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Saturday, February 11, 2012

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Disinvestment

CIL workers to oppose disinvestment

Trade union CITU on Thursday claimed that workers of Coal India Ltd (CIL) would oppose disinvestment...

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Govt to dilute stake in Cochin Shipyard, SCI, DCI next fiscal

The Shipping Ministry is planning to dilute the government`s stake in three companies under it -- Co...

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Govt expecting Rs 24k cr from disinvestment

The government on Monay said 60 state-owned companies are likely to hit the capital market in the ne...

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Government to sell stakes in 60 PSUs

Finance Ministry is in talks with other ministries for selling stakes in around 60 PSUs in coming ye...

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Govt to sell state firm shares every 2-3 weeks: Paper

The government is expected to sell shares in 17 to 18 state firms in each of the next two fiscal yea...

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Documents on Rs 550 Cr BALCO disinvestment missing

Government tender documents and minutes pertaining to the Rs 551.5 crore disinvestment of the Bharat...

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Centre`s disinvestment roadmap to be ready by March 2010

Encouraged by the outcome of earlier initiatives, the Centre is preparing a roadmap to take the disi...

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Coal India pitches for 15% disinvestment

The Country`s largest coal producer, Coal India Limited, has proposed to the government that 15 per ...

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Disinvestment of REC, NTPC, SJVN to be completed by March: FM

Disinvestment in NTPC, REC and SJVN would be completed during current financial yr while process of ...

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No headway in BHEL disinvestment: Deshmukh

The government today said no headway has been made regarding the disinvestment of state-run power ...

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CIL to move SEBI for selloff guidelines

Coal India will soon approach the market regulator SEBI seeking clarity on whether the PSU can iss...

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SAIL, NMDC disinvestment proposal to go to cabinet in Dec

The proposal to divest govt`s stake in SAIL and NMDC is final and would be sent to Union cabinet nex...

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Talks on for selloff in 60 CPSUs: Disinvestment Secy

The disinvestment department on Friday said it is in talks with administrative ministries of 60 CP...

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Left parties to resist privatisation moves

Condemning the Union Cabinet`s decision to disinvest 10 percent shares in all profitable public sect...

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Sensex rallies on disinvestment proposal

After a sharp spike of 300 points and a breach into the positive zone, a key index of the Indian equ...

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All profitable PSUs to be listed, offload 10% equity: Govt

Clearing the suspension over the disinvestment process, the Centre on Thursday said that all profita...

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Planning Commission pitches for aggressive disinvestment

The Planning Commission on Wednesday pitched for "aggressive" disinvestment, and said the proceeds f...

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Govt mulls PSU disinvestment piggyriding on follow-on offers

The government will consider disinvesting its stakes in profitable listed public sector units when t...

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Finmin seeks steel min`s view on 15% NMDC stake-sale by Nov 5

The Finance Ministry has asked the Steel Ministry to give by November 5 its views on the proposed 15...

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NTPC stake sale to boost market sentiment: Analysts

The government`s nod for stake sale in state-run power utilities - NTPC and Satluj Jal Vidyut Nigam ...

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Govt to sell stake in NTPC, more PSUs on the block

Continuing with the its agenda of PSU divestment, CCEA on Monday, gave a green signal to divest a fu...

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MMTC sell-off possible only in next fiscal

The Disinvestment Department is working on a proposal to seek Cabinet approval for sale of governmen...

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Centre`s policy is to strengthen PSUs: Pranab

Describing reports that government was trying to privatise the public sector as a "malicious propaga...

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Govt to sell 5 percent stake in NTPC: Report

The government plans to sell 5 percent of its stake in power producer NTPC Ltd, through a follow-on ...

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Commmerce Ministry says yes to 10 pc sell-off in MMTC

The Commerce Ministry has consented to 10 per cent disinvestment in MMTC that can fetch the governme...

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FM confident of managing differences over disinvestment

Pranab Mukherjee today exuded confidence of managing differences among some allies over disinvestmen...

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Govt to dilute 22 per cent in OIL

The government would dilute 22 per cent of its stake in Oil India Ltd which is coming out with an ...

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Government may sell 15% stake in Coal India

The govt is planning to increase its disinvestment target in Coal India from 10% proposed earlier to...

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NTPC, REC to come up with FPO by fiscal-end

The government on Wednesday said state-run power utilities NTPC and REC will come up with Follow-on ...

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No plan to sell Nalco, HCL stakes: Mines Minister

The government has no plans to sell stakes in state-run National Aluminium Co Ltd (NALCO) and Hindus...

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Govt to divest stake in 6-7 cos in next 12 months: Finance Secy

The government will offload equity in six to seven state-owned companies in the next 12 months, Fina...

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Coal India talks stake-sale with disinvestment secy

Coal India, after getting the necessary approval from the coal ministry, has begun discussions wit...

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OIL may price IPO at Rs 1,000-1,100 a share

Oil India Ltd, the second state-run firm to hit the market with an offering of equity shares this ye...

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Oil India IPO to hit market on September 7

Oil India Ltd (OIL), the nation`s second-largest state-run explorer, will hit the market with an I...

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CIL may finalise disinvestment proposal in couple of months

Coal India Ltd on Friday said the proposal to divest up to 10 percent government stake in the Navrat...

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Steel Ministry spots 2 PSUs for sell-off

Steel Minister Virbhadra Singh on Friday said the Steel ministry has identified two PSUs for disinve...

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NHPC IPO fully subscribed in an hour

The much-awaited initial public offer of state-run NHPC allured investors and was fully subscribed ...

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Steel ministry approves NMDC disinvestment

The Steel Ministry has approved the sale of 8.38 percent of government equity in the blue chip compa...

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No plans to change NIF guidelines: Finmin

Ruling out any plans to restructure the National Investment Fund (NIF), the government on Friday sai...

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Sunil Mitra appointed Disinvestment Secretary

West Bengal Power Secretary Sunil Mitra has been appointed Disinvestment Secretary at the Centre. ...

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Govt appoints Dis`ment Secy, small stake sell-off first

The Finance Ministry on Tuesday said that the disinvestment programme will kick off with the dilutio...

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Raja to review BSNL`s profit plunge, IPO plans

The government will take stock of BSNL`s poor financial showing - wherein net profit fell to Rs 104 ...

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