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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   


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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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 …

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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 …