L&T divests its entire stake of 51% in L&T Infrastructure Development Projects
The divestment is in line with the company’s strategy of reducing its exposure to the non-core asset-heavy developmental projects portfolio.
divestment
December 2022
October 2022
September 2022
February 2022
November 2021
August 2021
April 2021
March 2021
India in talks with other nations to make RuPay, UPI, BHIM acceptable: FM
Nirmala Sitharaman says interoperability of these platforms gives strength to Indians' capabilities in those nations.
Halfway through fiscal, is privatisation losing way?
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
Road, power in ₹26,000 cr worth asset monetisation in FY22: Dipam Secy
The monetisation agenda has been led by the roads sector, followed by power and mining.
Time for Pawan Hans, Shipping Corp, BEML sale: DIPAM Secretary
India needs to double capital expenditure on a medium-term basis, says Secretary, Department of Economic Affairs.
Tata, JSW, ArcelorMittal to lock horns over PSUs
Robust steel demand and high prices are powering private steelmakers to vie for the public sector steel companies, which are up for sale under the Modi government's 2021-22 disinvestment plan.
Red tape delaying disinvestment plans
While the pandemic slowed the process, systemic apathy bigger problem.
Post-merger, clean-up ops underway at PNB
The merger and asset quality overhang may have kept its growth tepid, but it posted a higher-than-expected net profit of ₹506 crore in the third quarter.
Despite Covid-19, record capital raised in FY21
The pandemic, ultimately, was unsuccessful in denting the country's capital raising confidence, as India Inc. raised over ₹1.88 lakh crore, beating the record of over ₹1.75 lakh crore raised in FY18.
Post Covid-19, divestment plan set for a flying start
Concor and Shipping Corporation of India, the two companies scheduled to go first off the blocks as part of India's divestment programme, have drawn excellent response from potential suitors.
