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Latest Articles in divestment

Coal India To Divest 25% Stake In BCCL; Plans Subsequent Listing

Stating that the company's board had given only "in principle" approval to the proposal, CIL said that only after getting further clearance from the government, subsequent action would be initiated

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Government Approves Stake Sale In Hindustan Zinc

Sources indicated that the government will sell its entire stake in Hindustan Zinc where its shareholding is 29.54 per cent

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Govt Should Sell Its Stakes In State-run Companies: Anil Agarwal

The comments from Agarwal, who has taken over a few central units through the divestment process in the past, assume importance as the government has been falling short of its divestment targets

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GHCL Completes Divestment Of Home Textiles Business For Rs 608 Cr

Besides, Grace Home Fashions LLC (GHF), a US subsidiary of GHCL, has completed the sale of specified assets (inventory and intellectual property) to Indo Count Global Inc in accordance with the terms of Assets Transfer Agreement (ATA), said GHCL in a regulatory filing

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Divestment Of Air India: DIPAM, Moca To Address Media@4PM

At 4PM, October 08, the Secretary of DIPAM and the Ministry of Civil aviation will address the media. It is expected that an update or a decision on the process of disinvestment of Air India may be shared

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Tata Consumer Products divests MAP Coffee business in Australia

Tata Consumer Products divests MAP Coffee business in Australia

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Cyril Amarchand Mangaldas advises in relation to divestment of stake by International Paper Investments in Andhra Paper

Cyril Amarchand Mangaldas advises in relation to divestment of stake by International Paper Investments in Andhra Paper

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Hardeep Singh Puri 'confident and hopeful' about Air India's divestment, disinvestment plans

Hardeep Singh Puri 'confident and hopeful' about Air India's divestment, disinvestment plans

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Employees' Dues Will Be Paid Before Air India Divestment: Hardeep Singh Puri

The Civil Aviation Minister had on January 2 met representatives of various employees unions of Air India and addressed their concerns regarding the privatisation of the national carrier.

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Increase In The Divestment Of Non- Core Assets: Recent Trends

Keeping pace with the divestment of non-core assets, the Indian Government has also asked various central public sector enterprises identified for strategic sale to immediately prepare a list of assets and initiate dialogue with potential investors and bidders so that their non- core assets can be monetised expeditiously

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Zee Surges; Promoter Essel Mulls Selling Stake, Strategic Review

Zee yesterday said that conglomerate Essel Group, which runs the company, intended to divest up to 50 percent of their stake in the television broadcasting and digital media company to a strategic partner

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IndiGo Says Keen Only On Air India's International And Low-cost Units

India's leading airline IndiGo stressed that it was keen to buy only state-owned carrier Air India's international operations and its low-cost arm Air India Express, if India does proceed with plans to carve up and sell the carrier

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India To Raise About $250 Million From Bharat Electronics Share Sale

The government, which owned 74.41 per cent of the manufacturer of equipment for communication, radar and naval systems, offered the shares this week in sale that ended on Thursday

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Cabinet Gives Nod For Strategic Sale Of PSUs

Each case would be considered separately after it has been examined by the Department of Disinvestment and the ministries concerned, Finance Minister Arun Jaitley said

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Govt To Sell $420 Million Stake In NHPC

The government is also seeking bids from merchant bankers and brokers to manage the sale of a 10 per cent stake in state energy company Oil India

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