Govt clears stake sale in CIL, ONGC, NHPC; may get Rs 43k cr
The government has missed its disinvestment target for five consecutive financial years.
Sep 10, 2014, 20:26 PM IST
Govt clears 11.36% stake sale in NHPC, may get Rs 2,800 cr
In the current fiscal, the government plans to mop up Rs 43,425 crore from selling its stakes in PSUs.
Sep 10, 2014, 20:21 PM IST
Govt clears 5% stake sale in ONGC, may garner Rs 18K cr
The government had last sold 5 percent stake in ONGC in 2012 for Rs 14,000 crore.
Sep 10, 2014, 20:18 PM IST
Govt clears 10% stake sale in CIL, may get Rs 23,000 cr
The government on Wednesday gave a go- ahead to the much-awaited 10 percent stake sale in Coal India Ltd, which could fetch over Rs 23,000 crore to the exchequer.
Sep 10, 2014, 20:17 PM IST
CCEA clears disinvestment proposals of ONGC, Coal India, NHPC
The government holds a 89.65 percent stake in CIL.
Sep 10, 2014, 18:59 PM IST
DoD seeks bankers for PFC, REC stake sale; eyes Rs 3,000 cr
The Disinvestment department has initiated the process of appointing merchant bankers to manage the 5 percent stake sale of PFC and REC, which could together fetch over Rs 3,000 crore to the exchequer.
Sep 01, 2014, 21:09 PM IST
Govt stake sales in state companies in 2-3 months: official
India will sell part of the government`s stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company.
Aug 30, 2014, 17:28 PM IST
CBI files case against ex-disinvestment secy Pradip Baijal
The Central Bureau of Investigation (CBI) has filed a case against ex-disinvestment secretary Pradip Baijal for allegedly selling a hotel in Udaipur for Rs 7 crore only while its real worth was Rs 150 crore.
Aug 28, 2014, 17:29 PM IST
Disinvestment process is progressing as scheduled: Jaitley
Eyeing Rs 58,425 crore this year by selling government stake in PSUs, Finance Minister Arun Jaitley on Sunday said that disinvestment process is on schedule.
Aug 10, 2014, 19:25 PM IST
Roadshows for SAIL stake sell to start month-end
Domestic roadshows for the issue, in which government's around 20.65 crore shares would be divested through Offer For Sale, or auction route, will be held in Mumbai and Chennai.
Aug 04, 2014, 14:13 PM IST
DoD starts process for selecting bankers for NHPC stake sale
The Disinvestment Department will soon appoint three merchant bankers for selling 11.36 percent stake sale in NHPC that could fetch about Rs 3,000 crore to the exchequer.
Jul 21, 2014, 21:13 PM IST
Union Budget 2014: Disinvestment target revised upwards to Rs 58,425 cr
Finance Minister Arun Jaitley Thursday raised the disinvestment target for the current fiscal to Rs 58,425 crore.
Jul 10, 2014, 14:11 PM IST
Govt looking at disinvesting in around 9 firms: Official
The government is looking at disinvestment in around nine state-owned firms this year, a senior government official said Thursday.
Jun 26, 2014, 20:31 PM IST
DoD meets SteelMin, merchant bankers on SAIL disinvestment
Kick starting the process of 5 percent stake sale in SAIL, the Disinvestment Department Monday held meeting with merchant bankers and steel ministry officials to move ahead with it.
Jun 23, 2014, 18:55 PM IST
India may sell 5% stake in SAIL: Sources
The new government could sell a 5 percent stake in state-run SAIL and a final decision is likely to be taken next week.
Jun 17, 2014, 17:33 PM IST
FinMin asks DoD to complete groundwork for PSU stake sale
The Finance Ministry has asked the Department of Disinvestment to complete the groundwork for stake sales in state-owned companies soon after the budget to take advantage of the bull phase in the stock market.
Jun 15, 2014, 20:25 PM IST
