{"id":294333,"date":"2019-09-30T12:15:52","date_gmt":"2019-09-30T06:45:52","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294333"},"modified":"2019-09-30T12:15:52","modified_gmt":"2019-09-30T06:45:52","slug":"psu-disinvestment-govt-may-cut-stake-in-indian-oil-ntpc-gail-to-below-51","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/psu-disinvestment-govt-may-cut-stake-in-indian-oil-ntpc-gail-to-below-51\/","title":{"rendered":"PSU disinvestment: Govt may cut stake in Indian Oil, NTPC, GAIL to below 51%"},"content":{"rendered":"<p>While the fourth issue of Bharat-22 exchange traded fund (ETF) will hit the market on October 3-4 and may help the government raise about Rs 5,000 crore on a net basis, a series of bigger ETF baskets are likely to be on offer over the following few weeks, enabling it to boost the disinvestment mop-up. \u201cOnce the Cabinet gives its nod to bring down government holdings in select PSUs to below 51%, there will be a lot of scope to issue bigger Bharat-22 ETF tranches,\u201d a senior official said.<\/p>\n<p>In her Budget speech, finance minister Nirmala Sitharaman had said: \u201cThe Centre is considering, in case where the PSU is still to be retained under government control, to go below 51% to an appropriate level on a case-to-case basis\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While the fourth issue of Bharat-22 exchange traded fund (ETF) will hit the market on October 3-4 and may help the government raise about Rs 5,000 crore on a net basis, a series of bigger ETF baskets are likely to be on offer over the following few weeks, enabling it to boost the disinvestment mop-up. \u201cOnce the Cabinet gives its nod to bring down government holdings in select PSUs to below 51%, there will be a lot of scope to issue bigger Bharat-22 ETF tranches,\u201d a senior official said. In her Budget speech, finance minister Nirmala Sitharaman had said: \u201cThe [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-294333","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294333"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294333\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}