News - disinvestment
Report shows UC, CSU enrollment rates decline for California high school graduates
22 May 2012, 2:12 am
The percentage of California high school graduates entering the state’s public higher education has fallen 20 percent in the last five years, shows a recent report from the Public Policy Institute of California (PPIC). The report examined the impact of state
disinvestment in higher education on the percentage of high school graduates enrolling in University [...]
Hit market for over 10% stake sale, govt tells PSUs
13 May 2012, 4:39 am
The Department of
disinvestment (DoD) has asked small PSUs, which intend to hit capital markets, to come with initial public offering (IPO) of more than 10% of their paid-up capital.
HAL disinvestment under consideration: Government
7 May 2012, 10:54 am
New Delhi, May 7 (IANS) The government Monday informed parliament that it is considering a proposal to offload 10 percent equity in the strategically important Hindustan Aeronautics Limited (HAL), the country's only producer of military planes.
RINL top brass allays fears over privatisation
4 May 2012, 1:52 am
As the government gets ready to kick-start the process for
disinvestment of Rashtriya Ispat Nigam Limited, its top management has allayed fears over privatisation.“The government has not pr...
Hindu Copper disinvestment plan revived
2 May 2012, 11:11 am
The Centre has revived the
disinvestment process for Hindustan Copper Ltd. But the original proposal has been revised as the PSU dropped the idea of a fresh equity issue.
RINL to file draft prospectus for IPO shortly
30 April 2012, 8:39 am
State-owned Rashtriya Ispat Nigam Ltd (RINL) is likely to file the draft prospectus for its initial public offer (IPO) in a few days, a move that will kick-start government's
disinvestment programme for the current financial year.
RINL IPO is first in govt disinvestment programme
29 April 2012, 5:25 am
The government will kick start its
disinvestment programme for the current fiscal from June with stake sale in steel major Rashtriya Ispat Nigam Ltd (RINL) through an initial public offering (IPO) that could fetch about Rs 2,500 crore to the exchequer.
PSU stake sale to start by June, RINL to hit market first
29 April 2012, 12:39 am
The government will kick-start its
disinvestment programme for the current fiscal from June with stake sale in steel major Rashtriya Ispat Nigam Ltd (RINL) through an initial public offering (IPO) that could fetch about Rs 2,500 crore to the exchequer.