The government has tweaked the guidelines for strategic disinvestment, making security clearance mandatory for all bidders who put in price bids to buy a central public sector enterprise (CPSE). ...

Prime Minister Narendra Modi on Sunday dedicated to the nation a Rs 6,000 crore petrochemical complex of oil major Bharat Petroleum here and Ro-Ro vessels of Inland Waterways at Willingdon Islands, as...

Haldia port is going to emerge as one of the largest destinations to import LPG in India after BPCL operationalises a terminal on Sunday. Built at an investment of Rs 1,100 crore, the import terminal...

The Narendra Modi government has set its sights on an aggressive plan to sell its equity holdings in State-owned enterprises from which it hopes to rake in Rs 1.75 trillion. Last year, the Centre had ...

The Modi government is banking on the initial public offer of the Life Insurance Corporation and the strategic sales of Bharat Petroleum Corporation Limited and Air India to meet its ambitious disinve...

LIC’s initial public offering (IPO) is likely after October this year, a top official said on Tuesday, laying out the government’s divestment calendar that includes completing the sale of ...

The government has received three preliminary bids to buy a controlling stake in India’s second-largest fuel retailer Bharat Petroleum Corporation, oil minister Dharmendra Pradhan said at a webi...

The government is exploring various options in the BPCL stake sale exercise if no financial bids are received or if these are lower than the price that the government expects. Such a situation has ari...

All eyes would be on the bidders of state-owned refiner BPCL where the last date for the submission of expressions of interest is Monday, with the Centre making it clear it would not extend the date a...

The government plans to sell about a 15 per cent stake in Ircon International through an offer for sale of shares in the current fiscal even as the budget divestment target of Rs 2.1 lakh crore appear...