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  • Even with some interest in BPCL, things don't look good for privatisation plan Nov 17, 2020 06:28 PM IST

    Even with some interest in BPCL, things don't look good for privatisation plan

    On Tuesday, BPCL shares closed 4.4 per cent lower. That would value the centre’s 53 per cent stake at around Rs 45,000 crore. And this time around, officials aren’t even remotely willing to hazard a guess on what sort of premium the government would get on its stake.

  • Volume recovery to aid govt’s divestment efforts for Concor, but niggling worries remain Oct 20, 2020 08:32 AM IST

    Volume recovery to aid govt’s divestment efforts for Concor, but niggling worries remain

    The improvement in container traffic at Indian Railways and major ports augurs well for Concor. But earnings benefits are uncertain as competitive intensity remains high

  • New privatization policy ready; Cabinet to discuss note on 'strategic sectors' soon Oct 19, 2020 05:16 PM IST

    New privatization policy ready; Cabinet to discuss note on 'strategic sectors' soon

    Banking and insurance will be designated as 'strategic sectors', sources told Moneycontrol. Over the long run, the Centre will have only four PSUs in strategic sectors and exit the 'non-strategic sectors' completely

  • Interview | RailTel, IRFC IPOs in pipeline; govt has limited bandwidth to back Air India: DIPAM secretary Tuhin Kanta Pandey Oct 16, 2020 03:04 PM IST

    Interview | RailTel, IRFC IPOs in pipeline; govt has limited bandwidth to back Air India: DIPAM secretary Tuhin Kanta Pandey

    In an exclusive interview, DIPAM Secretary Tuhin Kanta Pandey says plans for FY21 include IPOs of RailTel, IRFC Ltd and WAPCOS Ltd. and the privatisation of Nilanchal Ispat Nigam Ltd plant in Odisha, and the Salem and Bhadravathi steel plants of SAIL Ltd. Pandey also said the government is trying its best to complete the privatisation of Shipping Corp, Concor Ltd, Bharat Earth Movers Ltd and Central Electronics Ltd before March 31, 2021.

  • LIC: The pros and cons of a foreign listing Oct 06, 2020 10:21 AM IST

    LIC: The pros and cons of a foreign listing

    With the government desperate to raise funds, the next round of dilution of LIC could be in the near future, resulting in an upward cap on any price movement

  • BPCL – a special occasion play Sep 30, 2020 10:29 AM IST

    BPCL – a special occasion play

    BPCL’s divestment is now at a critical juncture. September 30, 2020 (today) is the last date for submission of the initial expression of interest

  • The noose is tightening around Air India Sep 23, 2020 09:52 AM IST

    The noose is tightening around Air India

    The Air India divestment deserves one last chance and nothing more

  • LIC holds the key to the Government’s approaching its divestment target this year Aug 25, 2020 10:27 AM IST

    LIC holds the key to the Government’s approaching its divestment target this year

    Reports say the government is considering a stake sale of 8-10 per cent in LIC, which would help it raise around Rs 90,000 crore

  • Coronavirus impact | Govt signs 'virtual' sale pacts for Kamarajar Port, THDC and NEEPCO: Report Mar 27, 2020 02:39 PM IST

    Coronavirus impact | Govt signs 'virtual' sale pacts for Kamarajar Port, THDC and NEEPCO: Report

    The Centre will be getting Rs 13,500 crore.

  • 3-Point Analysis | Fiscal push to beat the stress of coronavirus outbreak Mar 24, 2020 11:57 AM IST

    3-Point Analysis | Fiscal push to beat the stress of coronavirus outbreak

    Moneycontrol's Sakshi Batra does a 3-Point Analysis to understand if the government’s fiscal position has any room.

  • Yes Bank crisis | Will there now be any takers for PSB privatisation? Mar 13, 2020 04:09 PM IST

    Yes Bank crisis | Will there now be any takers for PSB privatisation?

