The government is likely to invite bids from merchant bankers this month for managing LIC’s disinvestment as it moves ahead with plans to launch the IPO by January, an official said. The depart...

The proposed IPO of Life Insurance Corporation (LIC) is expected to garner at least Rs 1 lakh crore which would help to achieve the ambitious divestment target of Rs 1.75 lakh crore set in the Union b...

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). ...

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 Congress on Sunday attacked the government over its bid to sell stake in India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL), asking if this was also an election promise made to 'c...

The government has for the second time extended the deadline for bidding for privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL) by over a month to July 31.While the c...

The Centre on Wednesday permitted NRIs to grab 100 per cent stake in disinvestment-bound Air India.The decision comes at a time when the government has sought preliminary bids for 100 per cent stake s...

The government on Tuesday extended the deadline for bidding to buy its entire 52.98 per cent stake in the country's second-biggest oil refiner, Bharat Petroleum Corp Ltd (BPCL), by over a month to Jun...

The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment with the deadline for submitting express...

The Specified Undertaking of the Unit Trust of India (SUUTI) is selling part of its stake in Axis Bank. The SUUTI is looking to sell close to 3 per cent of the private sector lender, which may yield t...