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You Searched For "divestment target" and got 15 results


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Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks

"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…

Filip De Mott   


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LIC IPO to be launched between Jan-Mar 2022

According to Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management…

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3 mins read

The insurance industry needs to stop funding fossil fuels and lead on the transition to clean energy, says COP26 panel

A UN Climate Change Conference panel will highlight which insurers are enabling fossil fuel project…

Karen K. Ho   


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Coal mining is the most carbon-intensive fossil fuel produced. How hard is it to transition from coal to meet sustainability goals?

Coal is one of the largest targets in the divestment movement and transition to cleaner energy. But…

Karen K. Ho   


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BP sells its petrochemicals business to rival INEOS for $5 billion — meets its divestments target ahead of schedule

The company said this move will further strengthen BP’s balance sheet and will deliver its targe…

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AISAM likely to take key decisions on Air India divestment on Saturday

The Centre's top group of ministers looking into Air India divestment is slated to meet on Saturday…

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The Indian government is trying to make its struggling national carrier an attractive acquisition target by selling off a profitable subsidiary

India’s central government is not ready to give up on its loss-making national carrier, Air India…

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India's largest-ever IPO may be shelved until next year

Finance Minister Nirmala Sitharaman while presenting the Budget 2020-21 had announced stake sale…

PTI   


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Kalpataru Power inks pact to divest entire stake in JKPTL

KPTL announced the execution of share purchase agreement to sell its entire stake in JKTPL to India…

PTI   


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BPCL divestment opens up to mixed reactions, but the company’s shares takes a hit

The government will be selling its 53.29% stake in BPCL to a strategic buyer, also giving up man…

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India wants to make up for missing its fiscal deficit target, to sell $730 mn stake in NTPC ahead of budget

The government, which owns almost three quarters of NTPC, will sell about 412.3 million shares by a…

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4 mins read

Income tax, bank recap, Air India, and 5G spectrum sale are some things to watch out for in Finance Minister Nirmala Sitharaman's first budget speech

Finance minister Nirmala Sitharaman will present her maiden Budget and millions of Indians will be …

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Indian government might not be able to close Air India BPCL divestments this fiscal

In what can potentially hurt the fiscal math for the ongoing fiscal, a senior government official…

PTI   


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Need to see how divestment process can move fast, says offficial

Mumbai, Dec 16 () The government's divestment target of Rs 1.05 lakh crore for 2019-20 is important…

PTI   


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3 mins read

Govt raises Rs 2.79 lakh cr through divestment in last 5 years

New Delhi, Dec 3 () The government raised Rs 2,79,622 crore from the disinvesment of public sector …

PTI