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Bids for BPCL, Railways' arm Concor and others: How mega disinvestment plan of Modi government is a big shot in the arm of Indian economy
Sat, Nov 23, 2019
Whopping target of Rs 1.05 lakh crore!
SEBI board meet: Decision related to disinvestment likely to be taken on five govt companies
Wed, Nov 20, 2019
SEBI board meeting is expected to announce various decisions. To know more about the outcome of SEBI's board meet, watch this video.
Budget 2019: PSB ETFs coming? After, Bharat 22, CPSE Exchange Traded Funds, a new disinvestment pattern can emerge
Wed, Jul 03, 2019
Disinvestment target has been on full swing by Indian government, with stake sales taking place in various state-owned companies either by IPOs, OFS, buybacks and others.
Bharat ETF 1-day issue oversubscribed 10 times, government to retain Rs 10k crore
Fri, Feb 15, 2019
Additional offering of Bharat 22 ETF was opened for a day on Thursday. The base issue size was fixed at Rs 3,500 crore.
Budget 2019: Rs 800 bn target! Disinvestment in public sector companies - a trump card for govt?
Fri, Feb 01, 2019
Budget 2019: Disinvestment can also be defined as the action of an organisation (or government) selling or liquidating an asset or subsidiary. It is also referred to as 'divestment' or 'divestiture.' In most contexts, disinvestment typically refers to sale from the government, partly or fully, of a government-owned enterprise.
Understanding what is disinvestment
Thu, Jan 31, 2019
Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.
Understanding what is Section 24B
Thu, Jan 31, 2019
Under section 24 of the Income Tax Act you are allowed to make certain deduction from the Net Annual Value of your House Property.
Budget 2019: Understanding what is Section 80D
Thu, Jan 31, 2019
Section 80D provides for tax deduction from the total taxable income for the payment (by any mode other than cash) of medical insurance premium paid by an Individual or a HUF.
Air India salaries not paid in March; national carrier yet to reveal reason to staff
Tue, Apr 03, 2018
Disinvestment-bound Air India has delayed the payment of salaries for the month of March and is yet to intimate the employees about reasons for the delay, sources said. The debt-laden carrier has over 21,000 employees, including more than 11,000 on permanent rolls. Generally, salaries are paid by
Air India Disinvestment: Jayant Sinha says only an Indian will have control of the airliner
Thu, Mar 29, 2018
Union Minister of State for Civil Aviation Jayant Sinha, in an exclusive talk with Zee Business's Sameer Dixit, said the NDA government is planning to come up with an employee stock ownership plan (ESOP) from its own stock in Air India.
Centre plans to sell 76 pct stake in Air India
Wed, Mar 28, 2018
The Civil Aviation Ministry has sought Expression of Interest (EoI) for the stake sale in the loss-making carrier and two of its subsidiaries. According to the memorandum, the government plans to offload 76 per cent equity share capital of the national carrier as well as transfer the management control. Management or employees can participate directly in the bidding process or by way of forming a consortium, as per the memorandum.
Niti Aayog making new list of sick PSUs for divestment: Amitabh Kant
Wed, Feb 21, 2018
The 2017-18 Budget had set the target of disinvestment in public sector units at Rs 72,500 crore.
Air India garnered Rs 445 crore from land assets in 6 years
Wed, Feb 07, 2018
Air India has been able to mop up Rs 445 crore from monetisation of its land assets since 2012, the government informed Parliament today.
Govt expects to generate Rs 1 lakh crore from disinvestment; Air India on the cards
Thu, Feb 01, 2018
The government has hiked the disinvestment target by over 10% to Rs 80,000 crore in FY19. Read all about it here.
What is in store for you in the Budget 2018?
Wed, Jan 31, 2018
Job creation has become a major concern for the government, as 10 million Indians enter job market every year. The government has faced criticism from various quarters for failing to create adequate number of jobs.
Fiscal deficit may be slightly higher than target, says Rajiv Kumar
Mon, Jan 29, 2018
The fiscal deficit target for 2017-18 may see only a slight slippage as the government has done well on disinvestment and non-tax revenue collections, NITI Aayog Vice Chairman Rajiv Kumar said today.
Union Budget 2018: Here's a list of frequently used economic, financial terms
Sat, Jan 27, 2018
The General Budget is an estimate of outflows and inflows that a government will incur during a financial year
Will the govt increase disinvestment targets for FY19?
Thu, Jan 04, 2018
The BSE on its website explains that the main objective of disinvestment is to indicate that PSUs had shown a very negative rate of return on capital employed.
Air India Chairman urges employees to 'perform or perish'
Mon, Jan 01, 2018
Strategic divestment-bound Air India employees need to "perform or perish", according to the new chairman of the national carrier.
Air India seeks Rs 1,100 crore loan to modify planes for VVIPs
Sun, Dec 10, 2017
Disinvestment-bound Air India is seeking loan worth over Rs 1,100 crore for modification of two Boeing aircraft scheduled to be acquired next month for ferrying VVIPs, according to an official document.