Govt Stake Sale News

Industry

Govt stake sale in PSU banks can fetch more than Rs58,000 crore: Assocham

Diluting government stake in PSU banks to 52% would raise enough funds to reduce dependence on recapitalisation bonds for bank recapitalisation

1 min read29 Oct 2017
Companies

New India Assurance, GIC of India hire investment banks to manage IPO process

New India Assurance and GIC of India have hired investment banks to manage their IPOs as the govt seeks to pare its stake in the state-run insurance firms

3 min read24 Apr 2017
Market

Getting hold of Hindustan Zinc’s cash turning an expensive affair for Vedanta

Vedanta has given up hope of a govt stake sale in Hindustan Zinc. Why else would it decide on a hefty dividend that enriches the govt more than anyone else?

2 min read24 Mar 2017

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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