disinvestment News

LIC listing back on agenda, as govt looks to give disinvestment a boost

If the LIC shares are listed on stock exchanges, it could easily emerge as the country’s top listed company in terms of market valuation, overtaking current leaders Reliance Industries Ltd and Tata Consultancy Services.

Centre raises over Rs 10,000 crore on net basis via CPSE ETF

A record Rs 45,080 crore via two extant ETFs — Rs 26,350 crore from CPSE ETF and Rs 18,730 crore from Bharat-22 ETF — helped the Centre mobilise 53 per cent of the disinvestment receipts in FY19.


Disinvestment roadmap: Centre plans to raise value of public assets, says DIPAM secy

the valuation of the assets held by the government in PSUs has increased from Rs 10 lakh crore to around Rs 13 lakh crore, of which, during 2017-18, nearly Rs 1 lakh crore has been divested.

Govt can look at corporatising state-run firms: PM Modi

"Do we have only two ways to improve things one either disinvest them or shut them down," said Modi.

Coal India Ltd mega sale brings in Rs 22.6K cr

Biggest ever disinvestment, exceeds previous record of R15K cr made by CIL in 2010.

‘Strategic sale the better disinvestment option’

India Inc, however, was keen on an interest rate cut to push the demand side of the economy and high growth rates.


Jayant Sinha says govt considering plan to reduce stake to 52 pct in state banks

Prime Minister Narendra Modi is expected to take a final decision on the issue of stake sale soon: finance ministry officials.

Not invited to Great Eastern relaunch,former CM who allowed its divestment

It was in 2006,soon after he had taken charge as chief minister for the third consecutive term,that Buddhadeb Bhattacharjee was approached by then minister for commerce and industries,Nirupam Sen,on the issue of privatisation of the state-run Great Eastern Hotel. “Nirupam,it is now or never. We will have to do it now,” Buddhadeb is said to […]

No case,AG had said before CBI bid to reopen HZL stake sale

Vahanvati’s opinion came in response to a query from the mines ministry on the HZL disinvestment.

‘No cut in plan spending to meet deficit target’

Govt bets big on spectrum auction,disinvestment.