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The Divestment Development
July 30, 2002
• Privatised PSUs may go on hiring spree: Shourie
July 27, 2002
• NFL selloff not to await fert policy
July 26, 2002
• Govt plans big push to privatisation drive
• Govt pursuing 31 divestment cases, says Shourie
• GE Shipping to bid for SCI alone
July 24, 2002
• Cabinet to decide on BPCL IPO before selloff
• Oil firms' selloff calendar ready
July 23, 2002
• CCD may okay strategic sales in BPCL, HPCL
July 18, 2002
• HPCL, BPCL divestment decision in 10 days
July 16, 2002
• Centre nets Rs 113.55 bn from divestment
July 12, 2002
• Govt mulls firm to manage state assets
July 11, 2002
• Govt approves strategic sale in Manganese Ore
• Govt to complete NALCO pie sale in 6 mths
July 10, 2002
• India can beat 02-03 privatisation target: Shourie
• Govt to consider strategic sale in NALCO on Thursday
July 9, 2002
• Govt allows foreign funding for privatisation
• DoD moots skimming oil PSUs' cash reserves
July 4, 2002
• Govt allows external borrowing to fund acquisitions
June 28, 2002
• CCD to finalise ITDC hotels sale on July 2
June 25, 2002
• Eros highest bidder for Kanishka Hotel
June 21, 2002
• No stripping of reserves before divestment
June 20, 2002
• Price bids for SCI in Aug; privatisation in 3-4 months
June 13, 2002
• Govt to wrap up stake sale in Hind Copper by Oct
• Divestment train hits slow track
June 12, 2002
• Govt approves $138 mn aid plan for Hind Copper
June 6, 2002
• BJP for provisions to check fund diversions
• CGD clears divestment of MOIL
May 31, 2002
• Govt may call final bids for SCI in June
May 30, 2002
• Privatisation, remedy for stock market drought
• Privatisation panel likely to meet on Friday
May 27, 2002
• Naik denies stake sale in IOC, GAIL, ONGC
May 24, 2002
• Govt sells 2 more ITDC properties
May 22, 2002
• Second ITDC hotel sold to foreign buyer
May 21, 2002
• Reliance open offer for IPCL on May 24
• Reliance to cover IPCL cost in 2 years
• RIL bid not overpriced: Analysts
May 18, 2002
• HC spikes Centre's Jessop plea
• Reliance bags 26% stake in IPCL
May 17, 2002
• HPCL, BPCL divestments on track
May 16, 2002
• Govt likely to finalise IPCL sale on Saturday
May 15, 2002
• Govt expects Rs 32 billion from Maruti sale
May 14, 2002
• Government clears divestment in Maruti Udyog
May 11, 2002
• Legal wrangles slowing down divestment process: Baijal
May 10, 2002
• Centre to take Rs 219 cr hit on NJMC selloffk
May 8, 2002
• Divestment of ITDC hits roadblock
May 7, 2002
• Fund managers bet on India's revived privatisation
May 6, 2002
• ONGC may bid for HPCL, BPCL
May 3, 2002
• Hectic quarter ahead for divestment department
• ONGC teams up with Indian Oil for IPCL bid
May 2, 2002
• Reliance still in IPCL race: Baijal
April 30, 2002
• Govt to divest 32 PSUs this year: Shourie
April 29, 2002
• India's first privatisations score early goals
• Videocon plans to bid for HPCL, BPCL
• IOC, Reliance, Nirma put in price bids for IPCL
• No divestment in IOC, ONGC, GAIL & OIL : Shourie
April 26, 2002
• Nalco not to be privatised: Paswan
April 25, 2002
• Govt flayed over land valuation in PSU sale
April 23, 2002
• Parliamentary panel criticises SCI privatisation
April 22, 2002
• 'Govt not studying NLC divestment proposal'
April 18, 2002
• Govt says Reliance still in race for IPCL stake
April 17, 2002
• ONGC can bid for IPCL, says Naik
April 16, 2002
• Supply deals pave way for IPCL privatisation
• IOC, ONGC to bid jointly for IPCL pie
April 12, 2002
• Govt invites initial bids for Mecon
• Aban plans bid with Qatar Shipping for SCI
April 11, 2002
• Sterlite acquires 26% stake in HZL
April 8, 2002
• Govt invites IPCL bid price next week
• Privatisation plans moving forward: Shourie
April 5, 2002
• Govt invites initial bids for Hindustan Copper
