Disinvestment secretary Sunil Mitra will be the new revenue secretary in place of P V Bhide, who retires on January 31. The name of Mitra, a 1975 batch IAS officer from West Bengal cadre, was......
The government on Friday said it is expecting to raise about Rs 8,100 crore (Rs 81 billion) from the five per cent stake sale in power PSU NTPC through a Follow-on Public Offer (FPO). "We......
The government on Monday rapped state-owned BSNL for poor financial performance and made a case for disinvestment in the telecom PSU through an initial public offer. "I hope BSNL IPO happens in......
The finance ministry is keen on selling stakes in Oil and Natural Gas Corporation and Indian Oil Corporation but follow-on public offers in the two bluechip PSUs are unlikely as unresolved issues......
Encouraged by the outcome of earlier initiatives, the Centre is preparing a roadmap to take the disinvestment process forward over the next two years. "We should be ready with an action plan by......