Government realizes 21,432.38 crore, by end-November 2016, through CPSEs’ disinvestment receipts, constituting around 59.53 % of the Budgeted Target of 36,000 crore ;

Government realizes 21,432.38 crore, by end-November 2016, through CPSEs’ disinvestment receipts, constituting around 59.53 % of the Budgeted Target of 36,000 crore ; https://www.taxtmi.com/news?id=17200 The Government's disinvestment programme, managed by the Department of Investment and Public Asset Management (DIPAM), realized significant receipts through minority stake sales, strategic disinvestments, buybacks and OFSs, achieving a substantial portion of the CPSE disinvestment target. Operational reforms include rolling plans, proposal pipelines, expedited approvals, and reserving shares for retail investors in PSUs-OFS on a case-by-case basis; SEBI's reduction of OFS notice period from T-2 to T-1 aims to limit price manipulation and protect retail participation. en-us Tue, 03 Jan 2017 12:23:32 +0530 Tue, 03 Jan 2017 12:31:00 +0530 TaxTMI RSS Generator Government realizes 21,432.38 crore, by end-November 2016, through CPSEs’ disinvestment receipts, constituting around 59.53 % of the Budgeted Target of 36,000 crore ; https://www.taxtmi.com/news?id=17200 The Government's disinvestment programme, managed by the Department of Investment and Public Asset Management (DIPAM), realized significant receipts through minority stake sales, strategic disinvestments, buybacks and OFSs, achieving a substantial portion of the CPSE disinvestment target. Operational reforms include rolling plans, proposal pipelines, expedited approvals, and reserving shares for retail investors in PSUs-OFS on a case-by-case basis; SEBI's reduction of OFS notice period from T-2 to T-1 aims to limit price manipulation and protect retail participation. News - Tue, 03 Jan 2017 12:23:32 +0530 https://www.taxtmi.com/news?id=17200