Inching towards achieving the budgetary estimates of raising Rs 40,000 crore (Rs 400 billion) from PSU disinvestment in FY 10-11, the Centre on Wednesday indicated that the follow-on public offer......
Divestment in 8 firms this year; dept may miss Rs 400 billion (Rs 40,000 crore) target. With recent issues from state-run companies receiving lukewarm response from the markets, the government has......
Work on disinvesting government holdings may gather pace after the first week of August. Administrative ministries of around 15 Public Sector Undertakings have been asked to give feedback on the......
The government on Wednesday decided to speed up the process for appointment of merchant bankers for its Rs 400 billion (Rs 40,000 crore) divestment plan. Appointment of market intermediaries will......
Taking forward the drive to sell stake in state-owned firms, the Finance Ministry has asked the Ministry of Steel to divest about 10 per cent of its stake in RINL within next two years and list the......