Page 2 - Disinvestment Of Psus

Streamlining disinvestment

Govt should go beyond making administrative changes

Falling share prices likely to hit Centre's disinvestment target

Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation

Modi govt exploring opportunities for more mergers in energy: Dipam secy

FM Sitharaman said strategic disinvestment of select central PSUs would remain priority for this government

FinMin wants consultants for sale of PSU assets to achieve Rs 90k cr target

Firms that have handled at least 5 transaction advisory projects in the last 10 years with respect to monetisation of land and building or having experience in ReIT listing can apply

Govt invites bids for strategic disinvestment of 4 PSUs

The government has invited bids from central public sector enterprises (CPSEs) for buying its entire shareholding in consultancy firms, NPCC, HSCC and EPI as it looks to bring all advisory business under one outfit. Besides, the government wants to sell its 99.35 per cent stake in Kolkata-based construction company Bridge & Roof Co, which is under the control of the Heavy Industries Ministry. The government wants to sell its entire 98.99 per cent stake in National Projects Construction Corporation (NPCC) and 100 per cent each in Hospital Services Consultancy Corporation (HSCC) and Engineering Projects (India) Ltd, but only to Central PSUs, according to a notice inviting bids. The stake sale move is in line with the announcement Finance Minister Arun Jaitley made in his Budget for 2017-18 outlining the desire to merge PSUs to create large state-owned firms. The bids for NPCC, HSCC and EPI have to be put in by November 8, while that for Bridge & Roof Co it is ...