Govt proposes to mop up Rs 10,165 crore from disinvestment
Govt today proposed to mop up Rs 10,165 cr by selling its stake in profit-making public sector enterprises in 2008-09. Budget 2008 Analysis: Ernst & Young
Strategic sale in 13 PSUs called off
The UPA government has taken no decision for disinvesting in any public sector enterprises, though it has set a target of Rs 4,000 crore for the fiscal from this route.
Disinvestment as a tool to shore up revenue
Apart from finding resources for expenditure plans, disinvestment can be an effective way to enforce market discipline in PSUs
PSUs may be given sell orders soon
CCEA to take up proposal making it must for profitable state firms to float 10% stake. Realtive Valuation of Cos I Top 5 mid-term stocks | How India Inc fared in Q2 of FY10
National fund gets off block for social sector
The Cabinet today approved the proposal to operationalise the National Investment Fund (NIF) that will provide funds for social sector projects.
Disinvestment only when market conditions favourable: FM
FM Pranab Mukherjee has said that the government will not go ahead with the disinvestment programme in state run firms until market conditions are favourable.
Selloff's back in business: PM Flags off Divestment programme
Prime Minister Manmohan Singh on Thursday put an end to dilly-dallying on divestment in public sector companies by approving a plan to part sell shares in them.
Disinvestment road map in 3 months
Putting an end to speculation over the government’s agenda on disinvestment, senior finance ministry officials said the government will have a road map in place in about three months, and that it is exploring the option of tweaking the rules that govern the use of these funds.
Govt clears stake sale in Nalco, Neyveli
The UPA government on Thursday showed fresh resolve to move forward on critical reforms by pushing for divestment in profitable public sector undertakings and to allow import of foodgrain and sugar by private trade at zero duty.
Hyundai bags gold trophy at EEPC Awards for 2005-06
EEPC on Friday adjudged Hyundai Motors India Ltd (HMIL) as the top exporter for 2005-06 in the large enterprise category.
NREGA freeze frees funds for health, education
The unspent funds in government's various flagship schemes in the current year has led the government to keep budget allocations for these schemes stagnant while step up spending in other social sector schemes even with a modest 3.4 % increase in overall budgeted expenditure in 2011-12.
Controversy could check the pace of further reforms
It took the Employees Provident Fund Organisation (EPFO) a lot of convincing and efforts to finally entrust the task of managing part of its corpus to multiple asset management firms.
Little headway made on divestment
There was more smoke than heat in the year gone by so far as disinvestment was concerned, with the Left Parties' stalling government's move to offload stake in profit-making Navratna PSUs.
Centre gets over Rs 51K cr from divestment
The govt has mopped up Rs 51,600 cr by divesting its stake in CPSEs and strategic sale of PSUs. Analysts' Picks I Penny-pinching ideas for '08
Govt may offload 10% equity in OIL
The government is likely to clear a proposal to offload 10% of its equity in Oil India, a state-owned oil company.
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