April 4, 2002
• Govt sets May 17 deadline for EIL initial bids
April 3, 2002
• Govt to wrap up Maruti, IPCL sell-off in one month
• Shine restored to India's divestment drive: Baijal
March 27, 2002
• CMC eyes margin growth, expansion, merger
• Govt sells 26% HZL stake to Sterlite for Rs 4.45 bn
March 21, 2002
• Indo Gulf says bids for Hind Zinc stake
• Govt, Suzuki pact over Maruti rights issue
March 20, 2002
• Privatisation gains speed after lost decade
• Maruti privatisation to give Suzuki freer hand
March 19, 2002
• LS members oppose move to privatise NLC
March 16, 2002
• PM defends divestment of profit-making PSUs
March 15, 2002
• Govt completes sell-off in 42 CPSEs
March 8, 2002
• Calcutta HC puts Jessop privatisation on hold
March 5, 2002
• French firm Pechiney eyes NALCO pie
February 27, 2002
• Draft transaction paper for HZL sell-off ready
• Govt sells 72% in Jessop to Ruia Coatex
• All PSUs, save IOC, may bid for HPCL, BPCL
February 26, 2002
• Govt to finish Maruti stake sale by end-March
February 25, 2002
• Malaysia's MISC eyes Shipping Corp
February 23, 2002
• Govt not in a hurry to sell Jessop: Shourie
February 22, 2002
• IPCL, HZL to be divested before March
February 20, 2002
• 'No plans to divest MTNL, BSNL'
• Govt invites bids for STC sell-off
February 19, 2002
• IOC seals IBP deal for Rs 11.54 bn
• Mittal is 'open' to MTNL stake buy
February 18, 2002
• 6 bid for 51% of govt's stake in SCI
February 14, 2002
• Govt sells Paradeep Phosphates for Rs 1.52 bn
February 13, 2002
• Tatas not to lay off VSNL employees
• Tatas take over management control of VSNL
• Govt to sell MTNL, BSNL, but timing not decided: Mahajan
• Maruti, 4 PSUs to be privatised this fiscal
February 12, 2002
• Govt, Suzuki start talks for Maruti divestment
• Govt sets ambitious selloff target for 2002-03
• Govt to wrap up Nalco stake sale in 3-4 mths
• PPL selloff decision on Feb 14
February 11, 2002
• Zuari alone bids for Paradeep Phosphates
February 9, 2002
• Monopoly bar must be uniform: IOC
February 7, 2002
• VSNL sale transforms India's telecom sweepstakes
• India oil sale offers big market to investors
February 5, 2002
• Govt sells IBP to IOC, Tatas bag VSNL
• Tata group bid Rs 202 per VSNL share
• Govt to divest equity in HPCL, BPCL next fiscal
• Radisson group bags Centaur Airport Hotel
• Tata plans open offer after VSNL purchase
February 1, 2002
• Maruti sell-off talks may start next week
• Sterling pulls out of race for VSNL
January 31, 2002
• Reliance, IOL among IBP bidders
• Govt to invite VSNL bids on Feb 1
• Delhi HC rejects Modicorp petition on VSNL divestment
January 29, 2002
• ITDC hotel employees on strike to protest divestment
January 28, 2002
• Government to invite IPCL bids in early Feb
• HC reserves order on Modi's plea on VSNL divestment
January 22, 2002
• Govt to invite bids for Hindustan Zinc by end-Feb
January 16, 2002
• Govt invites bids for Hindustan Newsprint, Paradip Phosphates
• Way cleared for privatisation of MUL, PPL and Jessops
• CCD finalises 5-point plan to divest more PSUs
January 14, 2002
• SC dismisses PIL challenging Centre's divestment policy
• Govt to accept VSNL bids from Jan 26
• CCD meet postponed to Jan 18
January 10, 2002
• Govt holds divestment of ITDC's Samrat Hotel on security reason
• Planning Commission for delinking divestment from GBS
January 9, 2002
• Bidders to complete IPCL due diligence by mid-Feb
• Govt to divest in 13 more PSUs this year
January 8, 2002
• ModiCorp, BPL bid for 25% VSNL pie rejected
• Govt to soon invite bids for IBP, VSNL, ITDC
January 7, 2002
• Tatas decide to go solo for VSNL
January 5, 2002
• Govt may not allow solo bids by BPL, Modi for VSNL
January 3, 2002
• ModiCorp approaches DoD for VSNL pie
• More...
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