Power ministry revives divestment plans

The prospect of a revival of the disinvestment agenda has prompted bureaucrats in the power ministry to revive plans for utilities to raise money from the markets, so that the government gains the......

Seven power PSUs to list by '06

The next few months are likely to see a flurry of power utility public offers as the power ministry has set December 31, 2006 as deadline for listing seven public sector undertakings under it.These......

It's the festive season for initial offers, too

The mad rush of 2006 may still be a distant memory, but India Inc is trying hard to make up for lost time as far as raising money from the capital market is concerned. Last month saw 30 companies......

PM hints at PSU divestment in Budget '09-'10

Prime Minister Manmohan Singh on Thursday indicated that the full Budget for 2009-10 may announce a disinvestment of government stake in public sector companies. "Fiscal prudence and disinvestment......