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Privatisation of PSUs News

Finance Ministry

24 Oct 2016

PSU disinvestment: Cabinet to consider 5 methods for strategic sale valuation

The finance ministry is likely to propose to the Cabinet at least five different methods, including relative peer review and discounted cash flow, for valuation of over a dozen PSUs across sectors identified for strategic stake sale.

03 Sep 2015

Assocham advises central trade unions to call off strike

The apex body Assocham estimated a hefty loss of about 25,000 crore due to the ongoing strike by the central trade unions.

02 Sep 2015

Bharat Bandh: Strike affects clearing business at banks

Normal working at banks was affected on Wednesday due to a nationwide strike called by 10 central trade unions, although the staff of SBI, IOB, ICICI Bank, HDFC Bank and Axis Bank stayed away from the agitation.

01 Sep 2015

Reasons behind Sept 2 Bharat Bandh

Essential services are likely to be impacted tomorrow with 10 central trade unions going ahead with one-day nationwide strike to protest against changes in labour laws.

Govt stake sale

30 Aug 2014

Govt stake sales in state companies in 2-3 months: official

India will sell part of the government`s stake in some state-run companies in the next two to three months, Finance Secretary Arvind Mayaram said on Saturday, without naming any company.

Department of Disinvestment

17 Jul 2014

DoD plans SAIL stake sale in Sept; ONGC, power cos to follow

The government will kick off its big-bang disinvestment drive with 5 percent stake sale in SAIL in September, followed by ONGC and power sector PSUs like REC, PFC and NHPC.

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