Monday, Aug 08, 2022
Outlook.com

Govt Likely To Invite Preliminary Bids For IDBI Bank Privatisation Next Month: Official

Govt Likely To Invite Preliminary Bids For IDBI Bank Privatisation Next Month: Official

The Department of Investment and Public Asset Management (DIPAM) is currently holding roadshows in the US for the sale

10 June 2022
Govt Drops Offer To Sell 53% Stake In BPCL

Govt Drops Offer To Sell 53% Stake In BPCL

The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expressions of Interest (EoIs) from...

26 May 2022

Cabinet Clears Government's 29.5% Stake Sale In Hindustan Zinc For Rs 38,000 Crore

The decision would give a push to the government's disinvestment drive in the current fiscal. The government has budgeted Rs 65,000 crore from PSU...

With Transactions Worth Rs 1 Lakh Crore, Government Surpasses FY22 Target Of Monetisation Plan

With Transactions Worth Rs 1 Lakh Crore, Government Surpasses FY22 Target Of Monetisation Plan

In August 2021, finance minister Nirmala Sitharaman announced the Rs 6 lakh crore-NMP over four years to unlock value in infrastructure assets across sectors. 

17 May 2022

Government Puts Pawan Hans Sale On Hold Over NCLT Order Against Winning Consortium Member

Pawan Hans is a 51:49 joint venture of the government and ONGC. The government had in December last year received three bids for the Pawan Hans sale.

Advertisement
25 April 2022
JSW Steel Denies Bidding For Pawan Hans; Says Not Interested In Asset

JSW Steel Denies Bidding For Pawan Hans; Says Not Interested In Asset

Recently, a media report quoting sources said that the company has submitted a bid to buy Pawan Hans, JSW Steel informed the stock exchanges.


25 April 2022
As Divestment Plans Take A Hit, Government To Fast-Track Asset Monetisation: Report

As Divestment Plans Take A Hit, Government To Fast-Track Asset Monetisation: Report

The development comes at a time when the government has slashed its LIC IPO size from 5 per cent to 3.5 per cent at Rs 21,000 crore.


21 April 2022
Government May Take Fresh Look At BPCL Privatisation, Revise Terms Of Sale

Government May Take Fresh Look At BPCL Privatisation, Revise Terms Of Sale

The government is selling its entire 52.98 per cent stake in BPCL for which three expressions of interest (EoIs), including one from billionaire Anil...


21 April 2022
Government Can Earn More Money By Share Sales: Vedanta Chairman

Government Can Earn More Money By Share Sales: Vedanta Chairman

The comments from Agarwal, who has taken over a few central units through the divestment process in the past, assume importance as the government has been...


15 March 2022
Pawan Hans Divestment Likely In A Couple Of Months: Report

Pawan Hans Divestment Likely In A Couple Of Months: Report

Pawan Hans has a fleet of over 40 helicopters and almost 900 employees, including 450 who are on the permanent rolls


Advertisement

07 December 2021
GHCL To Divest Home Textiles Biz To Indo Count Industries For Rs 596 Crore

GHCL To Divest Home Textiles Biz To Indo Count Industries For Rs 596 Crore

GHCL said it expects to realise a consolidated sum of Rs 596 crore from the divestment of its HT business. As part of the deal, the transfer of HT business...


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement