disinvestment
Economy
Govt raises $1.98 bn from divestments in FY24, misses target
The Indian government has raised 165 billion rupees ($1.98 billion) in 2023/24 by selling its stakes in about 10 state-run ......
Economy
Govt set to miss FY24 divestment targets by more than half
India will struggle to raise even half the proceeds it had targeted from planned sales of state-run firms this year ......
Finance
Central govt gives in-principle nod for strategic divestment in IDBI Bank
The government has given an in-principle approval for strategic divestment along with transfer of management control of IDBI Bank Ltd, ......
General
Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks
The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates ......
Manufacturing
Govt invites initial bids for 26% stake in state-run BEML
India has invited initial bids from private firms for a 26% stake in state-owned defence and engineering company BEML Ltd, ......
Economy
Govt eyes asset sales to partly fund higher spending next year
India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects, relying ......
Infrastructure
Govt seeks bids to sell majority stake in Shipping Corporation of India
The Indian government on Tuesday invited bids to sell its 63.75% stake in Shipping Corporation of India (SCI) to a ......
Finance
Govt plans tough annual targets for state-run firms to boost valuations
India plans to set tough financial targets for state-run firms to try to improve their valuations ahead of a push ......
Manufacturing
Govt extends deadline for initial bids to buy Bharat Petroleum
India said on Wednesday it has extended the deadline for submitting initial bids to buy state-owned Bharat Petroleum Corp Ltd ......
Manufacturing
BPCL sale may be delayed until next fiscal year, worsening federal deficit woes
India's efforts to privatise refiner Bharat Petroleum Corp. Ltd. could spill over into the next fiscal year, according to a ......
