Tag Archives: Disinvestment

Disinvestment Target and Achievements during 2016-17 of Govt of India

Disinvestment Target  and Achievements during  2016-17 Government realizes Rs.21,432.38 crore, by end-November 2016, through CPSEs’ disinvestment receipts, constituting around 59.53 % of the Budgeted Target of Rs. 36,000 crore ; Government takes various steps to accelerate the disinvestment process including replacement of annual plan with rolling plans, Fast tracking of approval process and to make… Read More »

Govt approved disinvestment of defence sector CPSEs

Disinvestment of DPSUs Government has approved disinvestment of the following defence sector CPSEs: • Bharat Electronics Limited (BEL): 5% paid-up equity of BEL out of Government of India’s shareholding of 75.02 per cent, through Offer for Sale (OFS); • Hindustan Aeronautics Limited (HAL); 10% paid-up equity of HAL, through Initial Public Offer (IPO). • Strategic… Read More »