disinvestment
Manufacturing
BPCL sale may be delayed until next fiscal year, worsening federal deficit woes
India's efforts to privatise refiner Bharat Petroleum Corp. Ltd. could spill over into the next fiscal year, according to a ......
Manufacturing
Warship maker Mazagon Dock targets nearly $400 mn valuation in IPO
State-run warship maker Mazagon Dock Shipbuilders Ltd is seeking a valuation of as much as Rs 2,924.5 crore ($396 million) ......
Finance
Govt keen to speed up stake sale in IDBI Bank, three others
Indian Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in at ......
Manufacturing
Govt extends bid submission deadline for stake in BPCL
India's finance ministry said Wednesday it had extended the deadline for submission of bids for the sale of its stake ......
Finance
Govt plans to sell majority stake in Bank of India, five other state-run banks
India is looking to privatise more than half of its state-owned banks to reduce the number of government-owned lenders to ......
General
Why one-year suspension of bankruptcy law has put bankers, investors in tough spot
Creditors, investors and even companies involved in distressed asset resolution will suffer a major setback as the government has decided ......
Finance
Govt to privatise state-run firms, halt fresh insolvencies amid pandemic
India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year, ......
Economy
India faces revenue fall as coronavirus bites economy
India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits ......
Finance
Budget 2020: Govt to sell stake in LIC, doubles disinvestment target
The government has doubled its disinvestment target for the next fiscal year to Rs 2.1 trillion (about $29.36 billion) to ......
Economy
Budget 2020: Tax tweaks but little else as govt wishes for a revival
On Saturday, while delivering her second union budget speech, Nirmala Sitharaman spoke for almost two hours and 40 minutes, the ......
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