Latest News on Divestment
Showing of 0 - 10 from 107 results
Divestment - Total results - 107
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
Institutional investors put in Rs 8,000-cr bids for SUUTI stake in Axis BankThe government's share sale in Axis Bank held through SUUTI witnessed a blockbuster start with institutional investors putting in bids worth over Rs 8,000 crore by lapping up 2.56 times the shares reserved for them on the first day of the offer for sale (OFS)
Feb 04, 2019
Govt to begin process to monetise non-core assets of state-owned companies from AprilThe Department of Investment and Public Asset Management (DIPAM) has been drafting an asset monetisation framework, which will lay down the procedures for the administrative ministries to follow in selling off CPSE assets
Jul 16, 2018
Shoppers Stop bets on omnichannel strategy to grow biz; aims to be debt-free by 2019By betting on betting big on an omnichannel retail strategy, the retail chain believes it will be able to attract more consumers across the country
Jun 04, 2018
Air India's failed stake sale: Government now has another shot at setting things right at the ailing national carrierThe government must ensure that Air India focuses on its core competency to turn around, and could plan for an IPO in three to four years.
May 07, 2018
Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of noticeFew know that the government has cracked the whip on its own defaulters as well, and successfully closed down chronically sick public companies.
Mar 27, 2018
Air India disinvestment: Government likely to push out EoI shortly; ready to give up majority controlA government notification announcing the contours of the Air India sale is expected Tuesday night
Feb 13, 2018
Three public sector general insurance companies to meet on Friday to discuss mergerThe three public sector general insurance companies will be meeting on 16 February to deliberate on the proposed merger plan, a top official of United India Insurance said
Feb 01, 2018
Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19The government reduced stake in several PSUs this fiscal, including EIL, NTPC, NALCO and OIL.
Jan 31, 2018
Arun Jaitley has tough task to choose between populism and fiscal prudence in Union Budget 2018In Union Budget, small businesses may get some sops to ease pain caused to them due to chaotic rollout of GST and demonetisation