News for 'Disinvestment'

BJP trying to take credit for Chandrayaan-2: Mamata

BJP trying to take credit for Chandrayaan-2: Mamata

Rediff.com6 Sep 2019

The implementation of the NRC as nothing but a political vendetta of the Bharatiya Janata Party-led central government, she told the assembly.

Finance ministry rejects NTPC's FPO

Finance ministry rejects NTPC's FPO

Rediff.com16 May 2008

The power ministry had approached the department of disinvestment in August 2007 for approval for NTPC's FPO, which could fetch the company nearly Rs 6,000 crore to part-finance its expansion programme.

With Budget, Arun Jaitley stays the course

With Budget, Arun Jaitley stays the course

Rediff.com2 Feb 2017

Finance minister attempts a clean-up job, keeps projected expenditure growth low.

Oil India to hit capital market on Sep 7

Oil India to hit capital market on Sep 7

Rediff.com28 Aug 2009

The offer will be open from September 7 to 11 and the price-band has been fixed between Rs 950 and Rs 1,050 per equity share. OIL, which produces 3.5-million tonnes of oil annually, will offer 2.64-crore equity shares to the public through the IPO.

Why India's policymakers need to respond to US Fed

Why India's policymakers need to respond to US Fed

Rediff.com27 May 2016

India has not been able to compete with countries such as Bangladesh and Vietnam.

NHPC IPO may raise Rs 1,850 cr

NHPC IPO may raise Rs 1,850 cr

Rediff.com23 Jul 2009

The government is set to exceed its 2009-10 disinvestment target of Rs 1,120 crore through the first company that is slated to go to the markets this year -- NHPC.

PSU stocks wealth erodes by Rs 82,000 cr

PSU stocks wealth erodes by Rs 82,000 cr

Rediff.com6 Jul 2009

The country's government-run firms suffered a loss of over Rs 82,000 crore (Rs 820 billion) on a single day on Monday with no significant announcement like FDI hike in some sectors or disinvestments in PSUs in the Budget 2009-10.

'Subsidies cannot be eliminated from the Budget'

'Subsidies cannot be eliminated from the Budget'

Rediff.com12 Jul 2014

All these measures will revitalise the manufacturing sector, which has been in doldrums.

M&M for sell-off of PSIDC stake in Punjab Tractor

M&M for sell-off of PSIDC stake in Punjab Tractor

Rediff.com15 Jan 2003

M&M for sell-off of PSIDC stake in Punjab Tractor

Arvind Panagariya's hits & misses as vice-chairman of NITI Aayog

Arvind Panagariya's hits & misses as vice-chairman of NITI Aayog

Rediff.com3 Aug 2017

Initiated move to privatise Air India, but reports on poverty and cast census remained unfinished

Arun Jaitley enters his toughest quarter in years

Arun Jaitley enters his toughest quarter in years

Rediff.com2 Jan 2015

A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates

How to invest in markets after Friday's BLOODBATH

How to invest in markets after Friday's BLOODBATH

Rediff.com1 Mar 2021

'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'

Piyush Goyal's maiden Budget, at a glance

Piyush Goyal's maiden Budget, at a glance

Rediff.com1 Feb 2019

Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.

Post elections, RBI to update RTI disclosure norms

Post elections, RBI to update RTI disclosure norms

Rediff.com9 May 2019

The Supreme Court had observed that issues of national economic interest; disclosure of information regarding currency or exchange rates/interest rates/ taxes; regulation or supervision of banking, insurance and other financial institutions; proposals for expenditure or borrowing, and foreign investments, could all, in some cases, harm the national economy, especially if released prematurely.

How govt plans to control fiscal deficit

How govt plans to control fiscal deficit

Rediff.com3 Nov 2017

Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1

E-bidding: Govt to explore English auction system for divestment

E-bidding: Govt to explore English auction system for divestment

Rediff.com7 May 2018

The IPL uses this system for players' auction.

Few things RBI expects from the Modi government

Few things RBI expects from the Modi government

Rediff.com9 Dec 2014

The RBI expects change, presumably commencing in the next Budget, but must hold its current view until this actually happens.

Tourism industry got a boost in 2007

Tourism industry got a boost in 2007

Rediff.com22 Dec 2007

With the country racing to meet the Commonwealth Games deadline, the year 2007 saw the tourism industry bargaining tax sops for budget hoteliers and those wishing to double up their homes as 'bed-and-breakfast' inns to cater to the big rush.

India COVID-19 tally tops 2.6 lakh with 9,987 new cases

India COVID-19 tally tops 2.6 lakh with 9,987 new cases

Rediff.com10 Jun 2020

India is the fifth worst-hit nation by the COVID-19 pandemic after the United States, Brazil, Russia and the United Kingdom, according to the Johns Hopkins University data.

It's free for all at ITDC's Ashoka

It's free for all at ITDC's Ashoka

Rediff.com16 May 2007

Barely able to stand on its own feet after the disinvestment blow, the Indian Tourism Development Corporation is now struggling to get unpaid dues totalling Rs 15 crore (Rs 150 million from the government.

