New Delhi: The process of the sale of the state-run Central Electronics Ltd (CEL) has moved to a concluding stage. Govt on Tuesday said that the financial bids for strategic disinvestment of.......

IDBI Bank Ltd to be fully disinvested along with transfer of management control Govt and LIC together own more than 94 percent of the equity of IDBI Bank (GoI 45.48%, LIC.......

The government holds 54.03 percent stake in BEML and is looking to sell off 28 percent, said sources The other two PSUs which are likely to be taken up for privatisation are NINL and.......

BPCL bid evaluation committee to meet on Tuesday to vet the three EoIs Vedanta, Apollo Global and I Squared Capital's arm Think Gas has submitted EoIs to buy BPCL New Delhi:.......

New Delhi: The government has begun the process for the disinvestment of a minority stake in TCIL (Telecommunications Consultants India Ltd), two notifications posted on the DIPAM (Department of.......

New Delhi: In an order released on Monday, the CCI (Competition Commission of India) gave a nod to the disinvestment of government’s shares in state-run THDC India Limited and NEEPCO (North.......

New Delhi: The current financial year may have seen the government trimming its target, but disinvestment in FY21 will be anything but conservative, sources from DIPAM (Department of Investment and.......

New Delhi: Even though DIPAM Secretary Tuhin Kanta Pandey said at the beginning of February that the EoI, or the Expression of Interest, for the sale of BPCL, will be out in a few days, the industry.......

New Delhi: At least five-six minority stake sale in various PSUs that are expected to fetch Rs 15,000 crore and the NTPC-THDC-NEEPCO deal are expected to help the government meet the revised.......

New Delhi: State-owned BPCL (Bharat Petroleum Corp Ltd) has posted a 26 percent drop in standalone net profit quarter-on-quarter in Q3 of FY2019-20 at Rs 1260.63 crore. In the September quarter of.......

New Delhi: The Economic Survey 2019-20 has urged the government to undertake strategic disinvestment of PSUs (public sector undertakings) in an aggressive manner in order to maximise the value of the.......

New Delhi: Oil public sector undertakings (PSUs) are set to hold another national convention on February 9 to chalk out the future plan of resistance against the strategic sale of BPCL (Bharat.......

New Delhi: State-run IOC (Indian Oil Corporation) will take a call on whether to throw its hat in the ring for BPCL or not after the government releases the rulebook for strategic sale, CMD (Chairman.......

New Delhi: The Centre has asked at least a couple of major public sector companies, including IOC (Indian Oil Corporation) and ONGC (Oil and Natural Gas Corporation), to prepare itself to take part.......

New Delhi: The Central government is likely to reduce its 2019-20 disinvestment target by nearly 60 percent as it looks difficult that it will meet the target it set for itself in this financial.......