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NHPC share sale opens to 41 lakh bids from retail investors

Apr 28, 2016

NHPC share sale opens to 41 lakh bids from retail investors

Government's 11.36 per cent stake sale in NHPC opened for bidding by retail investors this morning with a subscription of over 41.02 lakh shares in early hours of trade. #FIIs #Government #Divestment #retail investors #NHPC #OFS #subcription
IPO-bound cos to mop-up over $5 bn in 2016 on growing appetite for equities: EY

Mar 31, 2016

IPO-bound cos to mop-up over $5 bn in 2016 on growing appetite for equities: EY

Global IPO activity slowed significantly in the first quarter of 2016 with a total of 167 deals raising just $12.1 billion #IPO #Divestment #EY report #EMEIA
Divestment flop show: High time Jaitley stopped 'jugaad' and did some soul searching

Mar 28, 2016

Divestment flop show: High time Jaitley stopped 'jugaad' and did some soul searching

Meeting this target is critical for Arun Jaitley to adhere to the fiscal deficit roadmap (3.5 per cent in fiscal year 2017) and a repeat of the 2016 flop show could put the deficit management under pressure #Narendra Modi #Arun Jaitley #Divestment #PSU stake sale #Union Budget 2016
Air India privatisation: Govt may consider 49% stake sale in national carrier

Mar 25, 2016

Air India privatisation: Govt may consider 49% stake sale in national carrier

ndia is to examine the possibility of selling up to 49 percent of loss-making national carrier Air India, news agency NewsRise Financial reported on Wednesday, citing an unnamed official. #air india #Government #Privatisation #stake sale #Divestment #finance minstry
Concor OFS fully subscribed; govt gets Rs 1,165 crore

Mar 10, 2016

Concor OFS fully subscribed; govt gets Rs 1,165 crore

Government today raised Rs 1,165 crore from the sale of 5 per cent stake in Concor after retail investors lapped up all the shares reserved for them. #FIIs #retail #Divestment #OFS #Container Corporation #Concor
Govt to offload 5% stake in Concor today, to garner Rs 1,165 crore

Mar 08, 2016

Govt to offload 5% stake in Concor today, to garner Rs 1,165 crore

Government will tomorrow sell 5 per cent stake in Container Corporations of India (Concor) at a minimum price of Rs 1,195 a piece, to garner Rs 1,165 crore. #Divestment #OFS #Container Corporation
Budget 2016: Govt may trim FY17 divestment targets to 'realistic' levels, say sources

Jan 14, 2016

Budget 2016: Govt may trim FY17 divestment targets to 'realistic' levels, say sources

To prepare assets for sale, the government plans to bolster the financials of state-owned behemoths such as Coal India and power producer NTPC, said the sources. #GDP #finance ministry #Narendra Modi #NewsTracker #coal india #fiscal deficit #Arun Jaitley #Divestment #NDA #Department of Disinvestment #Union Budget 2016 #Economy 2016 #Taxes 2016
ITDC disinvestment: Govt will do well to keep past mistakes in mind

Jun 01, 2015

ITDC disinvestment: Govt will do well to keep past mistakes in mind

The Ministry of Tourism and Culture has already begun the process for disinvestment of Government's stake in 8 of the 16 hotels under ITDC. The Modi Government rightly feels it has no business to be in the business of hospitality. Besides, many hotels under the ITDC are loss making, some of them are non-functional and it would be a good idea to get these dud assets off the Government's books. #Divestment #ITDC #Mahesh Sharma
Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

May 22, 2015

Modi's one year: Arun Jaitley's all-is-well rant conveniently misses unpleasant part

The reason for a change to waning investor sentiments from the days of euphoria is absence of much-needed structural reforms in the economy #Finance minister #Arun Jaitley #Divestment #economic reforms #one year of Modi govt #banking sector reforms