Sitharaman Speech Live Updates on Economic Package: With an eye on further enhancement of Ease of Doing Business Government announces suspension of fresh initiation of insolvency proceedings up to one year

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

BPCL will give interested buyers access to around one-fourth of the fuel market share in the world's fastest-growing energy market and 14 per cent of India's oil refining capacity

Government has already issued the first set of clarifications for Air India bidders on the 'confidentiality undertaking' listed out in the Preliminary Information Memorandum (PIM) issued on January 27

SAIL share price fell up to 6.17% to Rs 45.65 compared to the previous close of Rs 48.65 on BSE

The government holds 75 per cent stake in SAIL. It had last sold 5 per cent stake in the steel CPSE in December 2014

A day after she presented her second Budget, Business Today caught up with Finance Minister Nirmala Sitharaman in her North Block office to find out the reasoning behind the key initiatives in Budget 2020

The government currently holds 53.29% stake in BPCL, and at prevailing market prices the share sale would fetch about Rs 60,000 crore to the government

The government expects to raise Rs 90,000 crore through sale of stakes in state-owned life insurance company LIC and IDBI Bank

Budget 2020: Industry leaders are not optimistic about the disinvestment and asset sale plan of the government as fetching the right price could be difficult in the current turbulent market.

Budget 2020: Budget-making is a complex, long-drawn and highly secretive process that involves the Ministry of Finance, Niti Aayog and other ministries

Budget 2020: FM Sitharaman has been at the forefront of the Budget-making process, however, she is not the all-in-one authority

Union Budget 2020: At a time when poverty, hunger and income inequality are growing in 22 to 25 states and UTs, out of 28 that the Niti Aayog mapped in 2018 and 2019, disinvesting stakes in CPSEs to meet budget expenditure may not be the wisest thing to do

The Department of Disinvestment and Public Asset Management (DIPAM) has engaged RBSA Advisors to evaluate NEEPCO and Deloitte for THDCIL transactions

Part II of this two-part series looks at another area of off-budget financing that has escaped CAG's attention - 'strategic disinvestment' in CPSEs the tabs for which are picked by other CPSEs. This is worrisome as it threatens to jeopardise financial health of many CPSEs, including the 'navaratnas' for short-term fiscal gains

Finance Minister Nirmala Sitharaman on Sunday said the Centre has taken steps to address the challenges faced by various sectors without waiting for the Budget; State-owned Bharat Sanchar Nigam Ltd has submitted details of 14 properties worth Rs 20,160 crore to the Department of Investment and Public Asset Management (DIPAM) as part of the telecom corporations' ambitious asset monetisation plans, according to its Chairman; Cyrus Mistry has said that he is not pursuing the position of Tata Sons' executive chairman, the office he was unceremoniously terminated from in October 2016, or directorship of any of the Tata group companies. This and more news on News Blast.

Cyrus Mistry says not returning as Tata Sons chairman, will protect minority shareholders' rightsCyrus Mistry has said that he is not pursuing the position of Tata Sons' executive chairman, the office he was unceremoniously terminated from in October 2016, or directorship of any of the Tata group companies. He added that he will, however, \"vigorously pursue all options to protect our rights as a minority shareholder\". Mistry's statement on Sunday came in the backdrop of an NCLAT...

Sources said that the Ministry of Skill Development is looking for a land parcel and the Department of Telecom has offered BSNL land valued at Rs 2,000 crore in Ghaziabad to the ministry

Bharat Bond ETF managed by Edelweiss Mutual Fund is the first-ever corporate bond ETF listed in India.

In October this year, the government approved a Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms