The government has received Rs 4,185 crore through a 3 percent stake sale in state-run Coal India, as per the Department of Investment and Public Asset Management (DIPAM) website.
The sense of uncertainty and possibility of economic slowdown has left investors in lurch- or it would be right to say that it has impacted investor’s sentiment badly
With the state withdrawing from social sector responsibilities, privatisation of public sector and higher education—in both conventional and professional segments—has drastically curtailed the socio-economic mobility of...
In the two-day OFS, the government is selling over 18.48 crore shares or 3 per cent in the PSU coal producer at a floor price of Rs 225 a share
The major thrust to privatisation arrived in the era of neoliberalism in the 1980s, and soon a policy argument emerged that saw privatisation a necessary step to strengthen the economy. It was perhaps a political tool to...
The government is like the millstone that hurts PSUs. Its demand for dividends is unrelenting and the pressure on PSUs to go beyond their primary task to serve the fanciful projects of the government increases by the day....
The proposal is to offload 9.24 crore shares amounting to a stake of 1.5 per cent in the Coal India Limited
To promote private investment and disinvestment, the government in 2020 passed three labour codes—Industrial Relations Code, 2020, Code on Social Security Bill, 2020, and Occupational Safety, Health and Working Conditions...
In the Union Budget for 2021-22, the government announced its intent to take up the privatisation of two PSBs in the year and approved a policy of strategic...
An initial public offering, especially if it is of a trusted name, can be a good investment vehicle for first-time investors to start their journey in the...
The Indian companies had invested $3.1 billion in their overseas fully-owned subsidiaries (WOSs) and joint-ventures (JVs) in the same month a year ago.
CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.
Since the Modi government came to power in 2014, it was only in the financial year 2019-20 that it failed to achieve the revised CPSE disinvestment target of...
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In October last year, the Centre accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express, along...
Sanofi India that upon completion of the transaction, the acquirer Encube Ethicals would be handed over rights to sell and distribute Soframycin and Sofradex...
The Sterlite Opportunities and Ventures Ltd (SOVL), the majority shareholder of HZL has stated before the court that it is not exercising its second call...
The Sterlite Opportunities and Ventures Ltd (SOVL), the majority shareholder of HZL has stated before the court that it is not exercising its second call...
The share purchase agreement stipulates that the buyer has agreed to the terms set out by the target company for completing the transaction or acquisition.
Its website informs that, Rs 8,096.30 crore has been obtained via dividends from varied Central Public Sector Enterprises (CPSEs) to date. Total receipts now...
Air India’s takeover by the Tatas looks positive on most fronts. But what does it really mean for the employees?
Tata Sons had won the bid for acquiring 100 per cent stake in the national carrier, last week. A consortium led by Spicejet promoter Ajay Singh came second...
The announcement was made by the secretaries of DIPAM and the ministry of civil aviation.
A consortium led by Spicejet promoter Ajay Singh came second with his bid of Rs 15,000 crore. The reserve price for the bid was set at Rs 12, 906 crore.
It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.
The five candidates are required to make presentations on their technical proposal before DIPAM's selection committee on September 30, the circular stated
