Last Updated: Wednesday, December 18, 2013, 12:04
The government's ambitious disinvestment target for 2013-14 was left stranded after few initial PSU stake sales.
Last Updated: Friday, December 13, 2013, 16:33
Government expects to raise about Rs 2,000 crore through disinvestment of state-run hydro power producer NHPC, Parliament was informed on Friday.
Last Updated: Monday, December 09, 2013, 21:30
The government will garner about Rs 18,000 crore from seven approved disinvestment in public sector units and an Exchange Traded Fund (ETF).
Last Updated: Monday, December 09, 2013, 16:23
Finance Minister P Chidambaram has been repeatedly stressing he will meet the fiscal deficit target of 4.8 percent of the GDP in this fiscal, but HSBC said the spending- revenue gap may overshoot to 5.1 percent.
Last Updated: Tuesday, December 03, 2013, 18:43
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore target in the current fiscal.
Last Updated: Monday, December 02, 2013, 15:53
The government has budgeted to raise Rs 40,000 crore from minority stake sale in PSUs in the current fiscal.
Last Updated: Sunday, December 01, 2013, 12:07
Various aspects of the disinvestment are likely to be taken up, including the proposed strike that was deferred to December 17 from September 23, he added.
Last Updated: Sunday, November 24, 2013, 11:35
A panel of ministers on disinvestment is likely to meet on Friday to decide on the price band for PGCIL disinvestment, which is expected to raise around Rs 7,400 crore at current stock price.
Last Updated: Monday, November 18, 2013, 20:33
Earlier in August, the Cabinet had deferred a proposal for divesting government stake through the offer for sale (OFS) route.
Last Updated: Monday, November 18, 2013, 17:56
"Promotional roadshows were last week held in US and London. They will now be held in Singapore and Hong Kong beginning tomorrow," an official said.
Last Updated: Tuesday, November 12, 2013, 09:29
Government will on Tuesday begin roadshows in US for sale of its 10 percent stake in nation's largest oil firm, Indian Oil Corp (IOC), that may fetch as much as Rs 3,900 crore.
Last Updated: Monday, November 11, 2013, 20:30
Roadshows are planned in United States and London this week, sources with direct knowledge of the development said.
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