The strategic sale of the government’s 52.98 per cent stake in state-owned refiner BPCL is likely to be delayed close to two years, complicating the Centre’s ability to raise Rs 2.10 lakh ...

The lockdown has proved to be a drag on the disinvestment process. The limitations of working in a virtual environment may force the government to extend the deadline for the submission of expressions...

The Bharat Bond exchange-traded fund with a base size of Rs 7,000 crore is slated to open for subscription from December 12 to December 20, finance ministry officials said.The ETF, which has got the g...

The fourth round of auction for oil and gas blocks saw only two PSUs — ONGC and Oil India Limited — submitting bids for seven fields. Oil and Natural Gas Corporation (ONGC) bagged all the seven oi...

The fifth and final tranche of the economic stimulus package to deal with the economic fallout of the Covid-19 pandemic, announced by the finance minister Nirmala Sitharaman on Sunday, focuses on refo...

The Union cabinet is expected to soon consider the Narendra Modi-government’s plan to reduce the Centre’s stake in certain public sector undertakings to below 51 per cent, while continuing to reta...

State-owned firms are expected to spend over Rs 1 lakh crore in the second half of the financial year with the government urging them to front load capital expenditure to boost demand in the economy. ...

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...

Public sector units Coal India and Power Finance Corporation (PFC) on Thursday announced interim dividends that will improve government finances, stretched by a weak revenue mop up and the coronaviru...

A common refrain is how prevalent inefficiency is in all aspects of life in India. A trip between two cities often takes two to three times longer than an equivalent journey in most Western countries....