Page 6 - Psu Disinvestment

Govt to wrap up sale of Air India, BPCL by March 2020: Nirmala Sitharaman

The finance minister stated the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target of Rs 1 trillion for the current fiscal year

BPCL stake sale may lead to reassessment of govt-OMC link: Ind-Ra

Traditionally, oil marketing companies (OMCs) have been used by the government to push its inclusive agenda, the latest being the dole out of free cooking gas (LPG) cylinders to poor women households

Tread warily on privatisation

Privatisation that is not carefully designed does little to help the economy - and it can be politically costly

CCEA may consider govt's stake cut in some PSUs to below 51% next week

This move is different from privatisation as the Centre will continue to hold a majority stake in these companies and they will still be classified as public sector enterprises

Letter to BS: Proposal to arm Dipam for disinvestment is a welcome move

It is often said that the government has no business to be in business but it has merely remained a statement till now

Streamlining disinvestment

Govt should go beyond making administrative changes

New proposal in works to give Dipam more power to carry out privatisation

Cabinet to discuss plan on strategic sale policy soon

BPCL jumps 7% on reports that the govt may sell stake to a pvt oil company

India is considering a plan to sell the nation's second-largest state refiner and fuel retailer to a global oil company, Bloomberg reported

The structure of asset sale

A vital question for the government, however, is whether it wants to pursue both equity disinvestment in PSUs and asset sale, simultaneously, and whether one company can figure in both programmes

6th tranche of CPSE ETF opens today for retail investors; should you apply?

The government plans to raise up to Rs 10,000 crore from this tranche of the CPSE ETF, which tracks shares of 11 Central Public Sector Enterprises (CPSEs).

From THDC India to Neepco, govt plans to list 10 PSUs this fiscal year

Without off-Budget borrowing, fiscal deficit would have been 3.55 per cent: Finance secretary

Govt aims to raise $47 billion from stake sales in PSUs in next five years

The plan will open up a steady stream of state companies to greater private investment

Outcome of 35% minimum public shareholding

Such an enforced dilution will offer chances to buy into certain closely-held shares

Budget 2019: Air India sale on cards, govt hikes divestment target for FY20

Will also offer more CPSEs for strategic participation by the private sector

Govt sets record disinvestment target of Rs 1.05 trn selling PSU stakes

While strategic sale will entail outright privatisation in some CPSEs, the government's direct holding can be brought down below 51 per cent but the effective control will remain with the government

Disinvestment target achievable; PSU stocks to remain subdued, say analysts

The government has already short-listed 10 central public sector enterprises (CPSEs), including RailTel, TCIL and Tehri Hydro Development Corporation (THDCL) for disinvestment in FY20.

CPSEs lined up for IPOs, will meet Rs 90,000-cr disinvestment target: DIPAM

The strategic disinvestment of Pawan Hans is also expected to be completed by March 2019

From HSCC to Central Electronics, strategic sale of 5 PSUs likely in FY19

The move comes after the government failed to find a single bidder for Air India, threatening to derail the Rs 800 billion disinvestment target for the current financial year.

Unlisted PSUs buy back Rs 26 bn stocks to help meet disinvestment goal

Govt control of these eight unlisted firms remained at 100% even after buyback; five of them are up for IPOs

NITI Aayog preparing new list of sick PSUs for disinvestment: Amitabh Kant

The government expects to raise Rs 800 billlion from PSU disinvestment in the next fiscal, lesser than Rs 1 trillion raised this year