Last Updated: Thursday, April 03, 2014, 21:12
The Disinvestment Department has approached the Election Commission seeking its approval for appointing valuers for government's residual stake in Hindustan Zinc and Balco.
Last Updated: Monday, March 24, 2014, 20:58
In order to ensure transparency in the disinvestment process, Finance Ministry has decided to appoint retired bureaucrats and prominent private sector executives as independent monitors to oversee working of merchant bankers and others associated with PSU stake sale.
Last Updated: Sunday, March 23, 2014, 12:23
An ETF is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange.
Last Updated: Friday, March 21, 2014, 19:42
The government's first attempt to mop up disinvestment proceeds through the mutual fund route met with encouraging response as the CPSE Exchange Traded Fund (ETF) garnered cumulative bids worth Rs 4,000 crore from investors, including FIIs.
Last Updated: Tuesday, March 18, 2014, 21:29
Anchor investors put in bids worth about Rs 850 crore in the CPSE Exchange Traded Fund (ETF) that was launched Tuesday to help the government meet its disinvestment target.
Last Updated: Tuesday, March 18, 2014, 19:39
The Finance Ministry is looking at selling a stake in Coal India in the next financial year beginning April 1 to help the government meet its disinvestment target of Rs 36,925 crore.
Last Updated: Sunday, March 16, 2014, 12:41
The Exchange Traded Fund (ETF) is likely to garner around Rs 3,000 crore - which will accrue to the exchequer - through a new fund offer.
Last Updated: Friday, March 14, 2014, 19:48
The government is hopeful of achieving its revised target of Rs 16,000 crore from disinvestment during the curent fiscal, a top government official said here on Friday .
Last Updated: Tuesday, February 25, 2014, 19:16
The board of state-owned Oil India Ltd (OIL) has approved the acquisition of a 5 percent stake in Indian Oil Corp (IOC) from the government at a discount to the market price.
Last Updated: Tuesday, February 18, 2014, 15:01
In 2010-11 and 2011-12 fiscals, the government had raised Rs 22,144 crore and Rs 13,894 crore through disinvestment, against the budgeted target of Rs 40,000 crore in each year.
Last Updated: Monday, February 17, 2014, 13:48
The government on Monday cut its disinvestment target by more than half to Rs 16,027 crore for the current financial year and pegged the proceeds at Rs 36,925 crore for 2014-15.
Last Updated: Thursday, February 13, 2014, 18:33
Government is likely to sell its 10 percent stake in Indian Oil Corporation (IOC) through an off-market deal to state-owned ONGC and OIL at a discount of 10 percent over the current market price.
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