By Harjit Singh
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Additional info for Corporate Restructuring Through Disinvestment: An Indian Perspective
In crore) 1. 00 2. 79 3. 48 4. 00 5. 78 Total Source: Department of Disinvestment. in. Budget speech (2000-2001) The highlights of the policy for the year 2000-01 were that for the first time the government made the statement that it was prepared to reduce its stake in the non-strategic PSEs even below 26% if necessary, that there would be increasing emphasis on strategic sales and that the entire proceeds from disinvestment/privatization would be deployed in social sectors, restructuring of PSEs and retirement of public debt.
3. T. A Study on Junk Bond Market in Korea, Research Paper 99-03, Korea Securities Research Institute, March, 1999. T. J. The Corporate Restructuring Market in Korea: Frontier in Capital Market, Research Paper 01–01, Korea Securities Research Institute, 2001. MORGAN STANLEY DEAN WITTER. Distressed Asset Markets in Asia, June 2000. CHAPTER Public Sector in India 2 17 OR PUBLIC SECT ECTOR IN INDIA Introduction Public sector has been considered as one of the major instruments of state intervention activity in the development process of an economy.
National Aluminium Co Ltd. 156 Source: Enterprise Survey, 1995-96, Vol. I, p. 197. Second Tranche (October 1994) In October 1994, a notice inviting tenders was issued for sale of shares in seven PSEs. However, sales were affected in six PSEs as no shares could be sold of MTNL. 4. 4 PSEs disinvested in October 1994 Sl. No. Name of the enterprise No. of shares sold (in crore) % of total no. of shares of the PSEs Amount of sale (Rs. in crore) 1. 71 2. 11 3. National Fertilizer Ltd. 28 4. 52 5. Steel Authority of India Ltd.