Budget: FM may raise divestment target for 2018-19 to Rs 100,000 crores

This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre’s two exchange-traded funds, buybacks and......

2017-18 divestment proceeds may exceed Rs 72,500 crore

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore. Illustration: Dominic......

Why real estate firms are staying away from rolling out IPOs

Property sales have been sluggish and the sector has been facing headwinds. So, firms are in wait-and-watch mode. While 26 companies rolled out Initial Public Offerings (IPOs) of shares in the......

Govt's 15% stake sale in NBCC gets going

The government's 15 per cent stake sale in construction company NBCC on bourses took off on Thursday, with over 50 per cent of the shares reserved for institutional investors getting subscribed in......