Wednesday, Jun 07, 2023
×
Outlook.com
×

Disinvestment

Coal India Limited

Govt Gets Rs 4,185.31 Cr From Coal India Stake Sale

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.

06 June 2023

Will Economic Uncertainty Make It Difficult To Find Investors For Assets Under Monetisation Pipeline?  

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

31 March 2023

Social Justice: Privatisation Is All About Dalits Losing Out On Opportunities

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...

21 October 2022

Coal India

Institutional Buyers Put Bids For 30% Of Coal India Shares In Morning Trade

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

01 June 2023

A Brief History Of Privatisation In India: Policy, Politics and Failures

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...

21 October 2022

Despite A Head Start, Privatisation Of PSUs Loses Steam

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....

21 October 2022

Coal India

Government To Sell Up To 3 Per Cent Stake In Coal India

The proposal is to offload 9.24 crore shares amounting to a stake of 1.5 per cent in the Coal India Limited

31 May 2023

Advertisement

Urbanscape: Labourers surveying the construction work on top of a pillar

Trade Union Movement In India: Glorious Past, Uncertain Future

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...

21 October 2022

Advertisement
30 May 2022
Advance Action On Bank Privatisation Underway: DFS Secretary

Advance Action On Bank Privatisation Underway: DFS Secretary

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...


07 May 2022
A First-Time Investor’s Guide To Initial Public Offerings

A First-Time Investor’s Guide To Initial Public Offerings

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...


11 April 2022
India Inc's Overseas Direct Investment Rises 8.5% To $3.34 Billion In March

India Inc's Overseas Direct Investment Rises 8.5% To $3.34 Billion In March

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.


08 March 2022
Is Disinvestment Like Killing The Golden Goose?

Is Disinvestment Like Killing The Golden Goose?

CPSEs have been engaged in the manufacture of goods and provisions of services in almost all the important spheres of economic activity.


06 March 2022
Disinvestment Proceeds To Fall Short Of Revised Estimates Second Time Since 2014

Disinvestment Proceeds To Fall Short Of Revised Estimates Second Time Since 2014

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...


Advertisement

04 January 2022
Centre Opposes Swamy's Plea In HC Seeking To Set Aside Air India Disinvestment Process

Centre Opposes Swamy's Plea In HC Seeking To Set Aside Air India Disinvestment Process

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...


26 November 2021
Sanofi India To Divest Soframycin, Sofradex Brands For Rs 125 Crore

Sanofi India To Divest Soframycin, Sofradex Brands For Rs 125 Crore

Sanofi India that upon completion of the transaction, the acquirer Encube Ethicals would be handed over rights to sell and distribute Soframycin and Sofradex...


18 November 2021
Under Supreme Court's Order, CBI To Probe Into Centre's Hindustan Zinc Ltd. Disinvestment In 2002

Under Supreme Court's Order, CBI To Probe Into Centre's Hindustan Zinc Ltd. Disinvestment In 2002

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...


18 November 2021
Under Supreme Court's Order, CBI To Probe Into Centre's Hindustan Zinc Ltd. Disinvestment In 2002

Under Supreme Court's Order, CBI To Probe Into Centre's Hindustan Zinc Ltd. Disinvestment In 2002

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...


25 October 2021
Govt Signs Share Purchase Agreement With Tata Sons For Air India Disinvestment

Govt Signs Share Purchase Agreement With Tata Sons For Air India Disinvestment

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.


18 October 2021
More Than Rs 800 Cr Received In Dividend Tranches From CPSEs: DIPAM Secretary

More Than Rs 800 Cr Received In Dividend Tranches From CPSEs: DIPAM Secretary

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...


Advertisement

15 October 2021
Return Of The Maharaja: Will Air India’s Takeover By Tatas End Problems Of Airline’s Employees?

Return Of The Maharaja: Will Air India’s Takeover By Tatas End Problems Of Airline’s Employees?

Air India’s takeover by the Tatas looks positive on most fronts. But what does it really mean for the employees?


11 October 2021
Govt Issues Intent Letter To Tata Sons For Air India

Govt Issues Intent Letter To Tata Sons For Air India

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...


08 October 2021
Tata Group Buys Air India For ₹18,000 Crore

Tata Group Buys Air India For ₹18,000 Crore

The announcement was made by the secretaries of DIPAM and the ministry of civil aviation.


08 October 2021
Homecoming For Air India: Tata Sons Emerge Winner With Rs 18,000 Cr-Bid

Homecoming For Air India: Tata Sons Emerge Winner With Rs 18,000 Cr-Bid

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.


01 October 2021
Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.


24 September 2021
Five Firms In Race To Be Transaction Advisors In Vizag Steel Disinvestment

Five Firms In Race To Be Transaction Advisors In Vizag Steel Disinvestment

The five candidates are required to make presentations on their technical proposal before DIPAM's selection committee on September 30, the circular stated


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement