Page 15 - Disinvestment

The structure of asset sale

A vital question for the government, however, is whether it wants to pursue both equity disinvestment in PSUs and asset sale, simultaneously, and whether one company can figure in both programmes

Divestment: Questions still remain on privatisation and asset monetisation

While DIPAM can still meet or come close to the divestment target of Rs 1.05 trillion, it may not be on the back of strategic sales or asset monetisation

Meeting Rs 1-trillion divestment target plausible, say investment bankers

The ETF component is expected to form a considerable chunk of this fiscal's disinvestment proceeds

From THDC India to Neepco, govt plans to list 10 PSUs this fiscal year

Without off-Budget borrowing, fiscal deficit would have been 3.55 per cent: Finance secretary

Govt plans to raise $47 bn through disinvestment in next 5 years: Report

The plan will open up a steady stream of state companies to greater private investment, and target the kind of annual divestment revenue that will be crucial to meet fiscal deficit targets

Chidambaram not on board in Opposition's divestment protest against govt

In the Budget, Finance Minister Nirmala Sitharaman has set a disinvestment target of Rs 1.05 trillion for the current fiscal year

Budget impact: Govt may use MF route to meet disinvestment target

FoF are subject to higher short-term capital gains tax, given these are not treated as equity-oriented schemes for taxation purpose

Govt likely to give up direct controlling stakes in ONGC, IOC, NTPC, GAIL

Finance Minister Nirmala Sitharaman last week set a record Rs 1.05 trillion ($15 billion) asset sales target in the year started April 1

Madhya Pradesh assembly session: 'Anything can happen' in coming days

Bharatiya Janata Party has instructed its MLAs in Madhya Pradesh to ensure 100 per cent attendance in the state assembly during the ongoing session

Modi govt exploring opportunities for more mergers in energy: Dipam secy

FM Sitharaman said strategic disinvestment of select central PSUs would remain priority for this government

Budget 2019: Air India sale on cards, govt hikes divestment target for FY20

Will also offer more CPSEs for strategic participation by the private sector

Budget 2019: Govt's FY20 divestment target hiked to Rs 1.05 trillion

FM says govt to continue with strategic divestment of select CPSEs; strategic disinvestment of Air India also to be re-initiated

How Centre achieved divestment target despite volatile market conditions

Disinvestment proceeds are key for the government's finances as they help bridge the fiscal deficit

Govt considers selling stake in weak banks, raise funds for rural housing

Proceeds will be used to fund Prime Minister Narendra Modi's rural housing program.

Strategic sales sans strategy

Modi government experimented with different types of sales of its shares in PSUs to boost disinvestment receipts

Govt crosses divestment target for 2nd year in a row; rakes in Rs 85,000 cr

In FY18, Centre raised Rs 1 trn, compared to a budgeted target of Rs 72,500 cr

Govt exceeds FY19 divestment target by Rs 5,000 cr, rakes in Rs 85,000 cr

The govt has mopped up Rs 9,500 crore from the fifth tranche of CPSE ETF and Rs 14,500 crore from the REC-PFC deal

Govt's disinvestment proceeds touch Rs 53,558 crore in current fiscal year

The additional offering of Bharat-22 Exchange Traded Fund (ETF) garnered about Rs 10,000 crore to the exchequer

Government may miss disinvestment target by Rs 20,000 cr, says report

On an average, the government has achieved nearly 65 per cent of the budgeted divestment target between FY14 and FY17

Govt confident of crossing disinvestment target, hopes to garner Rs 850 bn

Senior government sources said buybacks by public sector units could get the exchequer between Rs 120 billion and Rs 150 billion