Psu Disinvestment

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Psu Disinvestment - Total results - 9
Fiscal deficit soars to Rs 7.15 lakh cr or 120% of revised estimates at February end
Business

Fiscal deficit soars to Rs 7.15 lakh cr or 120% of revised estimates at February end

As per data released by the Controller General of Accounts (CGA), fiscal deficit for April-February was 120 percent of the revised estimates on account of increased expenditure and subdued revenue receipts

Budget 2018: Arun Jaitley reveals govt mops up Rs 1 lakh cr via divestment this year; aims Rs 80,000 cr in FY19
Business

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.

Govt mops up over $5 bn from 'family silver' PSUs in 2015; targets Rs 50,000 cr next year
Business

Govt mops up over $5 bn from 'family silver' PSUs in 2015; targets Rs 50,000 cr next year

Blue chips like NTPC, Coal India and ONGC in the pipeline for divestment in 2016

Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's
Business

Arun Jaitley's disinvestment act is looking better than Pranab's or Chidu's

The stage is being set for year-round disinvestment sales in order to meet the government's high share sale targets.

LIC loses Rs 3,000 cr to salvage disinvestment of PSUs
Business

LIC loses Rs 3,000 cr to salvage disinvestment of PSUs

(LIC) has purchased shares of PSUs worth about Rs 16,372 crore in the disinvestment programme through the Offer for Sale (OFS).

Why you should not believe LIC on Ulips
Investing

Why you should not believe LIC on Ulips

Ulips help the insurance company, its agents and the government. But they are a bad deal for investors buying "insurance". So stay clear of Ulips.

PSU share sale: Chidu is drinking at the Last Chance bar
Economy

PSU share sale: Chidu is drinking at the Last Chance bar

After the disastrous 2G spectrum auction, the PSU disinvestment programme that gets under way on Friday is the government's last chance to mobilise revenues.

Govt gets its way, arm-twists PSUs into shelling out Rs 7,000 cr as dividends
Business

Govt gets its way, arm-twists PSUs into shelling out Rs 7,000 cr as dividends

All the high-profile meetings between public-sector undertakings and the government have finally ended with an agreement that state-run entities will shell out Rs 7,000 crore in dividends.

LIC could be Pranab Babu's white knight in disinvestment
Business

LIC could be Pranab Babu's white knight in disinvestment

The Life Insurance Corporation, which has large investible funds, could be the government's natural saviour with public sector disinvestment.