Page 14 - Disinvestment

Shipping ministry not opposed to strategic divestment of SCI: Official

The Shipping Ministry in 2017 had opposed the proposal of the strategic divestment of SCI

BPCL privatisation: No Cabinet decision yet on govt's disinvestment plans

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week.

Exit from 51 PSUs can fetch govt 7 times disinvestment goal of Rs 1.05 trn

Strategic buyers to be key for realising optimum valuations

Tread warily on privatisation

Privatisation that is not carefully designed does little to help the economy - and it can be politically costly

T K Pandey appointed new disinvestment secy; Ashok Malik advisor to MEA

Some disinvestments, including strategic sale of BPCL, are on the cards. The Cabinet has okayed the new policy to make Dipam as the nodal department for disinvestment

CCEA may consider govt's stake cut in some PSUs to below 51% next week

This move is different from privatisation as the Centre will continue to hold a majority stake in these companies and they will still be classified as public sector enterprises

IRCTC IPO opens Monday. Here's why analysts suggest subscribing to it

The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20 (FY20).

As many as 11 IPOs in the pipeline, says Dipam's Dheeraj Bhatnagar

The Centre has set itself a target of raising Rs 1.05 trillion by way of disinvestment, in FY20

Govt speeds up divestment plans on upbeat sentiment after tax cut

Sources also said the prevailing market sentiment, if it holds, would be conducive to the Centre's strategic sale and asset monetisation

Letter to BS: Proposal to arm Dipam for disinvestment is a welcome move

It is often said that the government has no business to be in business but it has merely remained a statement till now

Streamlining disinvestment

Govt should go beyond making administrative changes

Best of BS Opinion: India's FTAs, misuse of agriculture credit and more

Here's a selection of Business Standard opinion pieces for the day

New proposal in works to give Dipam more power to carry out privatisation

Cabinet to discuss plan on strategic sale policy soon

BPCL jumps 7% on reports that the govt may sell stake to a pvt oil company

India is considering a plan to sell the nation's second-largest state refiner and fuel retailer to a global oil company, Bloomberg reported

Top 10 biz headlines: External benchmarking of rates, GST cut mooted & more

From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news

Best of BS Opinion: Disinvestment blues, sorry state of policing, and more

From how India could become the world's second largest e-bus market after China to police reform and the purchase of BPCL by IOC, here's a selection of Business Standard Opinion pieces for the day

OMCs slip up to 5% after reports say govt may sell stake in BPCL to IOCL

If the deal goes through, an IOCL-BPCL merger will be the third mammoth amalgamation of state-owned companies, excluding banks.

Top 10 biz headlines: BPCL stake sale likely, Aug auto sales plunge & more

From the govt planning to offload its Rs 40,000-cr stake in BPCL to four- and two-wheeler sales falling by almost half in Aug from the equivalent month last year, here are today's top business stories

Govt may sell entire stake in BPCL worth Rs 40,000 cr, IOCL likely suitor

If it goes through, an IOCL-BPCL merger will be the third mammoth amalgamation of state-owned companies, excluding banks, in three years

Top 10 biz headlines: RBI helps govt on fiscal deficit, IndiGo AGM & more

From RBI's surplus transfer helping the govt contain fiscal deficit at 3% of GDP in 2019-20 to India's leading PSUs facing financial headwinds, here are the top business headlines for Tuesday