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Make hay when markets rise: A list of cos that govt can sell to rake in moolah

Jul 07, 2014

Make hay when markets rise: A list of cos that govt can sell to rake in moolah

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
Finmin's cost cutting drive: No more free booze for banks at board meetings

Jan 17, 2014

Finmin's cost cutting drive: No more free booze for banks at board meetings

The UPA government is planning a major cost-cutting drive with an aim to cut wasteful as well as planned expenditure in order to attain a lower FY14 fiscal deficit of 4.5 percent of GDP against the targeted 4.8 percent. #Banks #finance ministry #IOC #Divestment #planned expenditure #wastefull expenditure
Govt's fund-raising drive: EGoM okays 10% stake sale in IOC to PSUs

Jan 16, 2014

Govt's fund-raising drive: EGoM okays 10% stake sale in IOC to PSUs

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. #BreakingNow #ONGC #IOC #Divestment #Oil India
Divestment plan: Govt defers decision on MMTC stake sale till July

May 14, 2013

Divestment plan: Govt defers decision on MMTC stake sale till July

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
Essar Ports promoters pledge almost 100% of their stake in co

May 09, 2013

Essar Ports promoters pledge almost 100% of their stake in co

Value of pledged shares of Indian companies declined marginally to Rs 1.40 lakh crore as of March 31 from Rs 1.43 lakh crore as of 31 December. #CorporateStrategy #Essar Ports #stake sale #Divestment

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Essar Ports promoters pledge almost 100% of their stake in co

Sep 22, 2014

Heirs to Rockefeller oil fortune divest from fossil fuels over climate change

Heirs to Standard Oil fortune join campaign that will withdraw a total of $50bn from fossil fuels, including from tar sands funds US will not commit to climate change aid for poor nations The heirs to the fabled Rockefeller oil fortune withdrew their... #United Nations #Al Gore #United States
Essar Ports promoters pledge almost 100% of their stake in co

Sep 22, 2014

Fin24.com | Rockefellers pledge $50bn fossil fuel divestment

The Rockefellers and other philanthropies and high-wealth individuals are set to announce pledges to divest a total of $50bn from fossil fuel investments... #United Nations #Al Gore #United States
Essar Ports promoters pledge almost 100% of their stake in co

Sep 22, 2014

Rockefellers, Heirs to an Oil Fortune, Will Divest Charity of Fossil Fuels

The family whose legendary wealth flowed from Standard Oil is planning to rid its $860 million Rockefeller Brothers Fund of investments in companies trading in nonrenewable energy... #Rockefeller Brothers Fund #Rockefeller Foundation