The plan to bring down the government's shareholding and the broad timeline for the sale would be shared with the ministry
The government on Thursday permitted 100 per cent foreign investment under the automatic route in oil and gas PSUs which have received in-principle approval for strategic disinvestment
Forces govt rethink on NINL valuation, delaying sale
Preliminary presentation made on insurer's prospects
Likely approval of 100% FDI and further progress on disinvestment are potential triggers
Govt expects no change in disinvestment proceeds
The disinvestment of loss-making plants may likely attract interest from secondary steel makers rather than the big players
Four to five PSBs have been suggested by the Niti Aayog and they will be discussed in the meeting, sources said
Proposals may directly go to CCEA for its nod
Banks, insurers part of the list as process kicks off
PEs need to engineer change and bring efficiency to the fore to deliver the returns demanded by their investors; or, alternatively, find outstandingly well-run banks to partner with, Bhasin said
Appointment of bureaucrats as PSU heads is illogical
Railway ministry denies charge, says divestment planned for next year
An asymmetric tax policy and the Navaratna's own fleet quality could make potential buyers wary
Govt must have a clear road map for PSB privatisation
History will judge this Budget based on whether the Centre's big bet on a public sector borrowing-driven growth revival works out
Here's a selection of Business Standard opinion pieces for the day
Human memory is short. That alone can explain why many are deliriously happy with his latest slogans and ignore seven years of poor "doing business" climate, taxtortion, extortionate oil prices
Govt's plan to monetise assets has rewards and risks
Unlike privatisation, monetisation of assets does not require transfer of ownership to private hands; instead, projects are vested with a trust or a private operator