Government disinvestment

The government had in August asked ONGC to list ONGC Videsh as part of a drive to sell PSU stakes to raise funds. Photo: Reuterse

‘Govt hasn’t yet asked ONGC to reconsider ONGC Videsh IPO’

4 min read . 02 Jan 2019

Participation in a recent ETF containing PSU stocks was fairly widespread, with institutional demand being particularly high. Graphic: Mint

Here’s why ETFs are helping a big deal with disinvestments

2 min read . 27 Dec 2018

The ONGC share buyback entails repurchase of 25.29 crore scrips, or 1.97% of all equity, at ₹159 apiece. Photo: Reuters

ONGC approves ₹4,022 crore share buyback

1 min read . 20 Dec 2018

The government, which holds a 54.06% stake in the company, is expected to participate in the share buyback. Photo: Mint

Indian Oil share buyback set to be a windfall for govt

2 min read . 13 Dec 2018

As a part of its disinvestment plans, the government is selling around 10% stake in Ircon to raise around ₹ 467 crore. Photo: iStock

Ircon IPO opens today, analysts say valuations fair

1 min read . 17 Sep 2018

Pawans Hans has a fleet of 46 helicopters. Photo: HT

Govt to invite bids for 100% stake sale in Pawan Hans

2 min read . 05 Aug 2018

Nifty CPSE index was created in May 2014 to facilitate the government disinvestment in select CPSEs through the ETF route. This was followed by launch of Bharat 22 ETF in November 2017. Photo: Aniruddha Chowdhury/Mint

Nifty CPSE index falls 10% in a year on weak energy stocks

3 min read . 29 May 2018

The government proposal to sell its stake in Air India may well set a new template for privatisation. Photo: Abhijit Bhatlekar/Mint

The Maharajah to reach for the skies again in a new avatar

3 min read . 02 Apr 2018

With Air India privatisation on track apart from approval for listing of 14 CPSEs and strategic disinvestment of 24 CPSEs, Arun Jaitley has set a disinvestment target of Rs80,000 crore for 2018-19. Photo: Abhijit Bhatlekar/Mint

Budget 2018: Arun Jaitley highlights govt disinvestment, says will garner Rs1 trillion this fiscal

2 min read . 02 Feb 2018

The ETF market corpus stood at Rs77,897 crore as of December 2017, clocking an average growth of about 40% since 2012. Photo: iStockphoto

CPSE ETF, rising popularity put exchange traded fund market on a roll

1 min read . 26 Jan 2018

Bharat Dynamics is the fourth PSU to approach Sebi for an IPO in less than one month. Photo: iStockphoto

Bharat Dynamics files IPO papers with Sebi

1 min read . 23 Jan 2018

The acquisition price offered by ONGC is at a 13.8% premium to HPCL’s closing share price on Friday. Graphic: Subrata Jana/Mint

Why the ONGC-HPCL deal is a cozy arrangement

2 min read . 22 Jan 2018

Since stock markets are already at an all-time high and valuations are pricey, the room for big upsides is narrow. Graphic: Mint

What impact will Budget 2018 have on the stock markets?

2 min read . 19 Jan 2018

A breach in fiscal deficit target may force finance minister Arun Jaitley to recalibrate his fiscal consolidation road map of achieving a fiscal deficit of 3% of GDP by 2018-19. Photo: PTI

Govt signals fiscal slippage in 2017-18

3 min read . 28 Dec 2017

The NITI Aayog HQ in Delhi. The government has so far raised Rs52,500 crore in the current fiscal through PSU disinvestment, including from listing of PSU insurance companies Photo: Pradeep Gaur/Mint

Government disinvestment: Profitable CPSEs may be put up for privatization

1 min read . 25 Dec 2017

Post transfer to Bharat 22 ETF, the President of India will hold 4,875,671,716 in Coal India—78.546% of the total equity share capital. Photo: Indranil Bhoumik/Mint

Govt transfers Coal India shares to Bharat 22 ETF

1 min read . 27 Nov 2017

With the Bharat 22 ETF subscription, the government has so far raised Rs52,500 crore through disinvestment in 2017-18, including listing of state-run insurance companies. Photo: iStockphoto

Govt raises Rs14,500 crore from Bharat 22 ETF, issue subscribed four times

2 min read . 21 Nov 2017

The Bharat 22 ETF, an exchange traded fund of 22 blue-chip firms is a part of government disinvestment programme, which has set a target of realizing Rs72,500 crore in 2017-18. Photo: Bloomberg

Govt to launch Bharat 22 ETF today, seeks to raise Rs8,000 crore

1 min read . 14 Nov 2017

Shipping minister Nitin Gadkari confirmed the government’s move to sell its entire stake in Dredging Corp. Photo: Ramesh Pathania/Mint

Cabinet approves sale of entire government stake in Dredging Corp

1 min read . 02 Nov 2017

India had used recapitalisation bonds before in the FY86 to FY01 period, wherein the government recapitalised PSU banks with a total amount of Rs20,446 crore. Photo: Mint

The economics of bank recapitalisation bonds

5 min read . 31 Oct 2017