Disinvestment
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"Asset Monetisation Not Substitute For Disinvestment": Nirmala Sitharaman On NDTV
Finance Minister Nirmala Sitharaman, who chaired the Union Budget yesterday, clarified that the asset monetisation plan is not a substitute to disinvestment.
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State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
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Ceased To Be A State Entity: Supreme Court On Air India Post Disinvestment
Air India Limited (AIL) ceased to be State or its instrumentality under Article 12 of the Constitution after its disinvestment and take over by the Tata Group in January 2022, and no case of alleged violation of fundamental right would lie against it
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Tata Sons Eyes Mega Monetisation Of Assets Via Stakes Sale, IPOs
Tata Sons may be looking at a mega monetisation drive for the first time to raise funds for new businesses.
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Centre Calls Off Strategic Disinvestment Of Chopper Service Provider Pawan Hans
The government on Monday decided to call off the strategic disinvestment of Pawan Hans as the successful bidding consortium Star9 Mobility Pvt Ltd was disqualified in view of pending legal cases.
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Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share
The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.
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Centre Not Crazy To Rush Out To Sell Everything: Minister On Disinvestment
Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".
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Budget 2023: Investors Expect Centre To Focus On Tax Structure Reforms, Fiscal Consolidation
Investors are anticipating policy reforms to rationalise bottlenecks for growth such as subsidies and a clear roadmap for disinvestment targets.
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Union Budget 2023: Government May Take Conservative Path To Divestments
The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.
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Over Rs 4 Lakh Crore Raised Through Disinvestment Since 2014, Says Centre
The government has raised over Rs 4.04 lakh crore through disinvestment and strategic sale of public sector enterprises since the Modi government came into power in 2014, the Finance Ministry said.
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Centre Raises Over Rs 4 Lakh Crore Through Disinvestment Since 2014
Strategic sales in 10 companies, including Air India, yielded Rs 69,412 crore to the exchequer in the last 8 years. Share buyback in 45 cases fetched Rs 45,104 crore.
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Centre To Hold Consultations To Decide On Privatisation Of Banks
In the Union Budget for the financial year (FY) 2021-22, Union Minister Bhagwat Karad said, the government's intent to take up privatisation of two PSBs and approval of a policy of strategic disinvestment of Public Sector Enterprises (PSEs) was announced.
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SEBI Says Can Relax Norms For Government For Strategic Disinvestment
The board of Sebi approved amending the takeover regulations in the context of strategic disinvestment of PSUs and consideration payable under open offer.
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Nagarnar Steel Plant Demerger On Course: NMDC Chief
The shareholders and creditors of NMDC have approved the demerger of the company's under-construction Nagarnar Steel Plant
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Solid Interest For Ferro Scrap Nigam's Sale: Government
Government on Monday said it has received multiple preliminary bids for buying Ferro Scrap Nigam Ltd
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"Asset Monetisation Not Substitute For Disinvestment": Nirmala Sitharaman On NDTV
Finance Minister Nirmala Sitharaman, who chaired the Union Budget yesterday, clarified that the asset monetisation plan is not a substitute to disinvestment.
-
State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
Ceased To Be A State Entity: Supreme Court On Air India Post Disinvestment
Air India Limited (AIL) ceased to be State or its instrumentality under Article 12 of the Constitution after its disinvestment and take over by the Tata Group in January 2022, and no case of alleged violation of fundamental right would lie against it
-
Tata Sons Eyes Mega Monetisation Of Assets Via Stakes Sale, IPOs
Tata Sons may be looking at a mega monetisation drive for the first time to raise funds for new businesses.
-
Centre Calls Off Strategic Disinvestment Of Chopper Service Provider Pawan Hans
The government on Monday decided to call off the strategic disinvestment of Pawan Hans as the successful bidding consortium Star9 Mobility Pvt Ltd was disqualified in view of pending legal cases.
-
Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share
The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for the exchequer.
-
Centre Not Crazy To Rush Out To Sell Everything: Minister On Disinvestment
Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".
-
Budget 2023: Investors Expect Centre To Focus On Tax Structure Reforms, Fiscal Consolidation
Investors are anticipating policy reforms to rationalise bottlenecks for growth such as subsidies and a clear roadmap for disinvestment targets.
-
Union Budget 2023: Government May Take Conservative Path To Divestments
The government had set a disinvestment target of Rs 65,000 crore for the fiscal year 2022-23. However, it failed to meet the target and could raise only Rs 31,106.4 crore. All eyes are now on the Union Budget 2023 to know the government's divestment plans for the next fiscal and how it will utilise its stakes in public sector undertakings.
-
Over Rs 4 Lakh Crore Raised Through Disinvestment Since 2014, Says Centre
The government has raised over Rs 4.04 lakh crore through disinvestment and strategic sale of public sector enterprises since the Modi government came into power in 2014, the Finance Ministry said.
-
Centre Raises Over Rs 4 Lakh Crore Through Disinvestment Since 2014
Strategic sales in 10 companies, including Air India, yielded Rs 69,412 crore to the exchequer in the last 8 years. Share buyback in 45 cases fetched Rs 45,104 crore.
-
Centre To Hold Consultations To Decide On Privatisation Of Banks
In the Union Budget for the financial year (FY) 2021-22, Union Minister Bhagwat Karad said, the government's intent to take up privatisation of two PSBs and approval of a policy of strategic disinvestment of Public Sector Enterprises (PSEs) was announced.
-
SEBI Says Can Relax Norms For Government For Strategic Disinvestment
The board of Sebi approved amending the takeover regulations in the context of strategic disinvestment of PSUs and consideration payable under open offer.
-
Nagarnar Steel Plant Demerger On Course: NMDC Chief
The shareholders and creditors of NMDC have approved the demerger of the company's under-construction Nagarnar Steel Plant
-
Solid Interest For Ferro Scrap Nigam's Sale: Government
Government on Monday said it has received multiple preliminary bids for buying Ferro Scrap Nigam Ltd
