Two decades ago when the finance ministry discovered 'divestment' as a way of raising revenue from the sale of public sector equity to private entities, the Indian Left saw this as privatisation......
State-run Power Finance Corporation (PFC) on Thursday said it has appointed four merchant bankers - Goldman Sachs, JM Financial, DSP Merill Lynch and ICICI Securities - to manage the Rs 5,600 crore......
The government on Thursday approved follow-on public offer of the state-run lending agency Power Finance Corporation worth about Rs. 5,732 crore (Rs. 57.32 billion).The exact amount to be raised......
The Union government has planned to pay brokers a commission to encourage staffers in divesting public sector units (PSUs) to subscribe to these issues. The divestment programme planned for this......
After a hiatus of nearly two decades, the government's CPSE privatisation programme started off with flying colours with Tata group buying the debt-laden national carrier Air India. Illustration:......