20 years later: India's privatisation story off to 'Maharaja' start

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:......

Govt clears IOC, Bhel stake sale; to get over Rs 7,300 cr

The government on Friday cleared disinvestment in two bluechip state-owned companies IOC and Bhel, which would fetch over Rs 7,300 crore (Rs 73 billion) to the exchequer in the current fiscal. The......

ONGC share sale may open on Sep 20

Oil and Natural Gas Corporation's much-delayed Rs 12,000 crore (Rs 120 billion) follow-on public offer may open on September 20 or 27."ONGC Board approved the red herring prospectus on Monday,......

ONGC again delays Rs 11,500 cr public offer

The much talked about Rs. 11,500 crore (Rs. 115 billion) share sale of state-run Oil and Natural Gas Corp has been deferred again and is unlikely to hit the market before mid-August.The public......