PSU Privatisation

The transaction was scheduled for completion by March 2022. The government has halted the privatisation of Central Electronics Ltd (CEL) after the employees union took to the court to air their protests. Sale Put On Hold The…

Govt Wants To Sell PSU Banks To Foreign Investors, NBFCs Like Bajaj Finance, Shriram Capital Reportedly, the Centre and the Reserve Bank of India (RBI) are having discussions over a special framework for facilitating privatization of…

Strategic disinvestment process for multiple PSUs is going on in parallel. Now that the Air India privatisation process is completed, the government has shifted attention towards the sale process of BPCL. DIPAM secretary Tuhin Kanta…

The Government has plans to appoint two bankers to oversee and manage the stake sale process of NSC. As a part of its ambitious disinvestment drive of Rs 1.75 lakh crore, the government has initiated the stake sale process of 25%…

Unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday and Thursday, respectively. After the two day strike -- Monday and Tuesday -- by the bankers, unions in the…

Govt Sells 15% Stake In This Railways Entity To Private Investors; Will Privatisation Start In Indian Railways? Amidst the ongoing disinvestment drive, the government will be selling a 15% stake in the Rail Vikas Nigam Ltd, with a…

Govt plans to sell about 10-15% of its stake in railways' IRCON International Ltd. In October last year, the Government unleashed a series of IPOs to dilute 12.6% of its stake in the state-owned Indian Railway Catering and Tourism…

Several PSUs Will Be Shut Down; Even Those Which Are Up For Sale, Disinvestment The Government may shut down the public sector units (PSUs) even if they have been ‘approved for strategic divestment on case to case basis’. Read on…

Privatization Of PSU Banks, Insurance Starts Soon: Bank Of Maharashtra, IOB, Oriental Insurance, United India On The List Privatization of the PSUs will now be resumed by the Government of India and about four unmerged banks and…