    Yes Bank's financial failure poses fresh questions on the effectiveness of a bank privatisation to usher in greater efficiency in the running of state-run banks

  • Air India ground handling subsidiary out of divestment plan: Report Feb 05, 2020 10:04 AM IST

    Air India ground handling subsidiary out of divestment plan: Report

    The government is said to be looking to re-start sale of the arm 'with updated numbers

  • Budget 2020: Govt sets steep divestment target of Rs 2.1 lakh crore in FY21 Feb 01, 2020 06:20 PM IST

    Budget 2020: Govt sets steep divestment target of Rs 2.1 lakh crore in FY21

    The government failed to meet the target for the current fiscal of Rs 1.05 lakh crore. Disinvestment receipts have been revised to Rs 65,000 crore in the revised estimates of 2019-20.

  • Editor's Take | Air India sale: Will the 2nd attempt take off? Jan 27, 2020 08:22 PM IST

    Editor's Take | Air India sale: Will the 2nd attempt take off?

    Moneycontrol's Shraddha Sharma talks to Corporate Bureau Chief Prince Thomas to find out how what's the development in the government's attempt to sell Air India.

  • 'Budget 2020 unlikely to be consequential in pushing GDP growth higher' Jan 10, 2020 12:10 PM IST

    'Budget 2020 unlikely to be consequential in pushing GDP growth higher'

    I would not be surprised if the government sets a target of more than Rs 1 trillion for disinvestment proceeds, says Nikhil Gupta, chief Economist, Motilal Oswal Financial

  • This may be the government’s last chance in selling Air India, else it needs to be shut down Jan 09, 2020 09:07 AM IST

    This may be the government’s last chance in selling Air India, else it needs to be shut down

    The country cannot afford to feed this white elephant any longer

  • BPCL, Air India, CONCOR divestment unlikely in FY20: Source Jan 02, 2020 10:57 AM IST

    BPCL, Air India, CONCOR divestment unlikely in FY20: Source

    “The roadshows have happened. The next stage is getting the financials in place," the official added

  • Govt expects to collect Rs 18,000 crore from stake sales in THDC India, NEEPCO Nov 26, 2019 08:28 PM IST

    Govt expects to collect Rs 18,000 crore from stake sales in THDC India, NEEPCO

    For the financial year 2019-20, the government aims to collect Rs 1,05,000 crore from divestment

  • There will be keen competition for taking over Concor Nov 22, 2019 09:36 AM IST

    There will be keen competition for taking over Concor

    The only fly in the ointment is opposition to privatisation by the unions

  • Govt to clear major chunk of Air India loans before stake sale: Report Oct 18, 2019 11:54 AM IST

    Govt to clear major chunk of Air India loans before stake sale: Report

    The government intends to sell its stake in Air India, its low-cost international subsidiary Air India Express, and 50 percent stake in ground handling company Air India Singapore Airport Terminal Services in one go.

  • UBS sees Nifty at 12,300 by June 2020; overweight on financials, realty and oil & gas Oct 04, 2019 11:48 AM IST

    UBS sees Nifty at 12,300 by June 2020; overweight on financials, realty and oil & gas

    UBS sees the Nifty trading at 12,300 by June 2020 in best case scenario, which implies a gain of over 8 percent from October 3 close of 11,314.

  • The government will need out of the box thinking to meet its divestment target Oct 03, 2019 09:07 AM IST

    The government will need out of the box thinking to meet its divestment target

    The offers lined up so far barely move the needle

  • Disinvestment buzz | NHPC eyes InvIT route to monetise 10 projects Sep 17, 2019 12:20 PM IST

    Disinvestment buzz | NHPC eyes InvIT route to monetise 10 projects

    NHPC will hire a consultant to assess feasibility of monetizing a few hydro assets via the limited tender route. NHPC posted a net profit of Rs 2,631 crore on a revenue of Rs 8,161 crore in 2018-19.

  • Government running out of options for meeting its divestment target Sep 06, 2019 09:10 AM IST

    Government running out of options for meeting its divestment target

    Rather than using it as a strategic instrument for disinvestment, the government has used the CPSE ETF like its ATM

  • FM must introduce decisive structural reforms Sep 05, 2019 11:56 AM IST

    FM must introduce decisive structural reforms

    Resolution to India’s growth slowdown does not lie in misplaced populism, nationalization and unfettered PSU growth. We need policy responses that recognize the interlinkages in the economy and facilitate entrepreneurship.

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