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.
The divestment is in line with the company’s strategy of reducing its exposure to the non-core asset-heavy developmental projects portfolio.
Nirmala Sitharaman says interoperability of these platforms gives strength to Indians' capabilities in those nations.
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
The monetisation agenda has been led by the roads sector, followed by power and mining.
India needs to double capital expenditure on a medium-term basis, says Secretary, Department of Economic Affairs.
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.
While the pandemic slowed the process, systemic apathy bigger problem.
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.
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.
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.