Friday, January 27, 2023
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Gujarat govt prepares elaborate divestment plan of state-run PSUs

Gujarat government has begun the process of divesting from the state-run enterprises, following the centre's strategic disinvestment of PSUs

BoB to hire strategic partner for its subsidiary Nainital Bank

BoB has decided to hire a strategic partner for its subsidiary, Nainital Bank Ltd (NBL) to divest its majority stake and relinquish its control

SBI Capital Markets to monetise investments in PTC Energy: PTC India

PTC India has roped in SBI Capital Markets (SBICAPS) as consultant for monetising investments in its arm PTC Energy & suggesting strategies for divestment

IDBI Bank Board approves divestment of remaining 25% stake in life insurance arm

Synopsis: The Board of Directors of IDBI Bank has approved the divestment of the bank's remaining 25 percent stake in Ageas Federal Life Insurance Company Limited (AFLI) to Ageas Insurance International NV (Ageas), the bank said in a regulatory filing

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

DIPAM ends 2020 with disinvestment yield of Rs 12,778 cr against target of Rs 2.1 lakh cr

At the end of December 2020, DIPAM has managed to raise Rs 12,778.36 crore from disinvestment against the target of Rs 2.1 lakh crore

Air India employees seek Rs 50,000-crore financial package from govt

In a letter addressed to Prime Minister Narendra Modi, Air India employees have sought a Rs 50,000-crore financial package for the state-run airline

This is why BPCL privatisation may not happen in FY2019-20

With just three months to go for the financial year to end, official sources seem unsure that the BPCL privatisation deal will take place before FY 2019-20 end

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