Divestments

India faces challenges in meeting divestment targets as elections shift priorities, with a potential shortfall of $3.60 billion in 2023/24.

Dealmakers eye China divestments, rise of India and Southeast Asia as M&A pipeline shrinks

Merger and acquisition (M&A) transaction values involving China plunged by 35% year-on-year to $266 billion in the first nine months of the year, to the lowest level since 2013, Refinitiv data showed, though it remained Asia's largest deals market.

A wake-up call from a friend of India

The economy is too fragile to be burdened with a disruptive programme such as the NRC

Govt plans global ETF to meet Rs 80,000 divestment target: Report

The plan will help the government meet its FY19’s divestment target of Rs 80,000 crore

Bharti's credit rating unaffected by Infratel stake sale: Moody's

"Although the stake sale is aligned with management's commitment to reduce absolute debt levels, we believe the net effect is muted by the company's recently announced acquisitions and intense price competition which is pressuring operating profits industry-wide," Moody's Vice President and Senior Credit Officer Annalisa Di Chiara said in a statement.

Hopeful of getting GST Bill passed in winter session: Sinha

Jayant Sinha, Minister of State for Finance, said the government is working with the opposition to try and arrive at a consensus on GST and is hopeful of getting the bill passed in the Winter Session of the parliament.

PSU stake sale: Sebi seeks public comments on trading halts

The move follows apprehensions raised by the government in the past, during some divestments through OFS route, that the secondary market price could dip below the proposed OFS price and thus hamper the share sale process.

See mkt gain 15% in '15, earnings double in 4 yrs: BofA-ML

According to Jyotivardhan Jaipuria, the expenditure cut by finance minister Arun Jaitley signals a positive move and the first quarter of next year should see some big ticket divestments by the government.

Axis Bank stake sale, PSU ETF likely in next 2 weeks

The government is offloading a 10 percent stake in Axis Bank which forms part of its SUUTI portfolio and this will be via a block deal.

Here's how FinMin aims to meet its 4.8% fiscal deficit goal

Sources in the finance ministry say that they have given an in-principle approval to cross holdings in various PSUs. Hence, it is likely that PSUs buy stake in each other, thereby giving the government some money.

Can cross Rs 40K cr investment target if H2 mirrors Q2: LIC

LIC had a fantastic performance in Q2 and expects the same for the second half of FY14, says chairman SK Roy. Also, he finds banking sector attractive with a longer-term perspective.

India more vulnerable to global woes Vs other EMs: Axis Cap

Liquidity has been the key driver of Indian market and will remain so going ahead, says Nandan Chakraborty of Axis Capital. However, he cautions that India is more vulnerable to global volatility compared to other emerging markets (EMs).

Strong appetite aiding divestment optimism: Edelweiss Sec

A day after the successful divestment of National Thermal Power Corporation (NTPC), Vikas Khemani, president and head- wholesale capital markets, Edelweiss Securities says he sees success for the future divestment the Government intends on doing.

M&A seen helping JB Chemical; not Motherson Sumi: Equirus

Bhavin Shah of Equirus Securities talks to CNBC-TV18 regarding the recent overseas acquisitions and divestments of certain mid-cap companies and how it will bode for them.

Greece says may retire some debt with selloffs

Greece could use some proceeds from its state divestments programme to buy back outstanding bonds in the market and retire some of its debt, the country's finance minister said on Wednesday.