Centre had planned a disinvestment mop-up of Rs 2.1 lakh crore this fiscal, by selling stake in several public sector enterprises, but the plans have been stalled due to several factors

After largely keeping its purse strings in check as the coronavirus pandemic choked businesses and threw millions out of jobs, PM Modi's government is keen to bring the economy back onto a solid growth path with the budget to be presented on Feb. 1

The government, which is trying to rein in its fiscal deficit, wants state-run firms to focus on improving market capitalisation and dividend payouts from the 2021/22 fiscal year

The announcement gave no details of any investment the companies would make, outlining only initial research and other work to be completed over the next five years

Coronavirus lockdown 4.0: BPCL's profitability is strong enough to support the government initiatives. The company posted over Rs 8,500 crore profit in 2018-19, on a revenue of Rs 3.4 lakh crore

It is common for force majeure clauses to specify the impact that the event or circumstances in question must have, in order for the clause to be triggered

Coronavirus update: Finance Ministry had earlier extended the deadline for bids submission for Air India to April 30 from March 17. The government wants to offload 100 per cent of its stake in the beleaguered airline

Sensex, Nifty Live News Today: In March month, Sensex and Nifty have declined by 25%. The coronavirus is guaranteed to throw the world into recession, and economists are becoming less convinced about the potential for a strong snapback in growth.

Budget 2020: Prime Minister Narendra Modi-led government has managed to exceed its disinvestment targets (revised estimates) for the past three financial years. But, so far during FY20, just Rs 17, 364.3 crore has been obtained through disinvestment transactions

As many as 44 per cent people supported the Centre's privatisation drive, while 39 per cent opposed the government's decision to sell its majority stake in the Public Sector Units (PSUs)

The crisis in the Middle East is likely to delay BPCL sale as no petroleum giant would be ready to loosen their purse strings in a volatile situation

The success of PSU sales will depend on whether they are actually sold or picked up by another PSU

The Cabinet Committee on Economic Affairs had on November 20 given a go-ahead for sale of govt's entire stake in BPCL, SCI, THDCIL and NEEPCO  to a strategic investor along with management control

With only four months left for this financial year to end, and Rs 87,635.7 crore of the target still remaining, will the Modi government be fourth time lucky?

The government holds a 100 per cent stake in Neepco, which operates and maintains power stations in the Northeast region, and 75 per cent in THDC

The government has given in-principle approval to stake sale of 63.75% in Shipping Corporation, 53.2% stake sale in Bharat Petroleum and 30.8% divestment in Container Corporation

The Cabinet approved a strategic divestment of the government's 53.29 per cent stake in BPCL, along with transfer of certain management control. This is excluding BPCL's equity share holding of 61 per cent stake in Numaligarh Refinery

The Fitch group firm said that the linkages would be re-assessed in case of a decline in GoI's stake in an OMC and would also assess the continuance of government control in an OMC's decision making

The mining mogul believes that it may take \"20 years\" for an effective disinvestment to take place going by the Centre's ongoing plans to sell PSU assets company by company

A group of secretaries panel on disinvestment has approved the sale of government's entire shareholding in four public sector companies - Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI), THDC India and NEEPCO.