Say Centre should push PSU share sale as markets hit record high
The interested bidders should have a minimum net worth of Rs 2,000 crore
Move to merge may erode BSNL value, say officials
Department of Investment and Public Asset Management (DIPAM) had signed an agreement with World Bank, in November 2020, to provide advisory services to the government for asset monetization
Move would improve governance, help lenders raise equity from the market
State-owned companies have been set stiff targets to increase accountability as they get ready for disinvestment. Here's why meeting them will be challenging
Minister says tech being developed by country's startups will ensure drones perform mandated functions without any concerns on security
Medium-term growth to slow around 6.5 per cent a year over FY23 to FY26
Some measures for easier infra financing also on the card
On offer are 206.5 million shares, or 5% of company's stock, at a floor price of Rs 64 a share, with option to sell another 5% if issue is oversubscribed
Say India needs to bring down import duties over time
Say India needs to bring down import duties over time
The practice of procurement from certain states has also resulted in regional disparities in production
The policy will provide clarity on lease rates the new buyer of the company will have to pay
The government has amended the labour ministry's notification in this regard
Could help monetise assets worth Rs 10K cr
The current fiscal year (2020-21) for divestment has been challenging, with the Covid-19 pandemic having dragged the markets to record lows
The government's shareholding in the lender is 47.11 per cent, while LIC holds 51 per cent in it
The sale could fetch the government Rs 1,055 crore, according to the company's share closing price on Friday
The Public Sector Enterprises policy would include broad contours of the government's plans for privatisation.