Page 9 - Disinvestment

New tack on economic policy: Why's Modi govt going against its natural instinct?

The promise of a less suspicious govt is surprising. What about the disconnect between the new business stance and earlier push to dictate the narrative in politics and public life, wonders T N Ninan

Govt's divestment plan for Shipping Corp is not going to be easy sailing

An asymmetric tax policy and the Navaratna's own fleet quality could make potential buyers wary

Govt may pare 1-2% SUUTI stake in Axis Bank to meet disinvestment targets

Proposed move may fetch Centre Rs 2,300 crore

Privatisation: But from which PM Modi?

Human memory is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor "doing business" climate, taxtortion, extortionate oil prices

Govt eyes different monetisation models to raise resources for investments

Unlike privatisation, monetisation of assets does not require transfer of ownership to private hands; instead, projects are vested with a trust or a private operator

Defending the pvt sector

Govt must strengthen the overall regulatory framework

Centre's plan to club unviable airports unlikely to enthuse investors

Airport monetisation is a crucial component of the Centre's aggressive asset monetisation plan unveiled by Union Finance Minister Nirmala Sitharaman in the Budget for 2021-22

Govt set to divest stake in defence PSUs Garden Reach, Mishra Dhatu

The government has already invited preliminary bids to sell its 26 per cent stake in BEML along with transfer of management control

Disinvestment calendar will work well, non-tax revenues to improve: FM

Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will "work well".

Niti Aayog's next list of cos for disinvestment in few weeks: Rajiv Kumar

Kumar expressed hope that the proposed asset reconstruction and management companies to address banks' bad loan woes will do a good job like the UTI

Govt likely to fetch around Rs 15,000 crore from sale of Air India

Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. The Tata group is being considered a frontrunner for acquiring Air India

Best of BS Opinion: Defence budget, policy on disinvestment, and more

Here are the top BS Opinions of the day

Raising funds from investors will be easier: Helios Capital's Samir Arora

FDI in the insurance sector is very realistic, says Samir Arora

Budget proposes astute reforms, simultaneous action for supply and demand

Kudos to the Finance Minister for opening up all the taps to invest in infrastructure, writes Shailesh Haribhakti.

Budget bets big on growth: FM squeezes subsidies, raises capex again

Asset sale to get Rs 1.75 trillion; transparent budgeting gets a leg-up

Reform within status quo

The finance minister has worked hard to present a Budget that has boosted sentiment

Budget 2021: We have spent, we have spent and we have spent, says FM

She also said increased spending and high market borrowings led to a significant widening of the fiscal deficit

Disappointed over govt policies on FDI, disinvestment in Budget 2021: BMS

RSS-aligned Bharatiya Mazdoor Sangh (BMS) expressed disappointment over government's budget proposals with regard to disinvestment and foreign direct investment especially in the insurance sector.

Budget is a bold gambit with focus on growth without any increase in taxes

With the economy likely to grow at a nominal growth of between 15-16 per cent, the tax revenue increase of 16.7 per cent appears fairly achievable

FY22 disinvestment target at Rs 1.75 trn; financials a strategic sector

This includes two PSU banks and one general insurance company, in the next fiscal year beginning April 1