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Privatization: Companies that government is planning to sell

Privatization: Companies that government is planning to sell

The government has shown its intent for privatization after selling Air India and finding a buyer for Neelachal Ispat. It has set a divestment target of ₹ 65,000 crores for this year. Hindustan Zinc Limited The Cabinet Committee on Economic Affairs has approved the sale of the government’s entire remaining stake in Hindustan Zinc Ltd [...]
Why Did The Government Call Off Its Plan To Divest In BPCL?

Why Did The Government Call Off Its Plan To Divest In BPCL?

The Department of Investment and Public Asset Management (DIPAM) said that the government has called off the present expression of interest (EoI) process for strategic disinvestment of state-run refiner BPCL following multiple waves of COVID-19 and the geopolitical crisis between Russia and Ukraine that affected the oil and gas industry amongst others. This happened after [...]