Disinvestment Programme
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Disinvestment Not For Shutting Down Public Sector Entities: Finance Minister
Finance Minister Nirmala Sitharaman said Government's disinvestment programme is not for shutting down any company but to make it more efficient
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Government to Kickstart Credit Outreach Programme From October 15
Finance Minister Nirmala Sitharaman has said that from October 15 onwards a credit outreach programme will be started across the country.
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Arun Jaitley's Disinvestment Programme Raises Capital Market Ambitions
In last week's Union Budget, Finance Minister Arun Jaitley set a Rs 72,500 crore target for divestment in the 12 months from April 1, up from a revised Rs 45,500 crore goal in the current fiscal year.
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Government Clears 26% Strategic Sale In BEML
At the current market pricing of Rs 999.50 a share, 26 per cent stake of BEML could fetch the exchequer over Rs 1,000 crore.
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PSU Employees May Be Able To Buy More Shares: Report
Earlier, the highest ever employee participation was recorded during the offer of Indian Oil Corporation in May when nearly 40 per cent of the employees participated, applying for 53.17 per cent of the 1.2 crore shares on offer.
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Manganese Miner MOIL Fixes August 8 As Record Date For Share Buyback
Manganese miner MOIL on Thursday said it has fixed August 8 as the record date for its share buyback programme worth Rs 863.34 crore.
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Government To Sell Rs 2,800 Crore Stake In NHPC On Wednesday
India will sell a 11.36 per cent stake in state-controlled hydropower producer NHPC on Wednesday to raise Rs 2,800 crore ($420 million), the NewsRise news agency reported, kicking off the government's privatisation programme for this year.
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Nalco's 25% Share Buyback to Take Place in Next Fiscal
Nalco's estimated Rs 3,250-crore share buyback programme has been delayed due to procedural issues and will be completed in financial year 2016-17.
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Government to Sell up to 5% Stake in Container Corp
The government will sell an up to 5 per cent stake in state-run Container Corp as part of its asset sales programme, in a deal that could fetch about $170 million (around Rs 1,145 crore).
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Government Says Disinvestment Target Should Not Be Confined to Dates
Global volatility in capital and currency markets has derailed the Rs 69,500-crore PSU stake sale programme for the year, but the government will go ahead with prudent and timely disinvestments, a target for which should not be just confined to dates, a top official has said.
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Government Asks PSUs to Buy Back Shares, Pay Higher Dividends: Report
The government has asked public sector firms to buy back shares worth about Rs 25,000 crore and pay additional dividend on top of the mandated 30 per cent as it looks to rescue disinvestment programme that is on the brink of missing target for the sixth year in a row.
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LIC Taking Advantage of Market Fall, Buying Stocks: Chairman
Asked about LIC's investment plan for the disinvestment programme of the government, Mr Roy said LIC will pick up shares on a "case-to-case" basis.
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Government to Kick Off FY16 Divestment With REC's up to $250 Million Stake Sale
The government has set the floor price for an up to $250 million share sale in state-run Rural Electrification Corp Ltd at Rs 315 rupees apiece, kicking off its stake divestment programme for the fiscal year that started on April 1.
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List Indian Railways, LIC Under Divestment Programme: ANMI
ANMI said that disinvestment of PSUs will provide more investment options.
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Divestment Programme on Track: Jaitley
The government will go ahead with its disinvestment programme and "a lot of activity" is expected on that front, Finance Minister Arun Jaitley said, while hinting at complete privatisation of some loss-making PSUs at a later stage.
-
Disinvestment Not For Shutting Down Public Sector Entities: Finance Minister
Finance Minister Nirmala Sitharaman said Government's disinvestment programme is not for shutting down any company but to make it more efficient
-
Government to Kickstart Credit Outreach Programme From October 15
Finance Minister Nirmala Sitharaman has said that from October 15 onwards a credit outreach programme will be started across the country.
-
Arun Jaitley's Disinvestment Programme Raises Capital Market Ambitions
In last week's Union Budget, Finance Minister Arun Jaitley set a Rs 72,500 crore target for divestment in the 12 months from April 1, up from a revised Rs 45,500 crore goal in the current fiscal year.
-
Government Clears 26% Strategic Sale In BEML
At the current market pricing of Rs 999.50 a share, 26 per cent stake of BEML could fetch the exchequer over Rs 1,000 crore.
-
PSU Employees May Be Able To Buy More Shares: Report
Earlier, the highest ever employee participation was recorded during the offer of Indian Oil Corporation in May when nearly 40 per cent of the employees participated, applying for 53.17 per cent of the 1.2 crore shares on offer.
-
Manganese Miner MOIL Fixes August 8 As Record Date For Share Buyback
Manganese miner MOIL on Thursday said it has fixed August 8 as the record date for its share buyback programme worth Rs 863.34 crore.
-
Government To Sell Rs 2,800 Crore Stake In NHPC On Wednesday
India will sell a 11.36 per cent stake in state-controlled hydropower producer NHPC on Wednesday to raise Rs 2,800 crore ($420 million), the NewsRise news agency reported, kicking off the government's privatisation programme for this year.
-
Nalco's 25% Share Buyback to Take Place in Next Fiscal
Nalco's estimated Rs 3,250-crore share buyback programme has been delayed due to procedural issues and will be completed in financial year 2016-17.
-
Government to Sell up to 5% Stake in Container Corp
The government will sell an up to 5 per cent stake in state-run Container Corp as part of its asset sales programme, in a deal that could fetch about $170 million (around Rs 1,145 crore).
-
Government Says Disinvestment Target Should Not Be Confined to Dates
Global volatility in capital and currency markets has derailed the Rs 69,500-crore PSU stake sale programme for the year, but the government will go ahead with prudent and timely disinvestments, a target for which should not be just confined to dates, a top official has said.
-
Government Asks PSUs to Buy Back Shares, Pay Higher Dividends: Report
The government has asked public sector firms to buy back shares worth about Rs 25,000 crore and pay additional dividend on top of the mandated 30 per cent as it looks to rescue disinvestment programme that is on the brink of missing target for the sixth year in a row.
-
LIC Taking Advantage of Market Fall, Buying Stocks: Chairman
Asked about LIC's investment plan for the disinvestment programme of the government, Mr Roy said LIC will pick up shares on a "case-to-case" basis.
-
Government to Kick Off FY16 Divestment With REC's up to $250 Million Stake Sale
The government has set the floor price for an up to $250 million share sale in state-run Rural Electrification Corp Ltd at Rs 315 rupees apiece, kicking off its stake divestment programme for the fiscal year that started on April 1.
-
List Indian Railways, LIC Under Divestment Programme: ANMI
ANMI said that disinvestment of PSUs will provide more investment options.
-
Divestment Programme on Track: Jaitley
The government will go ahead with its disinvestment programme and "a lot of activity" is expected on that front, Finance Minister Arun Jaitley said, while hinting at complete privatisation of some loss-making PSUs at a later stage.
