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Saturday, February 27, 2021

PSU disinvestment


Government invites preliminary bids to sell 63.75% stake in Shipping Corp of India

December 22, 2020 12:05 pm

At the current market price, the government's stake sale in Shipping Corp is valued at about Rs 2,500 crore.

‘If some correction is required, that can be done, PSBs are vital: Dinabandhu Mohapatra

April 09, 2018 9:20 am

During demonetisation, PSBs played a major role. PSBs are vital and essential for the growth of the nation. True, there’s scope for improvement, says the MD and CEO of Bank of India.

Disinvestment ahead, Sensex on fire but public-sector index in freeze

December 05, 2014 9:55 am

As many as 17 PSUs are without a chairman including the likes of Coal India Power Finance Corporation and NHPC.

PSU sell-offs via auction route: 10% shares for retail investors

July 17, 2014 8:55 am

There is a lot for retail investors interested in PSU disinvestment.

Govt gets legal approval for HZL residual stake sale

January 15, 2014 3:46 am

The government initially planned to sell its residual stake in HZL and Balco to Vedanta.

Petrol price cut by R3.05 a litre; diesel hiked by 50 paise

October 01, 2013 2:55 am

Petrol price was on Monday cut by Rs 3.05 per litre,the first reduction in rates in over five months and the steepest in over five years

PSU disinvestment: RINL IPO first to go

October 08, 2012 3:51 pm

Govt said it will kickstart its Rs 30,000 cr disinvestment programme this month

Divestment: PSU cross-holding 'wrong'

February 22, 2012 6:37 pm

The PMEAC opposes proposal of one PSU buying shares of others to help govt raise funds.

CM discounts PSU disinvestment

January 28, 2012 8:32 am

Under fire from Opposition for not paying salaries to a section of employees of the state-owned transport corporations,the Mamata Banerjee government,on Friday,announced that the government would not hold salaries and pensions of the transport corporation employees for the next six months and ruled out possibilities of “disinvestment,decontrol and retrenchment” in the PSUs.

Investors lose Rs 4,000 crore in IPO market this year

December 21, 2011 1:02 am

The prolonged weakness in the capital market has wiped out Rs 4,000 crore of the wealth of investors in the initial public offering market in 2011