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  Decks cleared for India’s 'oil giant', Cabinet clears 51 pc stake sale in HPCL to ONGC

  July 20, 2017 12:09 IST

  The move comes months after Finance Minister Arun Jaitley said in his Budget speech proposed the creation of an oil major that would be able to match the performance of international and domestic private sector oil and gas companies

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  Air India employees' union to meet, plan stir against privatisation

  July 02, 2017 23:59 IST

  Air India's largest employees' union will hold its general body meeting here this week to "organise its members for a movement" against the government's decision to privatise the national carrier.

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  May not be easy to find a ‘bakra’ for Air India: Aviation minister

  June 01, 2017 15:58 IST

  Civial Aviation minister Ashok Gajapathi Raju has been of the view that Air India's financials are in bad shape and it is unlikely that it would find a buyer in its current state

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  Govt draws up plans to raise Rs 34,000 crore via stake sale in 7 PSUs

  April 18, 2017 11:27 IST

  These stake sales could take some time as there are already 12 PSUs for which the government has secured approval from the Cabinet to go ahead with disinvestment

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  Days after Budget announcement, govt initiates listing process of IRCTC, IRFC and IRCON

  February 20, 2017 12:43 IST

  Barely three weeks after the February 1 Budget announcement, the Finance ministry today kickstarted the process of listing three rail PSUs -- IRCTC, IRFC and IRCON.

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  NITI Aayog set to submit divestment, strategic sale blueprint

  April 13, 2016 22:06 IST

  Hyderabad: Vice Chairman of NITI Aayog Arvind Panagariya today said the apex planning body was set to submit a blueprint for divesting government’s stake in some public sector units (PSUs) and strategic sale of some

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  Modi government plans selling 3% stake in BPCL to raise Rs 1,800 crore

  June 16, 2015 17:30 IST

  New Delhi: The government plans to sell 3% stake in Bharat Petroleum Corp Ltd, the nation's second largest state oil firm, this fiscal to raise around Rs 1,800 crore.Finance Ministry has moved a Cabinet note

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  Govt plans to double disinvestment proceeds for next fiscal

  March 01, 2015 10:58 IST

  New Delhi: The government yesterday proposed raising Rs 69,500 crore from disinvestment and strategic sale in state-owned companies.Of the total budgeted proceeds, Rs 41,000 crore is estimated to come from minority stake sale in PSUs,

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  Coal India stake sale on Jan 30; floor price fixed at Rs 358

  January 29, 2015 18:15 IST

  New Delhi: The government plans to raise a record Rs 22,611 crore on Friday by selling up to 10 per cent stake in state-run Coal India Ltd, breathing fresh life into its stalled stake sale

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  FinMin to use Facebook, Twitter to push disinvestment

  January 05, 2015 11:05 IST

  New Delhi: Government is looking at using the social media platforms, including Facebook and Twitter, in a big-way to generate interest in its disinvestment programme among investors, high networth individuals and opinion makers.The Department of

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  IOC stake sale: Singapore, Dubai roadshows next month

  September 29, 2013 15:58 IST

  New Delhi: The Disinvestment Department will embark on a three nation roadshow, including Singapore and Dubai, beginning next month to attract foreign investors for the 10 per cent disinvestment of IOC, estimated to fetch the

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  Disinvestment in Oil India, NTPC soon: Mittal

  January 07, 2013 17:45 IST

  New Delhi, Jan 7: Government is likely to come out with 10 per cent stake sale offer of Oil India in the second fortnight of this month, followed by NTPC's issue in the first 14

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  Big, bold reforms: 51 pc FDI in multi-brand retail, 49 pc in aviation, disinvestment in PSUs

  September 14, 2012 19:04 IST

  New Delhi, Sep 14: The cabinet today decided to operationalise 51 per cent FDI in multi-brand retail but left it to the state governments to allow setting up of such stores.The Cabinet headed by Prime

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  Disinvestment Of Hindustan Aeronautics Ltd On, Says Pallam Raju

  March 02, 2012 20:29 IST

  Bangalore, Mar 2: Government today said the process to disinvest shares in Hindustan Aeronautics Limited is on but acknowledged that the Indian Air Force is dissatisfied with the defence PSU for not sticking to delivery