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FinMin plans to launch ETF with bank stocks

ETFs function like a mutual fund scheme and have underlying assets of government-owned companies. Illustration: Dominic Xavier/ The finance ministry is planning to launch an exchange......

Here's how Jaitley's on course to meet FY19 fiscal deficit target

However, independent economists are not as gung-ho as the finance ministry over the likelihood of deficit target being met this time around, says Indivjal Dhasmana. IMAGE: Union Finance Minister......

Will the Modi govt get its divestment maths correct?

A chunk of divestment till now has come from follow-on offerings in the Centre’s two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies......

Govt's lopsided plan to meet divestment target

The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year Illustration: Uttam Ghosh/ The government’s plan to meet divestment......

2017-18 divestment proceeds may exceed Rs 72,500 crore

For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore. Illustration: Dominic......
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Govt mulls merger of small power firms with NTPC, NHPC

NTPC or NHPC may takeover smaller power companies such as THDC, SJVN and NEEPCO. | Sep 12, 2019, 01.59 PM IST Getty Images Company... ...
SJVN net up 44% at Rs 423 cr in June quarter

Total income rose to Rs 815.06 crore during the latest June quarter from Rs 650.50 crore a year ago. ...
DIPAM writes to power ministry to explore NTPC-SJVN merger

Thu, Jul 18 2019 09:27:53 PM By Anjana Das New Delhi, Jul 18 (IANS): The government's sell-off department DIPAM has written to the power ministry... ...
NTPC gains after CLSA retains #39;buy#39;; sees 22% upside on potential SJVN merger

SJVN could double hydro capacity with its pipeline of 2.7 GW of regulated hydro assets, said CLSA which like NTPC#39;s merger acquisition (MA)... ...
SJVN, BHEL in MoU for solar projects

The MoU aims at building a strategic partnership between the parties for jointly pursuing commercial solar power projects through participation in... ...

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