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Disinvestment
Business  /  Published 06.04.22

LIC stake sale likely in early May

The government is mulling the launch of Life Insurance Corporation’s initial public offer in early May if the current volatile phase in the market subsides by then. Sources said the government ...
By R. Suryamurthy in New Delhi

Business  /  Published 05.07.21

Bids for LIC selloff managers

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...
By PTI in New Delhi

Business  /  Published 28.03.21

LIC float likely to raise Rs 1 trillion

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...
By Our Special Correspondent in New Delhi

Business  /  Published 22.02.21

Security nod gets priority

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). ...
By PTI in New Delhi

Opinion  /  Published 05.02.21

Silver sale: Policy of strategic disinvestment

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 ...
By The Editorial Board

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India  /  Published 08.03.20

Congress attacks govt for bid to sell stake in BPCL

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...
By PTI in New Delhi

Business  /  Published 27.05.20

Govt extends BPCL bid deadline to July 31

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...
By PTI in New Delhi

Business  /  Published 04.03.20

Govt permits NRIs to own up to 100% stake in Air India

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...
By PTI in New Delhi

Business  /  Published 31.03.20

Govt extends BPCL bid deadline to June 13

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...
By PTI in New Delhi

Business  /  Published 27.01.20

Govt to sell 100% stake in Air India

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...
By PTI in New Delhi


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