Hat-trick on cards? Dividends from CPSEs may cross ₹50,000 crore this year too: Report

Dividends from central public sector enterprises (CPSEs) are likely to cross ₹50,000 crore during the current fiscal for the third year in a row. It has already exceeded the Budget Estimate (BE) during the current fiscal year, reported Business Line.  However, disinvestment proceeds from CPSEs are likely to remain below the Budget Estimate. Collections from dividend and disinvestment …

Read more

disinvestment: Govt invites EoIs for IMPCL strategic sale

New Delhi, The government on Thursday invited Expression of Interest (EoI) from bidders by October 15 for strategic sale of Indian Medicines Pharmaceutical Corporation Ltd (IMPCL). The Government of India holds a 98.11 per cent stake in IMPCL, under the administrative control of the Ministry of Ayush. The remaining 1.89 per cent is held by …

Read more