over- subscription.
Aug 30, 2017, 22:34 PM IST
NTPC share sale a big hit with institutions, oversubscribed
On the opening day of the sale, which was open to non- retail investors, over 38.66 crore shares were bid till 1425 hours, according to stock exchange data. This was 1.17 times of the 32.98 crore shares reserved for them.
Aug 29, 2017, 13:15 PM IST
Govt to sell 5% stake in NTPC at floor price of Rs 168 per share today
The share sale through an offer for sale (OFS) will happen over two days?beginning tomorrow, an official said here.
Aug 28, 2017, 18:06 PM IST
HUDCO IPO over-subscribed by more than 79 times
The HUDCO initial public offering (IPO) saw an exceptional level of interest and the Issue as a whole was oversubscribed by more than 79 times. Bids worth Rs. 97,000 crores were received for an issue size of Rs. 1,200 crores.
May 12, 2017, 19:31 PM IST
CPSE ETF oversubscribed 3.7 times, gets bids worth Rs 9,700 crore
The third tranche of the government's exchange traded fund (ETF) of top 10 state-owned companies saw bids worth Rs 9,200 crore from investors, which is 3.7 times the amount sought to be raised.
Mar 17, 2017, 21:26 PM IST
Govt scouts for valuers for Hindustan Prefab, PDIL assets
The government is scouting for asset valuers to undertake valuation of two unlisted PSUs -- Projects & Development India Ltd (PDIL), and Hindustan Prefab.
Feb 08, 2017, 12:16 PM IST
Disinvestment receipts to touch Rs 45,000 crore: Arun Jaitley
Finance Minister Arun Jaitley has exuded confidence that receipts from PSU disinvestment will touch Rs 45,000 crore in 2016-17.
Feb 04, 2017, 23:29 PM IST
Govt plans strategic sale of 3 PSUs, merger of 4
Government plans to exit its holding in three PSUs -- Bharat Pumps & Compressors, Bridge & Roof Co and Hindustan Fluorocarbons -- by selling its stake to strategic buyers.
Feb 03, 2017, 13:22 PM IST
