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About 12 results for "disinvestment department"

Govt pulls out memo inviting bids for Pawan Hans sale

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans, after failing to attract enough bidders.Pawan Hans is a joint venture under the civil aviation ministry and state-owned ... Business Standard, 2 weeks ago
Business Standard

NITI Aayog preparing new list of sick PSUs for disinvestment: Amitabh Kant

NITI Aayog CEO Amitabh Kant has said that the Aayog has already recommended 40 sick PSUs for strategic disinvestment and is making an additional list of sick PSUs that can be privatized.Kant said, "NITI Aayog has already recommended 40 sick PSUs for strategic ...
 Business Standard2 months ago Niti making new list of sick PSUs for divestment: Kant  Business Standard2 months ago

Centre urges private equity, VC funds to bid for strategic divestments

Private equity (PE) and venture capital (VC) funds with adequate enterprise, managerial or technical investors in the whole consortium sort of model can come forward to participate in strategic divestments like Air India, the Centre said on Thursday."We are ...
 Business Standard4 days ago

Govt to list NEEPCO, MSTC, invites bids from merchant bankers

The government has invited bids from merchant bankers for managing the listing process of two PSUs NEEPCO and MSTC.The government currently holds 89.85 per cent stake in trading firm MSTC and the balance 10.15 per cent is held by the members of the Steel ...
 Business Standard1 week ago
DNA

Narendra Modi govt begins selling enemy properties, process to raise Rs 1 lakh crore for national exchequer

In a bid enrich its coffers by about Rs 1 lakh crore, the government has started the process of monetisation of more than 9,400 enemy properties by issuing guidelines and directing the office of the custodian to submit a list of all such movable and immovable ...
 DNA4 weeks ago

Govt invites EoI for strategic stake sale in Scooters India

The government has invited expression of interest (EoI) to sell its entire stake with transfer of management control in loss-making listed firm Scooters India (SIL), which manufactures three-wheelers under the brand-name 'Vikram'.In a global invitation, the ...
 Business Standard1 month ago

BSNL, Air India and MTNL posted net loss of Rs 116 billion in 2016-17

State owned telecommunications services providers Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited apart from state carrier Air India registered a net loss of more than Rs. 116.86 Billion in 2016-17, effectively becoming the top 3 loss ...
 Business Standard1 month ago

Sensex Opens Higher; Realty & Metal Stocks Gain

Posted by Equitymaster Asian stocks are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 0.25% while the Hang Seng is down 0.60%. The Nikkei 225 is trading down by 0.64%. US stocks posted a three-day winning streak on Tuesday as ...
 Equitymaster.com2 months ago
Rediff.com

How govt plans to meet divestment target

Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19 Illustration: Uttam Ghosh/Rediff.com The Centre is planning privatisation, or strategic sale, of a number of state-owned companies and properties to meet its budgeted target of Rs 80,000 crore for 2018-19.   Apart from the marquee brand, Air India, work is underway to sell-off stake in Pawan Hans, Dredging Corp, HLL Lifecare and Indian Medicines Pharmaceutical Corporation Limited (IMPCL), among others, said the ...
 Rediff.com2 months ago
Mathrubhumi

India Inc hails 'populist' Budget, but says disappointed on tax front

New Delhi:India Inc on Thursday welcomed the Union Budget 2018-19 -- the last full budget of Finance Minister Arun Jaitley before the 2019 general elections -- and praised the populist approach of focussing on infrastructure and rural India. However, what ...
 Mathrubhumi2 months ago Union Budget 2018: Here is the full text of Finance Minister Arun Jailtey's speech  catchnews.com2 months ago
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