Divestment is a process of selling off a division or a unit of a business in part or in full. The purpose of divestment can be to generate funds from the sale of the assets or to exit the business line that no longer meets the expectations or expertise needed. The government recently announced the divestment of many of the PSUs either in part or in full. The recent LIC IPO was part of the government Divestment plan.
The primary reasons for divestment can be
To meet the immediate need for funds
To exit a loss-making division and concentrate on the primary business
Access to funds for better investment opportunities Improving returns to shareholders
Meeting mandatory obligations set by the government or any legislation.
A PPF calculator is an online tool that helps you calculate the maturity amount at…
Non-resident Indians are not allowed to open a new PPF account. However, if a resident…
PPF rules do not allow joint accounts. An account can only be opened in the…
After the maturity of the PPF account, you have the option to extend it for…
From the 7th financial year onwards, you can make partial withdrawals from your PPF account.…