The government is keen to list ONGC Videsh — the overseas arm of ONGC — and transfer the proceeds of the listing as a special dividend, enabling it to meet the divestment target set for the curre...

After a gap of about 14 years, the Narendra Modi-government has kick-started the process of the strategic sale of state-owned assets with Calcutta-based Bridge and Roof going under the hammer among ot...

The Union cabinet is likely to take up this week a proposal to split the gas transmission and pipeline businesses of GAIL India along with the strategic sale of refiner BPCL . The cabinet note prepar...

The Union cabinet on Wednesday approved the launch of its first debt exchange-traded fund (ETF) comprising state-run companies.“It will be the first corporate ETF, which will provide additional mone...

State-owned Tehri Hydro Development Corporation, National Seeds Corporation, Telecommunications Consultants India Limited (TCIL) and FCI Aravali Gypsum and Minerals India Ltd are among the first batch...

The government is trying to ensure the outright sale of PSUs within four months of issuing documents to potential investors, a move aimed at speedier conclusion of the entire process, an official said...