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Speed up divestment process, FM to officials

Finance Minister P Chidambaram has asked officials to expedite the process of disinvestment so that state-owned companies could hit stock markets in time and help the government achieve the target......

Divestment target has to be achieved: FM

The sluggish market situation notwithstanding, Finance Minister P Chidambaram on Thursday clarified to ministry officials he wouldn't accept any slippage in the government's Budget divestment......

Divestment target will be met, FinMin confident

The finance ministry on Wednesday said it is working out modalities for stake sale in PSUs and exuded confidence that government will meet the Rs 30,000 crore (Rs 300 billion) divestment target for......

Cash-rich PSUs can now buy stakes in peers

As part of the government's efforts to balance demand and supply in the market on the disinvestment front, cash-rich public sector companies have been allowed to buy equities of other central......

Govt going ahead with OIL divestment: DoD Secy

Divestment Ministry on Friday said it has received in-principle clearance from Petroleum Ministry and is going ahead with the sale of government equity in Oil India Ltd (OIL)."Correspondence was......

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