Disinvestment In India

Disinvestment In India

by Pradip Baijal
Released October 2008
Publisher(s): Pearson India
ISBN: 9788131785331

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Book description

Disinvestment in India: I Lose and You Gain brings to light the facts that surround the disinvestment story. It underlines the most compelling rationales behind privatization: relief to the taxpayer and the simultaneous need for funds for infrastru

Table of contents

  1. DISINVESTMENT IN INDIA: I LOSE AND YOU GAIN
    1. Copyright
    2. Dedication
    3. Contents
    4. Preface (1/2)
    5. Preface (2/2)
    6. CHAPTER 1: HOW DID I GET INTO THIS?
      1. SPECIALIZATION BY ACCIDENT
      2. A DIFFICULT SUBJECT TO DEAL WITH
      3. POSTINGS IN AREA OF SPECIALIZATION
      4. HIGH IMPORT DUTIES TO PROTECT INEFFICIENCIES
      5. EARLY REFORMS
      6. AN EARLY PRIVATIZATION
      7. PRIVATIZATION GAINS MATURITY AND OPPOSITION
      8. REFORMS: AN EMOTIVE ISSUE
      9. THE AIM OF THIS BOOK
    7. CHAPTER 2: PRIVATIZATION: I LOSE AND YOU GAIN
      1. WHY PRIVATIZATION?
      2. WE NEED TO CATCH UP FAST
      3. PRIVATIZATION AND REFORMS
      4. REACHING TARGETS IN OUR PLANNING PROCESS AND IN RURAL AREAS
      5. PRIVATIZATION AND SICKNESS OF PUBLIC INDUSTRIES
      6. NEED OF RELIEF TO OUR TAXPAYERS AND CONSUMERS
      7. PRIVATIZATION: AN EMOTIVE SUBJECT
      8. MITTAL STEEL AND CHINA
      9. REFORMS AND GROWTH
      10. PRIVATIZATION: I LOSE AND YOU GAIN
    8. CHAPTER 3: PRIVATIZATION CYCLES ACROSS THE GLOBE
      1. NATIONALIZATION AND PRIVATIZATION
      2. THE MEIJI PRIVATIZATION AND LATER: JAPAN
      3. FROM NATIONALIZATION TO PRIVATIZATION: UNITED KINGDOM (1/2)
      4. FROM NATIONALIZATION TO PRIVATIZATION: UNITED KINGDOM (2/2)
      5. THE ITALIAN PUZZLE (1/2)
      6. THE ITALIAN PUZZLE (2/2)
      7. PRIVATIZATIONS: ITALY VERSUS UNITED KINGDOM/FRANCE/INDIA
      8. PRIVATIZATION AND DISINVESTMENT AROUND THE WORLD WITH SPECIAL EMPHASIS ON THE COMMUNIST WORLD (1/2)
      9. PRIVATIZATION AND DISINVESTMENT AROUND THE WORLD WITH SPECIAL EMPHASIS ON THE COMMUNIST WORLD (2/2)
    9. CHAPTER 4: WHY DID WE GET INTO A SIMILAR CYCLE?
      1. STATE-LED GROWTH TO LIBERALIZATION
      2. GRADUAL LIBERALIZATION IN INDIA
      3. EFFICIENCY INDICATORS IN PUBLIC AND PRIVATE SECTORS
      4. THE IMPACT OF GLOBALIZATION ON CAPITAL FLOWS
      5. REFORMS AND ECONOMIC GROWTH
    10. CHAPTER 5: PRIVATIZATION IN INDIA: CENTRAL PUBLIC INDUSTRIES
      1. REFORMS AND PRIVATIZATION CYCLE
      2. PERFORMANCE OF PUBLIC SECTOR ENTERPRISES
      3. FAILURE OF REHABILITATION SCHEMES OF PUBLIC SECTOR ENTERPRISES
      4. THE EXERCISE OF THE PRIVATIZATION OPTION
      5. THE EVOLUTION OF DISINVESTMENT/PRIVATIZATION POLICIES (1/3)
      6. THE EVOLUTION OF DISINVESTMENT/PRIVATIZATION POLICIES (2/3)
      7. THE EVOLUTION OF DISINVESTMENT/PRIVATIZATION POLICIES (3/3)
    11. CHAPTER 6: PRIVATIZATION IN STATES
      1. STATE-LEVEL PUBLIC ENTERPRISES
      2. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (1/7)
      3. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (2/7)
