The government, which has revived its decision to disinvest in Hindustan Copper Ltd in the current fiscal, has not yet fixed the quantum of stake to be offlodaded. "The government
In a move to strengthen the public sector units (PSU)s, government proposes to plough back funds raised through disinvestment proceeds into the state-owned firms.
The Department of Disinvestment (DoD) has
Terming the ONGC disinvestment process as successful and satisfactory, the government has said that method for dilution of its stake in public sector enterprises will be decided on case by
The government today said a shortfall of Rs 26,106 crore in receipts from disinvestment pushed the fiscal deficit for 2011-12 up by 0.29%
The government is targetting Rs 30,000 crore from stake sales in public sector undertakings in 2012-13, even as it missed the target for the current fiscal by a wide margin.
The government today indicated that it will set disinvestment target for the next fiscal at Rs 30,000 crore, but may not be able to achieve the Budget Estimates of 2011-12.
With one more issue of NBCC in the pipeline, the government will be able to achieve only a little over 36% of the disinvestment target of Rs 40,000 crore in
It is a fair price, and not the method, that could ensure success in the government's disinvestment drive, market experts feel in the wake of the ONGC share sale by
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