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News
India disinvestment
India disinvestment News
government fund raising
15 Feb 2019
Govt gets Rs 10,000 cr from additional offering of Bharat-22 ETF
The additional 'on-tap' offering of Bharat-22 ETF was opened for a single day with a base issue size of Rs 3,500 crore and an option to retain over-subscription.
Atal Bihari Vajpayee
16 Aug 2018
Key economic decisions taken by Atal Bihari Vajpayee
Vajpayee continued with spirit of economic reforms introduced under PV Narasimha Rao government of 1991.
Disinvestment target
20 Feb 2017
'Govt may cross Rs 45.5K cr divestment target this fiscal'
The government hopes to overshoot the Rs 45,500 crore disinvestment target for the current fiscal amid strengthening of equity markets.
Bank of Baroda
06 Apr 2016
BoB to convert Andrew Yule debt to equity; divestment on cards
The Government on Wednesday cleared conversion of Bank of Baroda's Rs 29.91 crore loan to Andrew Yule & Co into equity shares, paving the way for disinvestment of the Kolkata-based PSU in the next three months.
Equity issuances
28 Oct 2015
PSU disinvestment nets 71% of total fund raising in April-September
During April-September, government has raised Rs 12,600 crore through stake sale in four companies.
Fiscal deficit
27 Oct 2015
Disinvestment shortfall not to upset fiscal deficit target: Arun Jaitley
There is no cause for concern on fiscal deficit and the government will meet its target for the current fiscal despite certain challenges on the disinvestment front, Finance Minister Arun Jaitley said on Tuesday.
Department of Disinvestment
29 Jul 2015
DoD says Rs 30,000 cr more realistic target for disinvestment
Asked to garner a massive Rs 69,500 crore this fiscal, the Department of Disinvestment has told Finance Ministry it may be able to raise only about Rs 30,000 crore given the volatile market conditions.
PSU stakes
28 Jun 2015
Stable stocks to give divestment programme a big lift
The Cabinet approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC.
Stock markets
03 Jun 2015
'Disinvestment target of Rs 69,500 crore looks daunting'
Downturn in the stock markets on fears of a deficient monsoon and the impending hike in interest rates in the US will make it difficult for the government to meet its ambitious disinvestment target of Rs 69,500 crore for the current fiscal.
PSUs
18 Mar 2015
BHEL disinvestment likely in April; may fetch Rs 3,200 cr
The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April, in a bid to meet the Rs 41,000 crore stake sale target for 2015-16.
State -run PSUs
09 Sep 2014
SAIL stake sale this month; more incentives for retail players
The government is proposing to offload 5 percent stake in SAIL this month and provide more incentives to retail investors to increase their participation.
NDA government
05 Sep 2014
Baijal led IMG misled Cabinet Committee on disinvestment: CBI
The Cabinet Committee was chaired by then Prime Minister Atal Bihari Vajpayee and comprised of senior Cabinet Ministers along with Shourie who was the Minister of Disinvestment.
State -run PSUs
04 Sep 2014
SAIL, NTPC asked to give JV info of mines for submission to SC
The details have been sought from government allocatees of coal blocks allotted between 1995 and 2007 which are operational or are likely to commence output in FY'15.
CCEA meeting
04 Sep 2014
CCEA meeting on disinvestment cancelled
The government on August 27 deferred a decision on its stake sale in three PSUs — ONGC, Coal India and NHPC as Finance Minister Arun Jaitley was not in town.
Sick PSUs
08 Aug 2014
SAIL, BHEL, HMT identified to takeover three sick PSUs
Government has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT.
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