Page 7 - Psu Disinvestment

Outcome of 35% minimum public shareholding

Such an enforced dilution will offer chances to buy into certain closely-held shares

Budget 2019: Air India sale on cards, govt hikes divestment target for FY20

Will also offer more CPSEs for strategic participation by the private sector

Govt sets record disinvestment target of Rs 1.05 trn selling PSU stakes

While strategic sale will entail outright privatisation in some CPSEs, the government's direct holding can be brought down below 51 per cent but the effective control will remain with the government

Disinvestment target achievable; PSU stocks to remain subdued, say analysts

The government has already short-listed 10 central public sector enterprises (CPSEs), including RailTel, TCIL and Tehri Hydro Development Corporation (THDCL) for disinvestment in FY20.

CPSEs lined up for IPOs, will meet Rs 90,000-cr disinvestment target: DIPAM

The strategic disinvestment of Pawan Hans is also expected to be completed by March 2019

From HSCC to Central Electronics, strategic sale of 5 PSUs likely in FY19

The move comes after the government failed to find a single bidder for Air India, threatening to derail the Rs 800 billion disinvestment target for the current financial year.

Unlisted PSUs buy back Rs 26 bn stocks to help meet disinvestment goal

Govt control of these eight unlisted firms remained at 100% even after buyback; five of them are up for IPOs

NITI Aayog preparing new list of sick PSUs for disinvestment: Amitabh Kant

The government expects to raise Rs 800 billlion from PSU disinvestment in the next fiscal, lesser than Rs 1 trillion raised this year

All market options open on divestment: Centre

Only 78 days left in financial year, govt scrambles to meet rest 60% of target

Cabinet gives in-principle nod to disinvestment and strategic sale of PSUs

Candidates for sales, disinvestment to be decided on a case-by-case basis

NMDC, NALCO, MOIL share sale may kick off in March quarter

The government holds 80% stake each in NMDC and MOIL, and 74.58% in NALCO

NITI Aayog bats for strategic sale of 22 central PSUs

Sick PSU freehold land to be offered to state govts for public use

The rock-bottom story of disinvestment

Like NTPC, in many companies where the government has been selling, the destruction of value is difficult to miss