Page 3 - Psu Disinvestment

Defending the pvt sector

Govt must strengthen the overall regulatory framework

The public sector has failed but private sector is hardly an inspiration

Though private sector now creates more jobs than public sector, the scale of operations of even the giants in Indian biz has not been big enough to alter employment dynamics the way China has managed

Best of BS Opinion: Increasing fiscal constraints, Budget 2021, and more

Here's a selection of Business Standard opinion pieces for the day

Centre plans to take OFS route to sell 20% in National Fertilizers

Sale could fetch govt around Rs 408 crore

Govt likely to fetch around Rs 15,000 crore from sale of Air India

Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. The Tata group is being considered a frontrunner for acquiring Air India

Cabinet gives in-principle approval to privatise Rashtriya Ispat Nigam

The government currently holds 100 per cent stake in the maker of crude steel.

PSU privatisation: Govt to amend security clearance policy for investors

The changes are being proposed to obviate situations when a highest bidder fails the security clearance in the case of investment from China or other bordering nations on grounds of national security

Cabinet clears policy on PSU privatisation ahead of Union Budget

The contours of the policy and the strategy to privatise PSUs will be announced by Finance Minister Nirmala Sitharaman in the Budget

Having your cake and eating it

The relative underperformance of PSU shares in the market reflects all that is wrong with the current ownership and governance structure

Finance ministry holds meeting to discuss roadmap for asset monetisation

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

Stiff targets for PSUs: How they are caught between govt and markets

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

Budget 2021: Centre set to launch e-platform to sell non-core assets

Could help monetise assets worth Rs 10K cr

Air India's new owner may be allowed to trim fleet size, lay off staff

Since the skies are far from clear, the new owner will also be allowed to lay off employees, given their requirement will shrink with the reduction in the fleet size, said officials in the know

Govt may invite expressions of interest for Shipping Corporation this week

The government is planning to sell its entire 63.75 per cent stake in Shipping Corporation, along with transfer of management control

Buying jewel in the crown: BPCL a revenue churner, not a drain on finances

Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition

Centre's PSU disinvestment drive gets a helping hand from LIC, SBI

The two lapped up the bulk of shares during the offers for sale of HAL, Bharat Dynamics

Will the IPO everyone is waiting for come this year? Find out LIC 'plans'

In this podcast, Business Standard's Shrimi Choudhary discusses what has been done so far in the LIC IPO, what needs to be done to be on track and about the complexities surround the listing

Best of BS Opinion: The missing MPC, biodiversity loss, and more

Here's a selection of Business Standard opinion pieces for the day

A case for PSU bonus debentures

It may well be the solution to exceed divestment targets and pump-prime the economy

Rosneft, Saudi Aramco unlikely to bid in BPCL privatisation: Report

A source said that Aramco has halted most of its investment plans into India due to the oil price crash and is unlikely to bid for BPCL