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strategic sale

Can Govt achieve its disinvestment target this year?

Can Govt achieve its disinvestment target this year?

Mon, Aug 07, 2017

Government has set a disinvestment target of Rs 72,500 crore this financial year 2017-18.

Mahindra may plan for IPO or strategic sale in logistics arm in FY19

Mahindra may plan for IPO or strategic sale in logistics arm in FY19

Sun, Apr 30, 2017

The company, which got incorporated as a separate entity in 2008 after eight years of working as an in-house department, will close FY 2016-17 with revenues of Rs 2,600 crore

Dredging Corp rises 12% as Govt looks to sell majority stake

Dredging Corp rises 12% as Govt looks to sell majority stake

Mon, Mar 06, 2017

Shares of Dredging Corporation of India (DCI) soared over 12% touching 52-week high on Monday morning as Government looked to sell its majority stake in the company. At 0947 hours, shares of Dredging Corp were trading at Rs 493.50 per piece on BSE, above Rs 48 or 10.77%.

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Disinvestment receipts to touch Rs 45,000 crore: Jaitley

Disinvestment receipts to touch Rs 45,000 crore: Jaitley

Sun, Feb 05, 2017

"It's true this government does not make a song and dance about disinvestment. I fix a target in every Budget...This year, I am going to touch Rs 45,000 crore in one year," he said at a panel discussion on TV channel Times Now.

Government plans strategic sale of 3 public sector units, merger of 4

Government plans strategic sale of 3 public sector units, merger of 4

Fri, Feb 03, 2017

The Government of India is planning to exit its holding in three public sector units- Bharat Pumps & Compressors (BPCL), Bridge & Roof Co and Hindustan Fluorocarbons -- by selling its stake to strategic buyers.

Budget 2017: Meeting disinvestment target is key to achieving fiscal deficit goal

Budget 2017: Meeting disinvestment target is key to achieving fiscal deficit goal

Wed, Feb 01, 2017

Jaitley said that the Government plans to raise Rs 72,500 crore through disinvestment. In his Budget speech, FM Arun Jaitely said, “The government plans to raise about Rs 72,500 crore through disinvestment of central public sector enterprises (CPSE) in 2017-18.”

Budget 2017: Can Centre deliver on its disinvestment promise?

Budget 2017: Can Centre deliver on its disinvestment promise?

Mon, Jan 23, 2017

Sanjeev Prasad, Suvodeep Rakshit , Sunita Baldawa and Anindya Bhowmik of Kotak Institutional Equities wrote, “We expect the government to continue to focus on divestment of its stakes in various companies to bolster its overall revenues. The divestment figure will be crucial as tax revenues may not be entirely supportive of likely higher capital expenditure as well as revenue expenditure.”

Disinvestment: Strategic sale in 16 public sector companies possible this year

Disinvestment: Strategic sale in 16 public sector companies possible this year

Mon, Jul 11, 2016

Moreover, last week, Amitabh Kant, CEO of NITI Aayog presented a road map on government's disinvestment plan.

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