Suuti

Govt sells 2.5% Larsen & Toubro stake, pockets Rs 4,200 crore

With this transaction, the government has garnered nearly Rs 6,400 crore from disinvestment so far in the current fiscal. The Budget had estimated to collect Rs 72,500 crore through minority sale and strategic stake sale of CPSEs.

SUUTI: Govt offloads 2% stake in ITC to LIC via block deals, raises Rs 6,700 crore

The government had in November 2016 sold 1.63 percent in L&T, while in March 2014 sold 9 percent stake in Axis Bank to raise Rs 5,500 crore through block deals

Seven misses in Budget 2017 math: How Jaitley may have created a huge buffer for spending

There are some misses in the presentation which could have been addressed but have been kept aside.

Govt sells 1.63% in L&T held through SUUTI, raises Rs 2,100 crore

The government today raised Rs 2,100 crore through sale of 1.63 percent stake in Larsen & Toubro (L&T) held through Specified Undertaking of the Unit Trust of India (SUUTI).

Divestment strategy: Govt plans sale of SUUTI stake in 51 companies

Government to invite bids from merchant bankers by 1 August.

ADB, IFC in talks with IDBI Bank for Rs 3,771-cr QIP

Last month, IDBI Bank Managing Director Kishor Kharat had said he had met 56 foreign players and 22 domestic investors for QIP and the process should complete by the end of the current fiscal

Govt defers SUUTI closure, sets up stake sale in private firms

The government has budgeted Rs 14,000 crore by way of residual stake sale in companies in which it does not hold a majority stake.

SUUTI money belongs to UTI investors and not to the government

Effectively, the government ran UTI to the ground, bought back the assets of its victims for a pittance by offering them a Hobson's choice, and is now ready to make a killing by selling off those assets when the equity markets are much higher

Run, Chidu, run: Only weeks left to rake in the moolah

If UPA wants to give away some goodies in the 2012-13 budget, Chidambaram has just six weeks to fix his budget this year. And disinvestment is the key.

Govt clears winding up of SUUTI; creates NAMC

In 2011-12, as against a target of Rs 40,000 crore, the government will raise about Rs 14,000 crore from disinvestment.