Page 6 - Psu Disinvestment

Why India should ensure its privatisation programme is transparent and fair

NDA government recently approved the selling of the entire stake in BPCL, Shipping Corp. of India Ltd. It also approved selling a controlling 30.8% shareholding in Container Corp. of India Ltd

Top biz headlines: Sony eyes stake in Network18, RBI's HR trouble, and more

From Rs 2.5 trillion loan disbursement by PSUs to DHFL's audit report, Business Standard bring you the top business headlines for the day

OIL, IOC may get Numaligarh refinery as govt 'wants to keep it' with a PSU

A major reason why the government kept NRL outside the strategic sale of BPCL was its importance to the Assam Accord

The big push, finally

Strategic sale decision welcome; should have come earlier

Oil minister hints IOC, other PSUs may not bid for stake in BPCL

The Cabinet Committee on Economic Affairs had on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and 4 other PSUs

Congress protests in Lok Sabha over disinvestment of PSUs, electoral bond

"This is a big scam. The country is being looted. Please allow us to speak," Congress leader in Lok Sabha Adhir Ranjan Chowdhury said

Stake sale in BPCL, SCI, Concor to strengthen firms, boost growth: Ficci

The decision to undertake strategic disinvestment and transfer management control in entities like SCI, Concor, BPCL are welcome, Ficci said in a statement

Select PSUs rally on 'in-principle' nod for strategic disinvestment

Bharat Petroleum Corporation (BPCL) hit a new high of Rs 548, up 6 per cent.

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

BPCL stake sale may lead to reassessment of govt-OMC link: Ind-Ra

Traditionally, oil marketing companies (OMCs) have been used by the government to push its inclusive agenda, the latest being the dole out of free cooking gas (LPG) cylinders to poor women households

Tread warily on privatisation

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

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

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

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

The structure of asset sale

A vital question for the government, however, is whether it wants to pursue both equity disinvestment in PSUs and asset sale, simultaneously, and whether one company can figure in both programmes

6th tranche of CPSE ETF opens today for retail investors; should you apply?

The government plans to raise up to Rs 10,000 crore from this tranche of the CPSE ETF, which tracks shares of 11 Central Public Sector Enterprises (CPSEs).

From THDC India to Neepco, govt plans to list 10 PSUs this fiscal year

Without off-Budget borrowing, fiscal deficit would have been 3.55 per cent: Finance secretary

Govt aims to raise $47 billion from stake sales in PSUs in next five years

The plan will open up a steady stream of state companies to greater private investment