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disinvestment news

Privatization: Govt successfully sells Central Electronics Ltd in second attempt

Cabinet Committee on Economic Affairs has approved the highest price bid of Nandal Finance and Leasing Pvt Ltd for the sale of 100% equity shareholding in Central Electronics Ltd (CEL)

After 19 years, India will see 5-6 PSU privatisation this year: DIPAM Secretary

DIPAM Secretary Tuhin Kanta Pandey has said that after a gap of 19 years, India will see five to six PSU privatisations this financial year

BEML appoints Deloitte for demerger of non-core assets ahead of disinvestment

BEML Limited has appointed Deloitte Haskins & Sells LPP for the demerger of non-core assets ahead of disinvestment

SCI Disinvestment: Govt has received multiple EoIs, says DIPAM Secretary

The government has received multiple Expressions of Interest (EoI) for the disinvestment of state-run SCI, the DIPAM Secretary has said

FY22 will be a very important year in history of PSU privatisation: CEA

CEA Subramanian has said that after a year marred by the COVID-19 pandemic, FY2021-22 will be a very important year in the history of PSU privatisation in India

Disinvestment: Govt selling all stake in Shipping Corporation of India, invites global bids

India Govt has issued an expression of interest on Tuesday morning for strategic disinvestment of all its 63.75% stake along with the management control, the deadline for submitting the bid is February 13, 2021

Idle PSU assets do not contribute to Atmanirbhar Bharat: DIPAM Secretary

Time for PSUs' top management to introspect and ensure that the investors who are investing in public sector companies are also rewarded as those investing in nifty and are not shortchanged, said DIPAM Secretary Tuhin Kanta Pandey

PSU Disinvestment: Now it’s NMDC’s turn to announce share buyback

Modi government is effectively tapping share buybacks by cash-rich PSUs for divestment of its stake and after KIOCL, NTPC and HPCL, now NMDC board has announced share buyback worth of more than 13.12 crore at Rs 105 per share

Disinvestment: Govt planning to hive off Indian Oil transmission business?

The list of oil marketing PSUs that the government is planning to take up for disinvestment to raise a corpus of Rs 1.05 lakh crore seems to have a new entrant — Indian Oil

Govt starts preparation for disinvestment of BEML

The government has started the preparatory work for the disinvestment of 26 percent stake in state-run BEML Ltd, sources said

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