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Department Of Disinvestment

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The dud of a stink bomb

By castigating the reforms themselves because of the remediable and reversible defaults here and there in carrying them out, Yashwant Sinha is throwing out the baby along with the bath water, says......

Post Air India sale, IAF may own PM's aircraft

The government is also planning to replace the current ageing Air India One or Boeing 747 with Boeing 777s. Arup Roychoudhury and Archis Mohan report. The Indian Air Force might own and......

In a first, PMO assigns work for junior ministers

Breaking a long tradition, the PMO has ensured that specific divisions in each ministry are allocated to junior ministers, report Sanjeeb Mukherjee and Archis Mohan. Within about a fortnight of......

The good news is Parliament is running: PM

"The good news is Parliament is running," remarked Prime Minister Narendra Modi on Friday as he sent his audience at an event into peals of laughter. Modi was delivering the inaugural address at......

PHOTOS: Bharat bandh hits normal life; Bengal, Kerala among most affected

A day-long nationwide strike on Wednesday impacted normal life in various parts of the country with coal production, banking operations and transport services being hit the most, while violent......

Divestment department gets a fancy name 'Dipam' but wings clipped

The guidelines for strategic disinvestment were issued on Monday itself when Finance Minister Arun Jaitley presented the Union Budget for 2016-17.    The government has limited the role......

FinMin to use Facebook, Twitter to push divestment

The Department of Disinvestment in the Finance Ministry aims to target domestic institutional investors, foreign institutional investors, retail investors, high net worth individuals, policy makers......

Roadshow for Coal India stake sale likely from Oct 21

The Department of Disinvestment is likely to embark on eight-day roadshow in London and some cities in the US from Monday to woo foreign investors for further 5 per cent stake sale in Coal India......

Govt initiates process for Engineers India stake sale

The Department of Disinvestment (DoD) will soon appoint merchant bankers to manage 10 per cent stake sale in Engineers India Ltd (EIL) which may fetch Rs 520 crore (Rs 5.2 billion) to the......

Govt may put 3% holding in public sector ETF

The Department of Disinvestment has proposed an exchange-traded fund of listed public-sector enterprises that would constitute an offering of up to three per cent government holding.According to......
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Modi govt's pathetic track record

Out of nearly 30 public sector undertakings and assets under ‘strategic sale’ plan, only the ONGC-HPCL plan has been completed... ...

http://www.rediff.com/money/report/divestment-modi-govts-pathetic-track-record/20180611.htm
Revised bidding norms for Air India likely soon

According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment. The government... ...

http://www.rediff.com/money/report/revised-bidding-norms-for-air-india-likely-soon/20180607.htm
Govt to explore English auction system for divestment

The IPL uses this system for players’ auction. Illustration: Uttam Ghosh/Rediff.com In a departure from physical bids, the Centre is working... ...

http://www.rediff.com/money/report/divest-govt-to-explore-english-auction-system-for-divestment/20180507.htm
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... ...

http://www.business-standard.com/article/news-ani/centre-urges-private-equity-vc-funds-to-bid-for-strategic-divestments-118042000676_1.html
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... ...

http://www.business-standard.com/article/pti-stories/govt-to-list-neepco-mstc-invites-bids-from-merchant-bankers-118041200658_1.html

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