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......

Government gets bullish on divestment

Lines up seven OFS issues along with half a dozen IPOs for the next few months The government seems to be taking a proactive approach towards divestment this financial year. While the Centre has......

'We used Gandhigiri to shame defaulters'

‘The major success behind our robust recovery performance has come from our war room.’ ‘It is a small set of six-seven people that monitor (NPA) accounts. They help branches and......

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......