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Niti Aayog making new list of sick PSUs for divestment: Kant

NITI Aayog has already recommended 40 sick PSUs for strategic disinvestment.

21 Feb 2018 10:09 AM GMT

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC board approves exiting Pawan Hans, to sell 49 pc stake

The government will now modify the EoI and include ONGC stake sale also along with its own.

18 July 2018 5:16 AM GMT

The move by BPCL indicates that refiners will try to frontload their purchases from Iran ahead of a November US deadline.

BPCL asset valuer asked to submit valuation of company in 50 days

Cabinet Committee on Economic Affairs had on Nov 20 given a go-ahead for sale of government's entire stake in BPCL.

24 Nov 2019 6:04 AM GMT

$The CBDT has asked the taxman to scrutinise cases where a taxpayer has filed a revised income tax return (ITR) post demonetisation and directed them to slap \higher tax rate\ in instances where black money is detected. (Photo: AFP/Representational)$ Business

Govt may launch exchange traded fund of PSU bank stocks next fiscal

The government has raised Rs 32,900 crore through Bharat-22 ETF since 2017, and Rs 28,500 crore from CPSE ETF since...

19 Feb 2019 11:37 AM GMT

Niti Aayog to draw up list of non-core assets of CPSEs for possible...

The approved framework shall be reviewed after two years for instituting any change including delegations on financial...

3 March 2019 6:56 AM GMT

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Financial bids for Pawan Hans to be submitted by March 6

Separately, the transaction advisor has worked out a reserve price for Pawan Hans which will be submitted to the...

3 March 2019 6:34 AM GMT

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

Finance Ministry starts consultation with investors to launch global...

DIPAM will start developing the index for the ETF based on investors' feedback.

28 April 2019 8:09 AM GMT

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Govt puts Pawan Hans strategic sale on hold till election

Investors had time till March 6 to put in their financial bids for up to 100 per cent stake in Pawan Hans.

22 April 2019 10:02 AM GMT

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry reworking strategic sale procedure for CPSEs

The process for strategic sale of many state-owned companies started back in late 2017 or early 2018.

12 May 2019 5:21 AM GMT

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry seeks consultants for sale of PSU land, buildings

The government is targeting to raise Rs 90,000 crore through CPSE disinvestment in current financial year.

10 Jun 2019 12:38 PM GMT

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Economic Survey: FinMin makes progress in strategic sale of 28 CPSEs

DIPAM had raised about Rs 85,000 crore from CPSE disinvestment in 2018-19.

4 July 2019 10:15 AM GMT

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Govt collects over Rs 1 lakh cr through PSU disinvestment: Jaitley

So far, Department of Investment and Public Asset Management has raised Rs 1,00,056 crore through disinvestment.

29 March 2018 6:14 AM GMT