DISINVESTMENT

View: The role of the private sector in ongoing debate over disinvestment-privatisation-led growth

GoI’s decision to announce disinvestment of public sector undertakings (PSUs), barring those in four strategic areas, is progressive.

Disinvestment push: Why India needs to provide a robust legal shield to its bureaucrats

If decades-old cases continue to fester, then the entire reforms agenda that the Modi government wants to fast-track will trip up even befo...

Government has decided to close 2 pharma PSUs, disinvest other 3: Gowda

The government has also decided to strategically disinvest the other three -- Hindustan Antibiotics Ltd (HAL), Bengal Chemicals & Pharmaceu...

Govt calls for presentation by merchant bankers for Tata Comm OFS on Tuesday

A total of 11 merchant banks are in the fray including Axis Capital, Credit Suisse Securities (India) Private Ltd, Elara Capital (India), G...

The shape of India's selloff plan: 300+ PSUs may shrink to barely two dozen

The govt may reduce the number of public sector enterprises to just around two dozen, from over 300 at present, following the new policy th...

Disinvestment aimed at growth, not to plug fiscal deficit: DIPAM Secretary

As the Budget 2021 comes up with major thrust on privatisation of public sector enterprises, Disinvestment Secretary, Tuhin Kanta Pandey ha...

Ongoing strategic disinvestments of CPSEs to be outside PSE policy purview

Strategic disinvestments of Air India, Bharat Petroleum Corp Ltd, Shipping Corporation of India and BEML announced during FY21, are in vari...

Confident that disinvestment calendar will work well, non-tax revenues to improve in FY22: FM

The government is targeting to conclude strategic sale of BPCL, Air India, Shipping Corporation of India, Container Corporation of India, I...

Niti Aayog's next list of companies for disinvestment in few weeks: Rajiv Kumar

Days after Finance Minister Nirmala Sitharaman announced the Union Budget for 2021-22 laying out various measures (including disinvestment ...

Budget: LIC IPO coming; 2 PSU banks, 1 insurer to be sold

To facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.

Air India disinvestment to be completed in 2021-22; Rs 3,224 cr allotted to aviation ministry

Air India Asset Holding Ltd, a special purpose vehicle (SPV), has been set up as part of financial restructuring of the debt-laden national...

Economic Survey 2021: Revamp PSU companies’ boards, do more IPOs

The government is currently in the midst of planning a disinvestment plan for public sector undertakings, under which it will look at priva...

BEML up more than 5% as govt to divest 26% stake in co

The government said on Sunday it will disinvest 26 per cent equity share capital of the Bangalore-based public sector enterprise out of its...

Govt to divest 26% stake in BEML, invites bids till March 1

The government is aggressively going ahead with privatisation of state-run companies such as Bharat Petroleum Corporation Limited, Containe...

Govt plans 10% share sale in Rashtriya Chemical

​Interested merchant bankers and legal advisors will have to be submit their bids by January 28 and January 29, respectively, the Departmen...

Anil Agarwal ready with $10 billion war chest for India's disinvestment program

The billionaire is teaming up with London-based Centricus Asset Management Ltd. to seek investments in Indian companies offering substantia...

Disinvestment-bound BPCL slowest capital spender among oil PSUs

Between April and October, BPCL spent just 35% of its capex target of Rs 9,000 crore for the year while Oil India spent 47% of its target o...