Page 6 - Disinvestment

IPO going to be very positive development in LIC history, says Sitharaman

Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)

LIC IPO: Global market sell-off raises stakes for India's biggest listing

Landing the listing, which is slated for next month, will test India's capital markets at a time when about $5 trillion has been wiped out from global equities

Centre likely to miss divestment target again as BPCL remains unsold

The Centre expects to mop up nearly Rs 1 trillion from LIC's IPO

You started privatisation in 1991: Sitharaman to Cong in Rajya Sabha

Congress initiated the privatisation process in 1991 and disinvestment of worth over Rs one lakh crore was made in 1991 and the following years, she said

FY23 divestment target more realistic, not underestimation: Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday said the disinvestment target set for FY23 is more realistic and she wants to achieve it, and it is not an underestimation.

Budget 2022: Divestment target for FY23 set at a modest Rs 65,000 crore

FY22 divestment mop up revised to Rs 78,000 crore from Rs 1.75 trillion pegged earlier

Union Budget 2022: Through layperson's prism

The government seems to be determined to change the shape of recovery from K; it wants all to join the party in the world's fastest-growing economy.

Budget 2022: Centre lowers FY23 divestment target to Rs 65K crore

The Centre had planned major divestments and strategic sale of Air India, BPCL, public sector banks, an insurance company amongst others

Win-win deal: Why Air India privatisation has drawn little to no criticism

That such a deal can be greeted with celebration in the camps of both buyer and seller speaks volumes about the airline and its recent history, writes T N Ninan

Union Budget 2022: Key measures govt must take to address demand-side issue

The country's annual financial exercise this year, comes at a juncture when the outlook on both, global and domestic growth is uncertain in the context of the pandemic trajectory

Divestment delayed, but petchem plans on the track: Bharat Petroleum

The government's plan is to sell its entire 52.98 per cent stake in BPCL with the transfer of management control to a strategic buyer

What is the difference between privatisation and disinvestment?

Loss-making national carrier Air India was privatised last year. And the government is going ahead with LIC disinvestment this year. Find out the difference between these two terms

TMS Ep80: Gold rush, wedding industry, markets, privatisation

What is behind India's renewed love for gold? Will Omicron woes hit the wedding industry? Markets prepared for mini-lockdowns? What are privatisation and disinvestment? All answers here

Shortfalls, again

Union Budget must stop relying on disinvestment proceeds

Best of BS Opinion: India's fight against Covid, the GDP estimation debate

Here is the best of Business Standard's opinion pieces for Friday

Disinvestment needs a different approach

Since the government now has a clear policy for PSEs, it should recalibrate the disinvestment programme

Banking sector set to witness significant reforms in the new year

Privatisation of public sector banks and strategic disinvestment of IDBI Bank on the agenda of the government for 2022

Best of BS Opinion: Speculations about 2022, spirit of disinvestment & more

Here are the best of BS Opinion pieces of the day

Centre gets bids for Neelachal Ispat, sale moves to 'concluding stage'

The central government has accepted most demands made by potential buyers for the joint venture steel company.

The spirit of disinvestment

Govt should not force one PSU to buy another