Latest News on Disinvestment Target
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Disinvestment Target - Total results - 8
Nov 21, 2019
Govt gives go-ahead to biggest privatisation drive; to sell stake in BPCL, SCI, Concor to help bridge a widening fiscal gapIn the biggest privatisation drive-ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, shipping firm SCI and onland cargo mover Concor
Jun 24, 2019
Hindustan Petroleum Corp relents after 15 months, govt recognises ONGC as company promoterWhen the issue first arose in August 2018, Oil Minister Dharmendra Pradhan had clearly stated that ONGC is the new promoter of HPCL.
Apr 30, 2019
Govt sells 'enemy properties' worth Rs 1,874 cr in April; fast-tracks sale process to meet Rs 90,000-cr disinvestment targetEnemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India
Mar 25, 2019
First-ever sale of 'enemy shares'; buyback by CPSEs yield over Rs 11,300 cr to exchequer in FY19Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India.
Mar 22, 2019
Govt exceeds disinvestment target this financial year, proceeds touch Rs 85,000 cr: Arun JaitleyFor next fiscal the disinvestment target has been fixed at Rs 90,000 crore.
Feb 12, 2019
Bharat-22 ETF additional sale on 14 February, govt to raise Rs 3,500 cr; proceeds to help govt meet divestment targetSo far, the government has mopped up approximately Rs 36,000 crore by paring minority stake in public sector companies, and through ETFs.
Oct 19, 2018
Finance ministry banking on CPSE acquisitions, buybacks to meet FY19 disinvestment targetThe Finance Ministry is banking on merger and acquisitions among CPSEs and share buybacks by state-run companies to meet the Rs 80,000-crore disinvestment target for the current fiscal.
Sep 29, 2016
Govt to sell 7% stake in Hindustan Copper; aims to raise about Rs 400 crThe sale is part of governments disinvestment plan, wherein it aims to raise Rs 56,500 crore in 2016-17