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About 14 results for "divestment department"

DIPAM appoints committee to sell Dredging Corporation; employe...

Department of Investment and Public Asset Management (DIPAM), Centre’s arm to carry out divestment and strategic sale procedures, formed an inter-ministerial group (IMG) on November 16 for ‘strategic divestment of Government of India’s equity of DCI ... Money Control, 2 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.com6 days ago Central govt counts on divestment to deliver  Business Standard2 months ago
Rediff.com

Budget: FM may raise divestment target for 2018-19 to Rs 100,000 crores

This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre’s two exchange-traded funds, buybacks and offers-for-sale, and even monetisation of land assets. Illustration: Uttam Ghosh/Rediff.com Buoyed by the success of this year’s divestment programme, the finance ministry could set an even higher target of Rs 900 billion-1 trillion (Rs 90,000-100,000 crore) for 2018-19.   This will encompass the sale of ...
 Rediff.com3 weeks ago

Departments of 17 senior IAS officers shuffled in Himachal

In its first major administrative shake-up, the newly-formed Himachal Pradesh government, headed by Chief Minister Jai Ram Thakur, today shuffled the departments of 17 senior IAS officers, including six additional chief secretaries and five principal ...
 Business Standard1 month ago

AI shunts out in-flight services head

In a surprise move, the divestment-bound Air India has removed its executive director (ED) for in-flight services AS Soman from the post allegedly due to some internal squabbling.In an order issued late last week, Air India chairman and managing director ...
 Business Standard2 months ago
Rediff.com

All in all, a 'Robin Hood' Budget

For the first time in the history of Budget-making in India, a single Budget will touch 65 crore Indians, virtually the entire voting population, says Shailesh Haribhakti. Illustration: Uttam Ghosh/Rediff.com This is a brilliant political, economic statement of intent. Rural India will receive 5.15 million homes, 20 million toilets, 300,000 km of roads and fully-exempt FPOs (Farmer Producer Organisations).   Digitisation will fully embrace the entire rural marketing chain, ie, from farm ...
 Rediff.com2 weeks ago India Inc hails 'populist' Budget, but says disappointed on tax front  Mathrubhumi2 weeks ago
Rediff.com

Listed equities: Should exemption on long-term capital gains go?

An argument used for removal of this exemption is that it is used to launder black money and bring it in as clean tax paid money by manipulating the price of less liquid shares in the market, says Harsh Roongta. Ilustration: Uttam Ghosh/Rediff.com It’s that time of the year when we all turn children and ask for gifts from our very own Santa - the finance minister.   Demands for increase in basic exemption limit, tax-saving investment limit and interest deduction for self-occupied ...
 Rediff.com3 weeks ago

Panel recommends merger of BSNL-MTNL

A Parliamentary Committee on Friday favoured the merger of loss-making state-owned telecom firms BSNL and MTNL, saying it would give them a fighting chance to take on the might of private sector. The 43rd report of the Committee on Petitions of the Department ...
 Deccan Herald1 month ago

Global Stock Markets End Buoyant

Posted by Equitymaster Reversing last week's bearishness, global stock markets ended on a positive note this week. The European stocks were the biggest gainers after Britain and the European Union announced a breakthrough in Brexit negotiations. Easier global ...
 Equitymaster.com2 months ago

Indian Indices Continue Momentum; Auto Stocks Witness Buying

Posted by Equitymaster After opening the day in the green, stock markets in India have continued their momentum and are presently trading on a positive note. Sectoral indices are trading on a positive note with stocks in the automobile sector and capital ...
 Equitymaster.com2 months ago
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