Page 3 - Privatisation

States to get matching amounts from Centre for SPSEs' privatisation

The Centre has allocated Rs 5,000 crore for disinvestment of SPSEs and asset monetisation

Centre seeks to grant bank licence to PSBs to enable privatisation

The government is exploring several options to address the issue for enabling privastisation of PSBs

PSUs face further investment apathy; privatisation may struggle: Analysts

The bulk of the earnings reduction over the past two months for the Nifty-50 index, according to KIE, has come from the government's decision to levy new taxes

Trust between Centre and states intact in GST Council: FM Sitharaman

In an exclusive interview with BS, Sitharaman said the first quarter lethargy is something which the Centre and the states will have to work on

IDBI Bank sale: RBI may not relax stake-dilution timeline for new buyer

Govt intermediaries sought exemptions in IDBI bank sale under RBI rules, which require promoters' shareholding to be reduced by 26% post acquisition

BPCL winds up data room after govt puts off privatisation plan

BPCL had in April last year opened a virtual data room, mostly containing financial information on the company, for the qualified bidders signing Confidentiality Undertaking

CPSEs to execute sale of units having Cabinet nod for privatisation: DIPAM

Those transactions for which Expression of Interest (EoI) have been issued will continue to be handled by the Department of Investment and Public Asset Management (DIPAM)

Ferro Scrap Nigam privatisation: Deadline to submit bids extended again

The last date for submitting initial bids for the privatisation of FSNL has been extended to June 17

Moody's upgrades BPCL outlook to 'stable' as govt calls off stake sale

The rating agency affirmed BPCL's Baa3 issuer rating reflecting its position as the second-largest state-owned refining and marketing company in India

Privatisation process of two PSBs at advanced stage, says DFS Secy Malhotra

While NITI Aayog has suggested names of two banks for privatisation, Centre is yet to make a provision for the divestment of govt stake sale below 51%

Single bid for BPCL wouldn't have helped fetch a better price: DIPAM Secy

Tuhin Pandey says LIC investors should be patient and look at the insurer's long-term prospects

How close is the govt to its divestment target for FY23?

After missing disinvestment target for three years, will the govt be able to nail it this financial year? How are things progressing for the Centre's divestment and privatisation plans? Let's find out

Govt calls off BPCL privatisation process, will do 'comprehensive review'

Decision on restarting the process to be taken in due course post review

Know your bidder

Govt must develop capacity for privatisation

Govt withdraws offer to sell its entire 53% stake in BPCL

Majority of bidders expressed inability to participate in the privatisation, says govt

Top Headlines: PSU privatisation, InterGlobe-UPS joint venture, and more

Business Standard brings you the top headlines at this hour

PSU privatisation: Centre asks for legal declaration from bidders

An entity, which is disqualified, will not be allowed to participate merely because it has filed an appeal against an adverse order

Best of BS Opinion: Ukraine's hidden weapon, Political free-riding & more

Here are the top BS Opinion articles of the day

The LIC way or the Air India way: A tale of two suboptimal paths

One path waits for the company to go bankrupt while the other continues to subject it to government whim, writes T N Ninan

BPCL privatisation hits hurdle, as only one bidder remains in fray: Report

Privatisation of BPCL, which was dubbed India's biggest ever, has been stalled with just one bidder left in the fray after two others walked out over issues such as lack of clarity in fuel pricing