GOI makes it mandatory to take prior approval of FinMin for all kinds of proposals requiring cabinet nod

October 2014

The Government of India has made it compulsory for all proposals requiring cabinet nod to get prior approval from Finance Minister Arun Jaitley invol...

Tags: Prior Approval, Finance Minister, Arunj Jaitely, Mandatory, Railways, Disinvestment

New gas prices and diesel regulation likely to push ONGC valuation

October 2014

Government of India plans to rake in Rs 63,425 crore during FY15 government through divestment route. The recent decision of the government with rega...

Tags: Deals, Stake, Sale, PSU, Disinvestment, Divestment, ONGC

Government decides to divest 11.36 per cent stake in NHPC

September 2014

The proposal to disinvest 11.36 percent paid up equity capital of NHPC Ltd out of the Government of India’s shareholding of 85.96 percent is approved...

Tags: Deals, Disinvestment, India, Stake, Share, CCEA

Government decides to disinvest 10 per cent in Coal India

September 2014

The disinvestment of 10 percent paid-up equity capital in Coal India Ltd (CIL) out of the Government of India’s shareholding of 89.65 percent is appr...

Tags: Disinvestment, India, Coal India, CCEA

Government not able to meet its divestment target in the last three years

August 2014

The Government of India could not meet its disinvestment in the last couple of years.The disinvestment target set was Rs 40,000 crore, Rs 30,000 cror...

Tags: Deals, Disinvestment, Target, Achievement

Government gear up to divest 10 per cent stake in RINL in the current fiscal

August 2014

The Government of India is gearing its disinvestment plan. The government is looking forward to sell 10 per cent stake each in RINL and HAL and a 5 p...

Tags: Deals, Disinvestment, Target, SAIL, RINL, HAL

FIIs buy govt stake in state-run firms

August 2013

The government raised about Rs 23,830 crore offloading stake in 7 state-run firms during 2012-13. 39 percent of this amount came from FIIs, union gov...

Tags: foreign institutional investment, FII, bond, instrument, capital, economy, auction, disinvestment, public, issue, stake, equity, shares

Will the positive market sentiment enable govt to attain disinvestment target?

February 2013

The divestment of government stake in central public sector undertaking (CPSUs) is gaining traction with the government raising over Rs 10,000 crore ...

Tags: central public sector undertaking, Hindustan Copper, Oil India, SEBI, NTPC, stock market, disinvestment, government revenue, Fiscal deficit