Page 6 - Disinvestment

Centre has officially announced 'sale' of India, says CPI(M) on NMP

The CPI(M) on Tuesday alleged that the Centre with its decision to monetise its assets across key sectors has "officially" announced the "sale of India"

'Modi govt in process of selling India's crown jewels,' says Rahul on NMP

Congress leader Rahul Gandhi on Tuesday questioned the move of the government to monetise its assets across key sectors, saying all assets created in the last 70 years are being sold

Legalised loot, organised plunder: Cong on National Monetisation Pipeline

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

Top headlines: FM gives Sept 15 deadline to Infy; Eicher re-appoints Lal

Business Standard brings you the top stories this evening

The Rs 6-trillion challenge

Aggressive asset monetisation can help push growth

Govt permits 100% FDI in oil & gas PSUs approved for disinvestment

"The above decision will take effect from the date of FEMA notification," an official statement said

Strategic divestment: Valuation of companies caught in the crosshairs

Forces govt rethink on NINL valuation, delaying sale

No likely impact of Cairn, Devas lawsuits on AI disinvestment process: Govt

Air India is a separate corporate entity with its own management, board so there is "no likely impact" on its ongoing disinvestment process due to lawsuits filed by Cairn, Devas said VK Singh

Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

Creditors got Rs 2.45 trn from 394 resolution cases under IBC: FinMin

Amount realised in top 100 CIRPs is Rs 2.37 trillion, over 36% of admitted claims

Centre likely to receive 30% more from infrastructure asset sale

Final list may be sent to ministries by month-end

Disinvestment: Shipping Corp opens virtual data room for potential bidders

Disinvestment-bound Shipping Corporation of India on Monday said it has opened the virtual data room for potential bidders.

74% companies plan to divest non-core assets in 24 months: EY India survey

Survey highlights that a key challenge faced by CEOs today is identifying the right time to divest assets as 70% of surveyed firms said they held on to assets for too long

Market valuation too demanding; divestment target may not be met: Nomura

Valuation of Indian stock market at 22.5 times fiscal 2021-22 (FY22) earnings is too demanding, said analysts at Nomura

Rs 1.75 trillion disinvestment target on track, says CEA Subramanian

The target of mopping up Rs 1.75 trillion from disinvestments of some of public sector companies, including LIC and BPCL during current fiscal, is on track and groundwork is being prepared for goal

Rs 1.75-trn disinvestment target on track: CEA Krishnamurthy Subramanian

On the Covid-19 pandemic, Subramanian said the impact of the second wave is lesser than that of the first one

Govt dials investors ahead of LIC's IPO; embedded value expected by August

Preliminary presentation made on insurer's prospects

Cabinet note issued for 100% FDI in oil PSUs marked for disinvestment

Cabinet approval would facilitate privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd.

Air India to sell real estate assets; may garner up to Rs 300 crore

Disinvestment-bound Air India is looking to raise Rs 200 to 300 crore by selling commercial and residential real estate assets in different parts of the country.

Govt proposes one-year retention for Air India staff after privatisation

Draft RFP sets a precedent for all state-owned firms on the block