Page 18 - Disinvestment

Strategic sales sans strategy

Modi government experimented with different types of sales of its shares in PSUs to boost disinvestment receipts

Govt crosses divestment target for 2nd year in a row; rakes in Rs 85,000 cr

In FY18, Centre raised Rs 1 trn, compared to a budgeted target of Rs 72,500 cr

Govt exceeds FY19 divestment target by Rs 5,000 cr, rakes in Rs 85,000 cr

The govt has mopped up Rs 9,500 crore from the fifth tranche of CPSE ETF and Rs 14,500 crore from the REC-PFC deal

Govt's disinvestment proceeds touch Rs 53,558 crore in current fiscal year

The additional offering of Bharat-22 Exchange Traded Fund (ETF) garnered about Rs 10,000 crore to the exchequer

Government may miss disinvestment target by Rs 20,000 cr, says report

On an average, the government has achieved nearly 65 per cent of the budgeted divestment target between FY14 and FY17

Govt confident of crossing disinvestment target, hopes to garner Rs 850 bn

Senior government sources said buybacks by public sector units could get the exchequer between Rs 120 billion and Rs 150 billion

Enemy shares sale: Disinvestment dept to frame rules after consultation

The Union Cabinet, chaired by Prime Minister Narendra Modi, last week gave 'in-principle' approval for sale of shares which are part of 'enemy property'

CPSE mergers, share buybacks: How govt plans to meet disinvestment target

To kickstart the merger and acquisition process, authorities will soon invite bids from merchant bankers and legal firms to handle consolidation

Govt's disinvestment target likely to fall short by Rs 100-150 billion

Disinvestment target of 2018-19 is likely to fall short of Rs 800-billion

Govt drafting framework to fast-track sale of non-core businesses of CPSEs

In the current fiscal, the government has set a disinvestment target of Rs 800 billion, which includes strategic and minority stake sale in CPSEs

Glass half full: Disinvestment kitty swells to Rs 37,866 crore

IPOs have accounted for the bulk of the disinvestment proceeds this year

Not real disinvestment

Buybacks are hardly the way to exceed targets

Buybacks and LIC fuel record FY17 disinvestment

If not for the two, proceeds would have been slim

Govt moves swiftly on strategic sale, puts more PSUs on block

Pawan Hans is a joint venture where state-owned ONGC holds 49 per cent

BEML gets 'in-principle' approval for divestment of GoI's 26% stake

Cabinet Committee on Economic Affairs gives nod to stake sale

Meghwal faces a disinvestment problem next door

BMS threatens to protest outside the minister's home if govt sells off New Delhi's Hotel Janpath

Disinvestment kitty swells to Rs 34,800 cr this year

In 2016, the govt focused on doing the spade work for the strategic sale of nearly 200 PSUs

Highest-ever Apr to Sept divestment proceeds at Rs 21K cr

Proceeds so far for April-September are already at 37 per cent of the combined target and 58 per cent of the minority stake sale and buyback target.

Green concerns cloud govt's divestment drive

Some overseas investors refuse to be part of roadshows, citing environment risks

Rahul Khullar: Disinvestment dilemmas

Disinvestment is supposed to result in improved management of public sector enterprises and incidentally, raise revenues. However, the revenue motive has dominated, to the exclusion of all else