Stake sale in insurance cos could net govt upto Rs 18K crore

Stake sale in insurance cos could net govt upto Rs 18K crore

Rediff.com19 Jan 2017

The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down.

Jaya acquitted in SPIC divestment case

Jaya acquitted in SPIC divestment case

Rediff.com23 Jan 2004

Special Judge R Rajamanickam also acquitted former state industries secretary, C Ramachandran, and industrialist A C\n\nMuthiah who were charged in the case along with Jayalalithaa.

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

Rediff.com21 Mar 2018

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said

Ministry pushes for power IPOs

Ministry pushes for power IPOs

Rediff.com24 Aug 2006

With disinvestment on hold, the power ministry now seeks approval for initial public offers of power companies.

Budget: Oppn slams govt for 'all talk, nothing concrete'

Budget: Oppn slams govt for 'all talk, nothing concrete'

Rediff.com1 Feb 2020

Slamming the Union budget as 'insipid' and lacking in stimulus for growth, the Congress on Saturday said it does not address the main issue of unemployment and describes the mindset of the government.

NTPC, IOC up for stake sale, govt to mop up Rs 13k crore

NTPC, IOC up for stake sale, govt to mop up Rs 13k crore

Rediff.com13 May 2015

Govt to earn Rs 13,000 crore via stake sales in NTPC and IOC.

Left parties will not attend UPA meetings

Left parties will not attend UPA meetings

Rediff.com26 Jun 2005

Left parties on Sunday decided to suspend participation in the United Progressive Alliance-Left coordination committee\nmeetings to protest against the government's decision to go ahead with disinvestment .

Govt for offloading 10% stake in CIL, plans IPO

Govt for offloading 10% stake in CIL, plans IPO

Rediff.com23 Jun 2006

The government, which on Thursday decided to sell ten per cent stake in NALCO, now contemplates offloading ten per cent stake in the Coal India Limited through initial public offerring.

Government decides to step out of Maruti

Government decides to step out of Maruti

Rediff.com28 Apr 2007

Finance Minister P Chidambaram and Heavy Industry Minister Santosh Mohan Dev on Friday held discussions on the sale of the government's 10.27 per cent residual stake in the auto major.

Neyveli share sale fully subscribed, govt gets about Rs 350 cr

Neyveli share sale fully subscribed, govt gets about Rs 350 cr

Rediff.com2 Aug 2013

Earlier this month, market regulator Sebi had given go- ahead to the disinvestment department's proposal to give preference in share allotment to those PSUs located in states in which Neyveli's generating units were located.

Divestment in IOC gets Cabinet nod

Divestment in IOC gets Cabinet nod

Rediff.com2 Aug 2013

The government cleared the proposal despite opposition from the petroleum ministry, which says this is not the right time for divestment as the sector is moving from trade parity to export parity pricing.

Privatisation:How much sacrifice should poor make?

Privatisation:How much sacrifice should poor make?

Rediff.com26 Feb 2007

Non-availability of minimum facilities is the sacrifice the rural poor are being forced to make in pursuit of the Left's ideology.

Do you know what Modi's AMs are, and what they do?

Do you know what Modi's AMs are, and what they do?

Rediff.com8 Jan 2020

'The AMs are a different beast and reflect the political play within the government.' 'Prime Minister Modi does not need to assuage any interest group to take the final call on any decision that belongs rightfully to the Cabinet,' points out Subhomoy Bhattacharjee.

Air India stake sale: 14 firms in race to advise govt

Air India stake sale: 14 firms in race to advise govt

Rediff.com27 Oct 2017

Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.

Govt unlikely to divest profit-making PSUs: FM

Govt unlikely to divest profit-making PSUs: FM

Rediff.com12 Dec 2006

Finance Minister P Chidambaram on Tuesday said the government was unlikely to divest its stake in any of the profitable public sector units in near future.

Sterlite notice on Balco sale

Sterlite notice on Balco sale

Rediff.com13 May 2006

Centre may completely exit Air India, sell its residual stake to LIC

Centre may completely exit Air India, sell its residual stake to LIC

Rediff.com5 Apr 2018

According to preliminary information memorandum, Air India's new owner will be asked to list the company in some time

CAA used to divert attention from economic issues: Oppn in Rajya Sabha

CAA used to divert attention from economic issues: Oppn in Rajya Sabha

Rediff.com4 Feb 2020

As the House took up the debate on Motion of Thanks on the President's Address, the Bharatiya Janata Party launched a frontal attack on opposition parties specially the Congress for their stance against the CAA, saying they were trying to divide the nation.

Hetero buys Lyka JV pie

Hetero buys Lyka JV pie

Rediff.com27 Mar 2006

Banking services to be hit by Sep 2 strike

Banking services to be hit by Sep 2 strike

Rediff.com1 Sep 2015

In all, 14 unions representing bank employees and officers will be supporting the day-long stir.