Tuesday, January 31, 2023
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Much-awaited LIC IPO to hit market on May 4, close on May 9: Sources

Synopsis: The much-awaited Initial Public Offer (IPO) of Life Insurance Corporation (LIC) is likely to hit the market on May 4, said sources close to the development. The issue is expected to close on May 9 and the anchor book for the LIC IPO is expected to open on May 2

BPCL privatisation on back burner, SCI sale to be reviewed: Report

Synopsis: The turbulence caused by the COVID-19 pandemic and the Russia-Ukraine war has led the government to do some rethinking on some of its big-ticket privatisation plans, like Bharat Petroleum Corporation Ltd (BPCL) and Shipping Corporation of India (SCI)

Power sector employees to hold two-day strike on March 28-29 against privatisation

Protesting against the centre's privatisation policies and Electricity Bill 2022, power sector workers including power PSUs' employees will observe a strike on March 28-29

New PSE policy: DPE to identify PSUs for privatisation in non-strategic sectors

The Centre has entrusted the Department of Public Enterprises (DPE) with the responsibility of identifying PSUs for privatisation or closure in non-strategic sectors

A total of 20 PSUs are currently undergoing disinvestment: MoS Finance

Minister of State (MoS) for Finance Dr Bhagwat Kishanrao Karad has said that the government is currently processing transactions for a total of 20 PSUs

Privatisation: Will Coal India Ltd (CIL) subsidiaries be privatised?

According to three separate sources in the know of such matters, the government for now is not considering the privatisation of CIL subsidiaries

Air India privatisation: Homecoming for AI as Tata Sons wins bid for Rs 18,000 cr

The Air India privatisation/disinvestment process has come to a close with its homecoming as the government has accepted the Rs 18,000-crore bid submitted by Tata Sons

Govt reaches out to CIL for listing CMPDIL, divestment of 10% paid-up capital

The Ministry of Coal has reached out to CIL, proposing the listing of its consultancy arm CMPDIL on the bourses and the divestment of its 10 percent paid-up capital

Disinvestment: Govt to offload upto 10% stake in Hindustan Copper; OFS opens on Sep 16

The government is looking to offload up to 10 percent stake in Hindustan Copper Ltd through OFS, which opens for non-retail investors on September 16

What is National Monetisation Pipeline? Know it all here

National Monetisation Pipeline launched by Finance Minister on Monday estimates aggregate monetisation potential of Rs 6 lakh crores through core assets of Central Government

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