Budget 2020: Govt to sell stake in LIC via partial listing; sets steep divestment target of Rs 2.1 lakh cr for FY21
Although the government did not give a roadmap for listing LIC, it said that Rs 90,000 crore will be achieved via stake sales in state-owned banks and financial institutions.
On a relative basis, India has underperformed in six of the seven cases 30 days prior to the Budget announcement and in five out of seven cases 30 days post-Budget announcement
Union Budget 2019: Importance of capital account dealing with receipts, expenditures and creation, dilution of assets
The capital account, as the name suggests, deals with receipts and expenditures that lead to the creation or dilution of assets.
Minus Rs 72,000 for poor, Congress Manifesto 2019 makes right noises; Rahul's NYAY will be party's headache
While Congress' poll manifesto is sensitive towards major economic issues, including unemployment, Rahul Gandhi's Nyay scheme is fraught with major risks — both as an idea and on the implementation front
For next fiscal the disinvestment target has been fixed at Rs 90,000 crore.
The 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)
The 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
By betting on betting big on an omnichannel retail strategy, the retail chain believes it will be able to attract more consumers across the country
Air India's failed stake sale: Government now has another shot at setting things right at the ailing national carrier
The 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.
Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice
Few know that the government has cracked the whip on its own defaulters as well, and successfully closed down chronically sick public companies.
Air India disinvestment: Government likely to push out EoI shortly; ready to give up majority control
A government notification announcing the contours of the Air India sale is expected Tuesday night
The 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
Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19
The government reduced stake in several PSUs this fiscal, including EIL, NTPC, NALCO and OIL.
In Union Budget, small businesses may get some sops to ease pain caused to them due to chaotic rollout of GST and demonetisation
On the disinvestment process, Jayant Sinha said the government is still in the process of identifying which subsidiaries of Air India should be offered separately.
With so many questions and few answers, what will the appointment of yet another bureaucrat as Air India CMD do? Won’t his hands be tied to the eventual fate of the disinvestment process, hindering day-to-day decision making?
Front-loading of expenditure, where government has exhausted 96 percent of the deficit by August, and also a slowdown in growth which led it to even mull a stimulus, had put question marks over whether it government will be able to meet the fiscal deficit target or not
Bharat 22 ETF: Govt raises Rs 14,500 cr; fund sees Rs 32,000 cr bids, so far Rs 52,000 cr garnered via divestment
In Bharat 22 ETF, as much as 25 percent of total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore
Bharat 22 ETF to debut on Tuesday; aims to raise Rs 8,000 cr, to be part of Rs 72,500 cr divestment plan
Bharat 22 ETF is a part of government's overall disinvestment programme which seeks to raise Rs 72,500 crore
NTPC shares closed 2.5 percent higher on the BSE at Rs 173.55 apiece on Monday