Chowdhury raises BPCL disinvestment in LS, says government on 'selling spree of family silver'

Raising the issue during zero hour, Chowdhury referred to the cabinet clearing strategic disinvestment in Bharat Petroleum Corporation Ltd and four other central public sector undertakings.

published on : 22nd November 2019

PM Modi should talk to experts, political parties to tide over economic crisis: Mamata Banerjee

The West Bengal CM asserted that shoring up funds by selling off government stake in central public sector firms (CPSUs) could only provide temporary respite.

published on : 21st November 2019

Ex-Union Petroleum Minister Veerappa Moily expresses shock over BPCL disinvestment decision

Asking the Centre to withdraw its decision, Moily reminded it that the first prime minister Jawaharlal Nehru had nationalised the British company to make India strong in the energy section.

published on : 21st November 2019

No Cabinet decision yet on BPCL disinvestment

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week.

published on : 8th November 2019

Government to go for strategic disinvestment of BSNL and MTNL post Diwali

Officials said that sale of their assets and bonds would be used to revive the two as a merged entity.

published on : 27th October 2019

Government to push infra investments, PSUs disinvestment

The central government is also planning to increase the ceiling for foreign portfolio investors in various sectors at par with the foreign direct investment (FDI) limits

published on : 20th October 2019

Legal hurdles for Bharat Petroleum sale cleared

“The Act (that nationalised BPCL) has been repealed and there is no need for a Parliament approval for the strategic sale of BPCL,” said a financial ministry official.

published on : 7th October 2019

Centre likely to raise disinvestment target this fiscal

The move is seen as the government making up for a shortfall in taxes arising after Rs 1.45 lakh crore worth corporate tax giveaway and a likely shortfall in GST collections.

published on : 26th September 2019

Air India disinvestment: Modi government to relax rules to attract buyers

The government is all set to dilute the terms and conditions for disinvestment of Air India to generate interest among potential buyers. 

published on : 30th August 2019

Finance Ministry plans to list three public sector firms on markets by October

National Seeds Corporation, Telecom Consultants India Limited and FAGMIL are the three PSUs that will make the IPOs.

published on : 12th July 2019

Disinvestment, yes, but Air India will be in Indian hands: Union Minister Hardeep Singh Puri

Air India's privatization was for the benefit of citizens and the government will do its best to ensure that the company was purchased by an Indian entity, said the Civil Aviation Minister.

published on : 11th July 2019

Shareholding reform unlikely to help PSUs

Experts said that the measure to reduce government stakes in state-run firms will help the Centre achieve its divestment target.

published on : 11th July 2019

CBI searches 11 spots in Lucknow, NCR in Mayawati-era sugar mills disinvestment scam

The search operation also covers an FIR against former Haryana chief minister Bhupinder Singh Hooda.

published on : 9th July 2019

Trinamool Congress members protest against disinvestment in Rajya Sabha

Unlike the last session of the Rajya Sabha which had witnessed several adjournments due to protests by opposition parties, there has been no major protest by opposition parties so far.

published on : 8th July 2019

Government to control PSU's even after divestment, says Finance Minister Nirmala Sitharaman

This will be done by clubbing the shareholding of state-run banks, financial institutions like LIC and other PSUs, she said.

published on : 7th July 2019
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