The government has approved stake sales in giant state-owned units Indian Oil (IOC) and National Thermal Power Corporation (NTPC) to mop up close to Rs 10,000 crore. The proposal was cleared at uni
The government is moving ahead with the plan for strategic disinvestment of the selected public sector undertakings (PSUs). And there could be at least two-three such stake sales in the curre
The cabinet is expected to clear the plan to cut majority stake in around 20 state-run enterprises on Wednesday. These also include several profit-making companies, signalling a restart of eq
The finance ministry may approach the Securities and Exchange Board of India (Sebi) to relax its August 21 deadline for PSUs to meet minimum 25 percent public shareholding requ
