DIPAM ropes in L&L Partners as legal advisor for Concor divestment
The government holds 54.8 per cent stake in Concor, which comes under the railways ministry.
Chris Wood on top trends for the coming decade, market volatility & more
Watch: Chris Wood and ET NOW's Managing Editor Nikunj Dalmia discuss...
Divestment of Air India, BPCL not in national interest: Swadeshi Jagran Manch
The economic unit of RSS said the move to divest companies such...
Government raises Rs 2.79 lakh crore through divestment in last 5 years
The Minister said that the government follows a policy of disinvestment through minority stake sale and strategic disinvestment. So far, the government has given 'in-principal' approval for strategic disinvestment of 33 central public sector undertakings (CPSEs).
Modi considers easing foreign control rule to aid Air India sale
The govt may tweak "substantial ownership and effective control” clause that's keeping foreign suitors at bay.
Mamata Banerjee on divestment of PSUs: PM should’ve called all-party meet before taking such decisions
West Bengal CM Mamata Banerjee said disinvestment of PSUs cannot be a permanent solution, also added that PM Narendra Modi should’ve called ...
Shipping ministry not opposed to SCI strategic divestment: Secretary
The Shipping Ministry in 2017 had opposed the proposal of the strategic divestment of SCI, but has now agreed to the proposal of the group of secretaries for dilution of stake in the SCI.
NTPC may shell Rs 10,000 crore for Centre's stake in NEEPCO, THDC
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday cleared strategic disinvestment in the two hydroelectric power generating PSUs in favour of NTPC that is looking to expand its operations and boost the renewable portfolio.
ET Explains: The long and short of Modi govt's big-ticket privatisation drive
The move to privatise some of these big state-run firms reinforces Modi govt's reform credentials.
IOC, other PSUs not to bid for BPCL, hints Oil Minister Dharmendra Pradhan
The Cabinet on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and India's largest shipping company Shipping Corporation of India (SCI). It also approved privatisation of Container Corporation of India while also giving nod to paring stake below 51% in select PSUs but without losing control.
Lupin to divest entire stake in Kyowa for Rs 3,702 crore
The deal proceeds will be utilised to strengthen company's balance sheet.
Cabinet likely to consider proposal to bring down its stake below 51 pc in CPSEs soon
Last week, Finance Minister Nirmala Sitharaman said the government would move forward on the merger of the three state-owned general insurance companies -- National Insurance Company, United India Insurance and Oriental Insurance Company -- as announced in the previous Budget.
If any one divestment does not take place, we would run a big risk : Vikas Khemani, Carnelian Capital Advisors
If one of the disinvestments is successful, it could lead to a good re-rating of the rest of the pack.
Taking steps to protect interests of employees: Air India chief on divestment jitters
Air India chief Ashwani Lohani in a communication to the employees on Thursday, said, "Air India, your very own national carrier, is easily the most well-known Indian brand across the globe. It is incumbent upon all of us together to ensure that the brand retains its sheen even in the present testing times."
CLSA upgrades BHEL stock on divestment expectations
CLSA believes BHEL has a lot to gain from a strategic partner.
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