disinvestment

  1. Business
With the primary confirmed case of Novel Coronavirus being identified in Kerala, Dalal Street might quickly catch the flu that was till now restricted to world markets. Homegrown auto main Tata Motors on Thursday reported a consolidated web profit of Rs 1,738.30 crore for the third quarter ended December 31, 2019, helped by aggressive cost-cutting […]
  1. Business
Shares of choose public sector endeavor (PSU) rallied as much as 20 per cent on the BSE after the Government gave ‘in-principle’ approval for strategic disinvestment of 28 Central Public Sector Enterprises (CPSEs) with sale of majority stake of Government of India and switch of administration management. Hindustan Petroleum Corporation (HPCL) and Dredging Corporation […]
  1. Business
Finance Minister Nirmala SitharamanIANS The proceeds from authorities disinvestment at present stand at Rs 12,995.46 crore with the inclusion of Rs 637.97 crore realised from the preliminary public supply (IPO) of Indian Railway catering arm IRCTC, in accordance with Department of Investment and Public Asset Management (Dipam) information. During the present monetary 12 months 2019-20, […]
  1. Business
The disinvestment proceeds for the federal government may very well be in extra of Rs 7 trillion if it decides to exit from the 51 listed public sector models (PSUs) working in non-strategic sectors, reminiscent of oil advertising, metal, railways, transport, coal mining, and power, confirmed an evaluation by home brokerage Nirmal Bang. This […]
  1. Business
Security companies are uncomfortable with the Centre’s plan to promote BPCL to non-public entities as the corporate controls the Assam-based Numaligarh refinery, which is situated in a delicate and restive space. A senior security official mentioned that after the stake sale, the non-public traders might get their very own manpower on the corporate’s board and […]