disinvestment
TMT
ITI extends follow-on share sale period for second time
State-run telecommunications equipment maker ITI Ltd has extended its follow-on public offering (FPO) by three more days, stretching the period ......
Economy
Economic Survey takes a cue from Temasek to push disinvestment
The Indian government should weigh the possibility of creating a corporate entity akin to Singapore state investment firm Temasek Holdings ......
TMT
ITI finds few takers for follow-on offering despite price cut, date extension
State-run telecommunications equipment maker ITI Ltd didn’t receive any substantial bids for its shares in its follow-on public offering even ......
Finance
Govt likely to raise spending in budget to revive economic growth
Indian Prime Minister Narendra Modi’s government is expected to raise spending on infrastructure and cut some personal tax in its ......
Infrastructure
Govt calls for bids to sell entire stake in Air India
India said on Monday it plans to sell its entire stake in Air India, in a revised push to sell ......
Finance
State-run railway financing arm IRFC files for IPO
Indian Railway Finance Corp, the market borrowing arm of the Indian Railways, has filed a draft prospectus with the Securities ......
Economy
Slowing growth, widening deficit hint at tough choices for upcoming Budget
As she gets ready to present her second full Budget, finance minister Nirmala Sitharaman will have more than just fiscal ......
Economy
Banking, transport services disrupted as trade unions go on strike
Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......
Manufacturing
Bharat Petroleum privatisation plan draws protest from execs at state-run firms
Executives at major state-run Indian companies voiced their opposition to government plans to privatise oil refiner Bharat Petroleum Corp Ltd ......
Infrastructure
Govt to sell Bharat Petroleum, Shipping Corp in privatisation drive
India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala ......
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