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disinvestment

Govt keen to speed up stake sale in IDBI Bank, three others

Finance

18 August, 2020

Govt keen to speed up stake sale in IDBI Bank, three others

Indian Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in at ......

Govt extends bid submission deadline for stake in BPCL

Manufacturing

30 July, 2020

Govt extends bid submission deadline for stake in BPCL

India's finance ministry said Wednesday it had extended the deadline for submission of bids for the sale of its stake ......

Govt plans to sell majority stake in Bank of India, five other state-run banks

Finance

20 July, 2020

Govt plans to sell majority stake in Bank of India, five other state-run banks

India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......

Premium
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot

General

19 May, 2020

Why one-year suspension of bankruptcy law has put bankers, investors in tough spot

Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government has decided ......

Govt to privatise state-run firms, halt fresh insolvencies amid pandemic

Finance

17 May, 2020

Govt to privatise state-run firms, halt fresh insolvencies amid pandemic

India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year, ......

India faces revenue fall as coronavirus bites economy

Economy

12 March, 2020

India faces revenue fall as coronavirus bites economy

India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits ......

Budget 2020: Govt to sell stake in LIC, doubles disinvestment target

Finance

01 February, 2020

Budget 2020: Govt to sell stake in LIC, doubles disinvestment target

The government has doubled its disinvestment target for the next fiscal year to Rs 2.1 trillion (about $29.36 billion) to ......

Budget 2020: Tax tweaks but little else as govt wishes for a revival

Economy

01 February, 2020

Budget 2020: Tax tweaks but little else as govt wishes for a revival

On Saturday, while delivering her second union budget speech, Nirmala Sitharaman spoke for almost two hours and 40 minutes, the ......

ITI extends follow-on share sale period for second time

TMT

31 January, 2020

ITI extends follow-on share sale period for second time

State-run telecommunications equipment maker ITI Ltd has extended its follow-on public offering (FPO) by three more days, stretching the period ......

Economic Survey takes a cue from Temasek to push disinvestment

Economy

31 January, 2020

Economic Survey takes a cue from Temasek to push disinvestment

The Indian government should weigh the possibility of creating a corporate entity akin to Singapore state investment firm Temasek Holdings ......