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Kelkar calls for strong divestment process21-NOV-09
Vijay Kelkar, chairman of the thirteenth finance commission, has called for a “much stronger” disinvestment process of public sector companies, saying the money raised should be used to take care of environment degradation.
Govt should speed up divestment process: Kelkar20-NOV-09
The government should speed up the disinvestment process to generate funds for meeting the new needs such as environment protection, 13th Finance Commission Chairman Vijay Kelkar today said.
Divestment in SAIL, NMDC to fetch Rs 32,000 crore: Govt15-NOV-09
The government is likely to raise around Rs 32,000 crore from disinvestment in NMDC and Steel Authority of India Ltd (SAIL).
Govt hopes to raise Rs 8,100 cr via NTPC divestment13-NOV-09
The government today said it is expecting to raise about Rs 8,100 crore from the five per cent stake sale in power PSU NTPC through a follow-on public offer (FPO).
Foreign banks hope for big gains in divestment move11-NOV-09
Bank of America Merrill Lynch, Barclays Plc and JPMorgan Chase & Co are competing to sell shares for state-run companies in India as the government plans the biggest sell-off in at least five years.
Left opposes 'PSU stakes divestment' move06-NOV-09
Left parties today demanded cancellation of the government's decision to divest up to 10 per cent of its shares in profitable public sector units (PSU), calling it a "patently anti-national step".
Divestment candidates buzz on D-Street 06-NOV-09
The stocks of listed public sector companies that could be up for a stake sale have rallied in the day's trading following the divestment policy announced by the government.
CIL may hire merchant banker to advise on divestment02-NOV-09
The country's largest coal miner, Coal India (CIL), is likely to appoint a merchant banker soon to advise it on the proposed disinvestment in the company.
SAIL's divestment plans gets approval from FinMin23-OCT-09
State-owned SAIL today said the finance ministry has given its in-principle approval for 20 per cent disinvestment of the steel giant.
SAIL divestment next in line, 20% FPO on cards21-OCT-09
Disinvestment in the Steel Authority of India (SAIL) seems to be on the cards, with the government considering a two-phase, follow-on-public offer (FPO) of the Navratna. This will fetch the Centre over Rs 8,000 crore at current share prices.
SAIL divestment next in line; 20% FPO on cards20-OCT-09
Disinvestment in steel giant SAIL seems to be the next in stake sale in PSUs, with the government considering a two-phase follow-on-public offer (FPO) of the navratna firm, which will fetch the Centre over Rs 8,000 crore at current share prices.
Govt approves 10% divestment in SJVN19-OCT-09
The government today approved sale of its 10 per cent stake in Satluj Jal Vidyut Nigam (SJVN), the utility engaged in hydropower generation.
Decision on NTPC divestment delayed08-OCT-09
The government's decision to divest its stake in power PSU NTPC would be delayed as the Cabinet Committee on Economic Affairs could not meet today due to pre-occupation of key ministers.
It's best time now for divestment: PRIME Database28-SEP-09
Primary market tracking firm Prime Database has said it is the best time for the government to divest its stake in PSUs and it should target at least 60 public offers in five years.
Shipping Ministry favours divestment in Cochin Shipyard15-SEP-09
The Shipping Ministry supports the Department of Economic Affairs' move to divest government equity in state-run Cochin Shipyard, the largest shipping and ship repair yard in India, a top ministry official said today.
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