Previous budgets have consistently missed disinvestment targets but current buoyant market sentiment could prove to be a positive and provide enough scope for the newly-elected government to undertake an aggressive divestment target. #Arun Jaitley#Divestment#Number Cruncher#Budget 2014
A panel of ministers has approved sale of a 10 percent stake in state refiner Indian Oil Corp through a block deal on the stock exchanges, Oil Minister Veerappa Moily said on Thursday.
The government has deferred a decision to sell its 9.33 per cent stake in MMTC till July as it is awaiting the state-run trading firm's audited earnings for the 2012-13 fiscal for deriving the true value of its equity. #ToWhatEffect#stake sale#MMTC#Divestment plan
Organizers of the growing movement to persuade investors to divest from fossil fuels will announce a major milestone Monday, when more than 50 foundations, institutions and wealthy individuals who control at least $50 billion in assets will pledge to...