No disinvestment in state-run firms until market conditions are favourable: Pranab Mukherjee
So far, the government has managed to raise only Rs 1,162 crore by selling 5% government stake in Power Finance Corporation.
Nova Medical to invest Rs 150 crore to open 7 centers by FY'14 end
Nova Medical Centers, a short- stay surgical care and fertility clinics firm today said it will invest around Rs 150 crore to open 7 new centres by the end of the current financial yea...
PSU sale proceeds to fund social schemes, revive ailing entities
Sale proceeds to be used for social sector schemes & reviving entities & not to reduce fiscal deficit, govt said. India's most admired marketing companies | Expect heavy inflows into com...
Disinvestment re-initiated; Govt targets Rs 1500 cr
Overcoming resistance from the Left Parties, government on Thursday virtually re-initiated the disinvestment process by targeting Rs 1500 crore funds for the National Investment Fund through IPOs of three public sector power companies.
SEBI includes National Investment Fund under QIBs
The Securities and Exchange Board of India has included the National Investment Fund in the definition of qualified institutional buyers.
NHPC IPO price band seen at Rs 30-36
Virtually flagging off the government’s disinvestment effort, the empowered group of ministers (eGoM) on Friday met to finalise the price band for NHPC’s initial public offering (IPO).
Government considering 10% stake sale in NALCO
The government is actively considering a 10 percent stake sale in state-run National Aluminium Co Ltd as part of its asset sale programme.
ONGC disinvestment process successful and satisfactory: S S Palanimanickam
The government has said that method for dilution of its stake in public sector enterprises will be decided on case by case basis.
You are out of sync: Pranab to Left parties
NEW DELHI: Finance Minister Pranab Mukherjee on Tuesday gave a tangy “you are out of sync” dose to the Left. Lashing out at the comrades over their anti-disinvestment stand.
APJ Abdul Kalam ropes in six IIM-A graduates
Abdul Kalam has emerged as one of the top recruiters of the students of IIM-A during the summer placement this year.
PSU recasts may hit govt coffers
Even as the fate of the National Investment Fund (NIF) is uncertain due to the derailment of the government’s disinvestment plans, the revival of sick public sector units may cost public exchequer a fortune.
Disinvestment process to start with listed cos: Finance Ministry
Finance Ministry said that the disinvestment programme will kick off with the dilution of govt equity in listed entities. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE
Winners take charge of the environment
Garnier and The TOI Take Care Take Charge (TCTC) initiative, pioneered last year in order to award and encourage ecofriendly ideas and concepts, once again made its way to Mumbai on Friday for the finals of its six-city drive.
We’ll exceed disinvestment target if markets remain buoyant: Ravi Mathur, Disinvestment Secretary
"The targets have to be achieved in the next eight months, so the road map will be drawn based on expected realisation and the need to space out the issues."
Indian innovators need to go after low-cost, high-value
NIF chairperson, RA Mashelkar, says young people working on an innovative idea risk a high failure rate and need to be encouraged through a change in the mindset.
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