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ETF of 10 PSUs on Tue; to help govt meet disinvestment target

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.

Achieving current fiscal disinvestment target a tough task

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.

Nalco stake sale on Friday; Govt to raise around Rs 1,400 crore

Last Updated: Wednesday, March 13, 2013, 18:42

The Finance Ministry on Wednesday said the government's 12.5 percent stake sale offer in Nalco will hit the markets on March 15, which could mop up around Rs 1,400 crore to the exchequer.

EGoM defers MMTC stake sale on valuation concerns

Last Updated: Tuesday, March 12, 2013, 14:00

An inter-ministerial panel on Tuesday deferred government's 9.33 percent stake sale in the state- owned trading company MMTC on concerns over valuation of the company's equity.

Govt hopeful of achieving Rs 30,000 cr disinvestment target

Last Updated: Thursday, November 22, 2012, 18:29

The government on Thursday said it is hopeful of achieving the disinvestment target of Rs 30,000 crore for the current fiscal.

LIC allowed to buy up to 30% equity in a company

Last Updated: Wednesday, November 21, 2012, 18:15

Hard pressed to meet the Rs 30,000 crore disinvestment target, the Finance Ministry on Wednesday permitted the state-owned Life Insurance Corporation to invest up to 30 percent in a company as against the earlier ceiling of 10 percent.

Govt to miss disinvestment target, says DoD official

Last Updated: Wednesday, February 15, 2012, 22:38

With one-hand-half months to go for the current fiscal, the Finance Ministry Wednesday admitted that government will not be able to meet the ambitious disinvestment target of Rs 40,000 crore for 2011-12.

India to miss 2011/12 share-sale target

Last Updated: Wednesday, February 15, 2012, 15:03

India will not be able to raise a budgeted Rs 400 billion through share sales in state-run companies in this fiscal year, Disinvestment Secretary M.H. Khan told reporters on Wednesday.