Page 16 - Disinvestment

Air India will have to shut shop if privatisation flops: Minister Puri

Government is considering a plan to exclude more than half of Air India's $11 billion of debt in the government's latest attempt to lure investors to the struggling carrier, said sources

BPCL conundrum: Govt sure of good returns, but says it's race against time

Govt officials and industry experts confident that the Centre's stake in BPCL can be sold at a premium of 20-30%

In biggest privatisation drive, govt to sell stake in BPCL, 4 other CPSEs

The management control will continue to be retained with the government after considering equity held by other state-run companies in the divested firm

Cabinet approves strategic sale of govt stake in BPCL, 4 other CPSEs

Govt's strategic divestment of BPCL will exclude Numaligarh Refinery; management control to be transferred to strategic buyer

Pawan Hans, 27 other CPSEs get strategic divestment approval: Anurag Thakur

The budget target for disinvestment during 2019-20 has been set at Rs 1,05,000 crore and the government has so far raised Rs 17,364.26 crore

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

Shipping ministry not opposed to strategic divestment of SCI: Official

The Shipping Ministry in 2017 had opposed the proposal of the strategic divestment of SCI

BPCL privatisation: No Cabinet decision yet on govt's disinvestment plans

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week.

Exit from 51 PSUs can fetch govt 7 times disinvestment goal of Rs 1.05 trn

Strategic buyers to be key for realising optimum valuations

Tread warily on privatisation

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

T K Pandey appointed new disinvestment secy; Ashok Malik advisor to MEA

Some disinvestments, including strategic sale of BPCL, are on the cards. The Cabinet has okayed the new policy to make Dipam as the nodal department for disinvestment

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

IRCTC IPO opens Monday. Here's why analysts suggest subscribing to it

The IPO is part of the government's ambitious disinvestment programme that targets raising Rs 1.05 trillion via this route in financial year 2019-20 (FY20).

As many as 11 IPOs in the pipeline, says Dipam's Dheeraj Bhatnagar

The Centre has set itself a target of raising Rs 1.05 trillion by way of disinvestment, in FY20

Govt speeds up divestment plans on upbeat sentiment after tax cut

Sources also said the prevailing market sentiment, if it holds, would be conducive to the Centre's strategic sale and asset monetisation

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

Best of BS Opinion: India's FTAs, misuse of agriculture credit and more

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

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