disinvestment
Infrastructure
Cabinet to review BPCL sale proposal next week
India’s cabinet is expected to evaluate a proposal to sell the government’s stake in state-run Bharat Petroleum Corp (BPCL.NS) next ......
TMT
IRCTC IPO covered 112 times on heavy investor demand
The initial public offering of state-run Indian Railway Catering and Tourism Corp. (IRCTC) was subscribed more than 100 times on ......
Infrastructure
Govt open to selling part of Air India to foreign airline
India’s government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people ......
Finance
Govt aims to raise $2.18 bn by cutting stakes in 18 firms to 75%
India’s government aims to raise up to 150 billion rupees ($2.18 billion) by reducing its stake in 18 state firms ......
Finance
Budget 2019: Govt lifts disinvestment target, open to reducing stake below 51%
The Union government on Friday increased its disinvestment target to a record Rs 1.05 lakh crore for the current financial ......
Infrastructure
Government clarifies still planning to sell Air India
India clarified on Thursday that plans to sell debt-laden state-run carrier Air India were still on track, hours after a ......
Finance
Budget 2019: Why India needs a more meaningful disinvestment strategy
Days after Prime Minister Narendra Modi assumed office for a second five-year term, the government’s policy think-tank Niti Aayog said ......
Infrastructure
State-run Rail Vikas Nigam makes muted stock market debut, lists at IPO price
Rail Vikas Nigam Ltd made a subdued debut on the stock exchanges on Thursday with shares of the state-run rail ......
TMT
How Pakistan "helped" India open the disinvestment account in new fiscal year
Life Insurance Corporation (LIC) of India and two other state-run insurers have acquired the so-called "enemy shares" in software services ......
Infrastructure
State-run Rail Vikas Nigam's IPO subscribed 1.8 times on final day
The initial public offering of state-run Rail Vikas Nigam Ltd crossed the ropes on the fourth and final day of ......
