Defending the government's decision to hold back disinvestment due to bad stock market conditions, the Planning Commission today said the process of stake sale in state-owned companies could begin after
Disinvestment in MMTC may not be possible in the immediate future, as stock market conditions are not appropriate for fixing the price band of the thinly traded shares of the
Disinvestment Department is awaiting Sebi guidelines on the revised buyback and institutional placement norms for formulating new strategy to sale government stake in public sector units to move towards its
Market regulator Sebi has reduced the timeline for completion of buyback of shares by companies to 34-44 days, a decision which could facilitate the government in getting closer to its
Amid inter-ministerial differences, the Union Cabinet today deferred a decision on proposal of Disinvestment Department to raise Rs 40,000 crore from divestment of PSUs through buyback and other modes.
"The
Sticking to the disinvestment proceeds of Rs 40,000 crore with barely four months left in the 2011-12 financial year, the government today said it is looking at various options, including
The Department of Disinvestment may reset the target of raising Rs 40,000 crore from disinvestment in 2011-12, in November, after a mid-term review of the budgetary exercises for revised targets
The coal ministry has asked Neyveli Lignite Corporation (NLC) to seek the board approval for offloading 3. 6 per cent equity to meet the guideline for 10 per cent public
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