Business  /  Published 09.11.20

Ircon impetus to Centre's selloffs

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...
By R. Suryamurthy in New Delhi

Business  /  Published 05.01.20

Centre to raise selloff bar

The Narendra Modi-government, which is almost certain to miss the divestment target by miles, is likely to set an ambitious target in budget 2020-21 as it expects to complete the strategic sales of B...
By R. Suryamurthy in New Delhi

Business  /  Published 03.02.19

Last-minute selloff rush

The success of Bharat 22 ETF and the strategic sale of Pawan Hans and Rural Electrification Corporation are likely to result in the government meeting the Rs 80,000-crore divestment target set for the...
By R. Suryamurthy in New Delhi

Business  /  Published 30.01.19

Coal India board call on buyback

The board of directors of Coal India is set to meet on Monday to consider and approve a share buyback. “A board meeting of the company is scheduled on Monday, February 4, 2019 interalia to consider ...
By A Staff Reporter in Calcutta

Business  /  Published 07.11.19

Qatar keen on IndiGo stake, overlooks Air India

Qatar Airways is interested in a stake in budget carrier IndiGo but wants to wait till the promoters sort out their differences. However, it has no plans to participate in the divestment process of Ai...
By Our Special Correspondent in New Delhi


India  /  Published 22.10.19

Rahul airs concern on Concor divestment

Rahul Gandhi on Tuesday raised the issue of proposed divestment in Container Corporation, alleging another move by the Narendra Modi government to favour friendly capitalists.Rahul tweeted: “Highly ...
By Our Special Correspondent in New Delhi

Business  /  Published 13.01.20

IOC keen to pick up BPCL stake

Indian Oil Corporation is keeping its option open on making an offer for competing public sector oil retailer and refiner Bharat Petroleum Corporation even though the government may baulk at such a mo...
By Sambit Saha in Calcutta

Business  /  Published 10.07.19

Sub-51% drill in oil PSUs

State-owned oil firms ONGC, Indian Oil Corporation and GAIL India are the likely candidates for selloffs that would take the government holding in them to below 51 per cent — which was announced by ...
By R. Suryamurthy in New Delhi

Business  /  Published 06.03.20

More time for AI bids

Civil aviation minister Hardeep Singh Puri on Friday indicated that the deadline for submission of preliminary bids for Air India could be extended even as he emphasised that the divestment process wa...
By Our Special Correspondent in New Delhi

Business  /  Published 24.04.19

Overseas ETF drill

Buoyed by the success of exchange traded funds in meeting the divesment target, the government is exploring the option of launching such funds in the overseas markets in the current fiscal.“The plan...
By R. Suryamurthy in New Delhi


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