You Searched For "Disinvestment" and got 20 results
Sort By:
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
1 min read
IDBI Bank disinvestment: Govt. may extend dateline for submitting EoIs
In October, the government and the LIC decided to offload a little over 30 per cent each in IDBI Ba…
ANI
1 min read
Govt raises over ₹4 lakh crores via disinvestment since 2014
The government has raised over ₹4.04 lakh crore through disinvestment and strategic sale of public …
PTI
3 mins read
Modi government’s itch to offload ₹40,000 crore Hindustan Zinc stake hints at a bigger deficit than initially anticipated
The Modi government seems to be hurrying to achieve its disinvestment target for FY23. As inflation…
3 mins read
OPINION: Indian government is still oiling the wheels for disinvestment of PSUs
Even after 6 years of the government providing an ‘in-principle’ approval for strategic disinves…
3 mins read
The Indian government is planning to sell its struggling national carrier for $1 billion next year — a much lower price than it had initially hoped for
Firstly, the government is desperate to cuts its losses and stop the bleeding from the exchequ…
5 mins read
2018 was a big year for mergers and acquisitions in India. Here are the top deals
This year proved to be quite a robust one for mergers and acquisitions for Indian corporates. Bu…
2 mins read
India’s largest fuel retailer is undertaking its biggest share buyback since 2001 in order to help the central government meet its disinvestment target
The move also includes a dividend payout of ₹6,75 per share, resulting in a total payout of ₹6…
2 mins read
The Indian government is selling a majority stake in Rural Electrification Corp in a deal that will create a power financing giant
The deal will also see the transfer of management control to PFC, which is India’s largest lend…
2 mins read
India’s government is selling a minority stake in the nation’s largest coal producer as it tries to meet its disinvestment targets for the year
The sale will not only help the government as it tries to meet its disinvestment target for the …
2 mins read
India’s largest insurer is bailing out a dying bank at the behest of the government
On July 16th, the board of the state-owned Life Insurance Corporation of India, the country’s large…
2 mins read
AI to “donate” its Maharaja Collection of 4,000 paintings
The Centre had ordered NGMA to collect the artwork as a donation from AI since it is the on…
2 mins read
Air India all prepared to treat its passengers like ‘Maharajas’
The first class and business class seats of the Boeing 777 and 787 aircraft fleet, which operate…
3 mins read
The Indian government is moving ahead with a plan to create a mega-insurer with a 35% market share
The idea behind the consolidation is to make all three firms stop competing with each other and…
4 mins read
No one seems interested in buying Air India
Jet Airways, India’s second-largest domestic airline, was reported to be mulling a joint bid wi…
5 mins read
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…
2 mins read
BEML divestment: Government to sell 26% stake, invites bids by March 1
As per the Preliminary Information Memorandum (PIM), non-operational or surplus land asset…
3 mins read
Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms
Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …
PTI
6 mins read
India hopes that more money will bridge the infrastructure gap but many believe that may not be enough
The Indian government is on the cusp of setting up a new bank that will raise money from big pensio…
2 mins read
LIC IPO to launch in October — Government may reserve 10% portion for policyholders
"It may happen after October... around Diwali," Pandey said in the interview. "This …