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NewsIndia disinvestment

India disinvestment News

government fund raising

15 Feb 2019

Govt gets Rs 10,000 cr from additional offering of Bharat-22 ETF

The additional 'on-tap' offering of Bharat-22 ETF was opened for a single day with a base issue size of Rs 3,500 crore and an option to retain over-subscription.

Atal Bihari Vajpayee

16 Aug 2018

Key economic decisions taken by Atal Bihari Vajpayee

Vajpayee continued with spirit of economic reforms introduced under PV Narasimha Rao government of 1991.

Disinvestment target

20 Feb 2017

'Govt may cross Rs 45.5K cr divestment target this fiscal'

The government hopes to overshoot the Rs 45,500 crore disinvestment target for the current fiscal amid strengthening of equity markets.

06 Apr 2016

BoB to convert Andrew Yule debt to equity; divestment on cards

The Government on Wednesday cleared conversion of Bank of Baroda's Rs 29.91 crore loan to Andrew Yule & Co into equity shares, paving the way for disinvestment of the Kolkata-based PSU in the next three months.

Equity issuances

28 Oct 2015

PSU disinvestment nets 71% of total fund raising in April-September

During April-September, government has raised Rs 12,600 crore through stake sale in four companies.

27 Oct 2015

Disinvestment shortfall not to upset fiscal deficit target: Arun Jaitley

There is no cause for concern on fiscal deficit and the government will meet its target for the current fiscal despite certain challenges on the disinvestment front, Finance Minister Arun Jaitley said on Tuesday.

Department of Disinvestment

29 Jul 2015

DoD says Rs 30,000 cr more realistic target for disinvestment

Asked to garner a massive Rs 69,500 crore this fiscal, the Department of Disinvestment has told Finance Ministry it may be able to raise only about Rs 30,000 crore given the volatile market conditions.

28 Jun 2015

Stable stocks to give divestment programme a big lift

The Cabinet approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC.

03 Jun 2015

'Disinvestment target of Rs 69,500 crore looks daunting'

Downturn in the stock markets on fears of a deficient monsoon and the impending hike in interest rates in the US will make it difficult for the government to meet its ambitious disinvestment target of Rs 69,500 crore for the current fiscal.

18 Mar 2015

BHEL disinvestment likely in April; may fetch Rs 3,200 cr

The government has firmed up a list of PSUs to be divested next fiscal, starting with BHEL in April, in a bid to meet the Rs 41,000 crore stake sale target for 2015-16.

State -run PSUs

09 Sep 2014

SAIL stake sale this month; more incentives for retail players

The government is proposing to offload 5 percent stake in SAIL this month and provide more incentives to retail investors to increase their participation.

05 Sep 2014

Baijal led IMG misled Cabinet Committee on disinvestment: CBI

The Cabinet Committee was chaired by then Prime Minister Atal Bihari Vajpayee and comprised of senior Cabinet Ministers along with Shourie who was the Minister of Disinvestment.

State -run PSUs

04 Sep 2014

SAIL, NTPC asked to give JV info of mines for submission to SC

The details have been sought from government allocatees of coal blocks allotted between 1995 and 2007 which are operational or are likely to commence output in FY'15.

04 Sep 2014

CCEA meeting on disinvestment cancelled

The government on August 27 deferred a decision on its stake sale in three PSUs — ONGC, Coal India and NHPC as Finance Minister Arun Jaitley was not in town.

08 Aug 2014

SAIL, BHEL, HMT identified to takeover three sick PSUs

Government has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT.

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