Just a moment...

Top
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Action Plan of 2014-15 on Disinvestment; Coal India, ONGC and NHPC Approved for Disinvestment

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ction Plan of 2014-15 on Disinvestment; Coal India, ONGC and NHPC Approved for Disinvestment <br>News and Press Release<br>Dated:- 9-12-2014<br><BR>Government has finalized plans to sell a part of its....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... stake in Coal India, ONGC and NHPC under its disinvestment programme for 2014-15 targeted to mop up around &#8377; 58,425 crores. As per the Action Plan of 2014-15 on Disinvestment, Coal India, ONGC ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....and NHPC have been approved for disinvestment. The disinvestment target and the actual receipts during the last four years is shown in the table below. Table 1: Disinvestment Target and Actual Rec....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eipts in last four years (in Rs. crore) S. No. Year Target Actual Receipts 1. 2010-11 40,000 22,144.21 2. 2011-12 40,000 13,894.05 3. 2012-13 30,000 23,956.81 4. 2013-14 40,000 1....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....5,819.46 As a general phenomenon, other things remaining the same, when the supply of any stock in the market increases, there is a run-down on the stock price. Disinvestment increases the quantity o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f CPSE stocks in the market. Therefore, the recent fall in share prices of Coal India, ONGC and NHPC is nothing unusual and does not show any diminished appetite for these stocks. This information w....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....as given by the Union Minister of Finance, Shri Arun Jaitley in written reply to a question in Rajya Sabha today.<BR> News - Press release - PIB....