Foreign investors largely stayed away from the LIC issue amid global risk aversion and rising bond yields. “This issue has shown that our capital markets and our investors also have the capacit...

The Modi government has barred both central- and state-owned firms from bidding for a central PSU. The move is likely to prevent a repeat of ONGC buying out HPCL or Oil India and Engineers India buyi...

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than...

The government has kicked off its asset monetisation programme by inviting bids to sell six assets of Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) through its new asset mon...

The much awaited mega-IPO of Life Insurance Corporation is expected to hit the markets in the January-March quarter of the current fiscal as the Centre goes on the overdrive to meet the selloff target...

The government has received a final dividend of Rs 6,665 crore from privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) for the 2020-21 fiscal, the Dipam secretary said on Wednesday. &nbs...

The finance ministry will soon move the cabinet to seek approval for setting up a company for the transfer and subsequent monetisation of land and non-core assets of privatisation-bound CPSEs, an offi...

Tata Sons chairman emeritus Ratan Tata tweeted an old photograph of the company's former chairman JRD Tata getting down from an Air India aircraft, minutes after Tata Sons regained control of the ...

Most of the merchant bankers who had submitted bids to facilitate the strategic sale of LIC-controlled IDBI Bank has indicated a time-frame of one year to complete the elaborate process, sources said....

The initial public offering of Wapcos is likely to be launched by March-end, an official said. In February, the department of investment and public asset management (Dipam) had floated tenders for en...