Divestment Target

Comparing the PSUs with corporates Madhusudan Kela said that in the last three years, the government has underpromised and overperformed

Budget 2020: 'Govt could come out with policies to revive real estate sector'

We believe that the government will continue its focus on infrastructure, housing, manufacturing and rural economy as a lot still needs to be do done on all these fronts.

Centre hope meet PSUs' holding cap through special funds

The Securities and Exchange Board of India (SEBI) and the government are looking at various options to work around the challenges the Centres faces to offload its stakes in public sector companies to meet the August 2017, reported Business Standard.

ONGC-HPCL merger gives India heft in global M&A scene

Jaitley, in his Budget speech, had spoken of creating oil majors which would be able to match the performance of international and domestic private sector oil and gas companies.

COMMENT: Should you buy into the government's stake sale in these 4 PSUs?

The government is planning to raise Rs 12,000 crore through the Offer for Sale route with likely candidates being Nalco, NMDC, MOIL and BEL. Here‘s a brief look at the prospects of the four companies.

Govt meets revised Rs 25000cr FY16 divestment target

The government has met its scaled-down FY16 divestment target of Rs 25,000 crore, thanks to a final push via a buyback of shares through a couple of state-run companies.

Govt needs to change tack to meet divestment target: Haldea

There will be huge retail demand for the divestment offerings since the shares will be offered at a discount and the companies have a solid track record, says Haldea

Surprising why govt hasn't moved on divestment: Haldea

"Given that nothing has been done on divestment front, I will be surprised if government achieves FY15 divestment target," says Prithvi Haldea, MD, Prime Database.

Rupee won't tank, foreign reserves worth $270 bn: Mayaram

Mayaram said the intrinsic value of the rupee is between 58 and 60 against the dollar.

SAIL OFS forced fed, ill-timed: Udayan

It looks like the SAIL Offer for Sale (OFS) is forced fed to the market because of the government‘s desperation on the divestment target for this year.

Divestment target doable, if issues priced fairly: Axis Cap

The government has pegged FY13 divestment target at Rs 30,000 crore. In an interview to CNBC-TV18, S Subramaniam, Axis Capital says the divestment will be successful, as long as it is fairly priced.

Union Budget 2012: FM pegs FY13 divestment target at Rs 30,000cr

Finance Minister Pranab Mukherjee pegged the divestment target for the next financial year at Rs 30,000 crore, as against Rs 40,000 crore each in 2010-11 and 2011-12.

Should revisit entire divestment agenda & procedure: Haldea

Speaking to CNBC-TV18, Prithvi Haldea of Prime Database says that the need of the hour is to revisit the entire divestment agenda and the procedure. Check out his comments.

Secondary stake sale on govt agenda to meet divestment goal

With no immediate decision on buybacks, the government is now focusing on secondary stake sales to meet the divestment target, reports CNBC-TV18’s Aakansha Sethi.

GoI's plan to meet disinvestment target a mockery: Udayan

The government's plan to ask public sector banks and LIC to buy 5-10% stake in other public sector units is a mockery, says manging editor Udayan Mukherjee.

Coal India buyback can cut fiscal deficit by 10%: FII view

Coal India's possible share buyback has been under the scanner lately. Although many have panned the idea, Oscar Veldhuijzen of The Children's Investment Fund Management said that the buyback is a win-win situation. "It would improve the value per share in Coal India and would also reduce the fiscal deficit by as much as 10%," he said.