      4. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (3/7)
      5. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (4/7)
      6. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (5/7)
      7. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (6/7)
      8. STATEWISE PERFORMANCE OF STATE-LEVEL PUBLIC ENTERPRISES (7/7)
      9. AN ANALYSIS OF THE STATES’ EFFORTS
    12. CHAPTER 7: TIME TO RECALL: PRIVATIZATION OF BHARAT ALUMINIUM COMPANY
      1. PRIVATIZATION OF BALCO
      2. INSTITUTIONAL SUPPORT FOR PRIVATIZATION
      3. SIGNIFICANT GAINS FROM PRIVATIZATION
      4. DISCOUNT ON FUTURE SALES
    13. CHAPTER 8: NO HEAT AND DUST: SALE OF HINDUSTAN ZINC
      1. BALCO AND HINDUSTAN ZINC
      2. THE SALE
      3. POST-PRIVATIZATION PERFORMANCE
    14. CHAPTER 9: GLOBALIZATION AND THE NEW COMPETITION LAW: SALE OF INDIAN PETROCHEMICALS LIMITED TO RELIANCE
      1. ISSUES BEFORE SALE
      2. THE SALE
      3. POST-PRIVATIZATION PERFORMANCE
    15. CHAPTER 10: SHOULD WE HAVE PRIVATIZED COMPUTER MANAGEMENT CORPORATION?
      1. THE QUESTION
      2. BACKGROUND
      3. EUPHORIA BEFORE AND AFTER SALE: IBP VERSUS CMC
      4. EVALUATION OF CMC’S SALE
      5. POST-PRIVATIZATION PERFORMANCE
    16. CHAPTER 11: THE IDEAL PRIVATIZATION: VIDESH SANCHAR NIGAM LIMITED
      1. WHAT IS A GOOD PRIVATIZATION DEAL?
      2. ISSUES BEFORE PRIVATIZATION
      3. THE PROCESS
      4. POST-PRIVATIZATION (1/2)
      5. POST-PRIVATIZATION (2/2)
      6. WINNERS AND LOSERS
    17. CHAPTER 12: CREATING A CROWN JEWEL THROUGH A SALE: THE MARUTI STORY
      1. PUBLIC SECTOR HAS VALUABLE ASSETS INCURRING LOSSES
      2. THE MARUTI STORY
      3. AN ANALYSIS OF DIFFERENT PHASES OF THE MARUTI SALE
      4. HOW DID THE GOVERNMENT OF INDIA MAKE ALL THE DIFFERENCE IN THE SECOND ROUND OF NEGOTIATIONS?
      5. HOW DID MARUTI SHARES PERFORM?
      6. IMPACT OF PRIVATIZATION ON DIFFERENT STAKEHOLDERS
    18. CHAPTER 13: A MIRACULOUS TURNAROUND: PARADEEP PHOSPHATES LIMITED
      1. A PRIVATIZATION MODEL FOR SICK INDUSTRIES
      2. POST-PRIVATIZATION TURNAROUND
      3. POST-CLOSURE ADJUSTMENT
      4. GAINS OF PRIVATIZATION
    19. CHAPTER 14: THE BOARD FOR INDUSTRIAL AND FINANCIAL RECONSTRUCTION: THE JESSOP STORY
      1. THIS IS BIFR’S JOB
      2. THE BACKGROUND
      3. AN EVALUATION
      4. PRIVATIZATION CHANGES MANAGEMENT CULTURE
      5. POST-PRIVATIZATION PERFORMANCE
    20. CHAPTER 15: THE SALE OF HOTELS: A BOON OR A BANE?
      1. A PROBLEM
      2. WHY WAS THE SALE OF HOTELS ALMOST AN IMPOSSIBLE TASK?
      3. ASSET VALUATION VERSUS RESERVE PRICE
      4. SALE BELOW UPSET PRICE
      5. DISCRETION IN FAVOUR OF SALE IN LOSS-MAKING ENTERPRISES
      6. HURDLES IN DISINVESTMENT—THE SUCCESSFUL IBP CASE WHO WILL AUDIT THE CAG
      7. VALUATION PROCESS
      8. SALE PROCESS OF THE HOTEL UNITS OF THE HOTEL CORPORATION OF INDIA (1/4)
      9. SALE PROCESS OF THE HOTEL UNITS OF THE HOTEL CORPORATION OF INDIA (2/4)
      10. SALE PROCESS OF THE HOTEL UNITS OF THE HOTEL CORPORATION OF INDIA (3/4)
      11. SALE PROCESS OF THE HOTEL UNITS OF THE HOTEL CORPORATION OF INDIA (4/4)
      12. DISINVESTMENT IN ITDC (1/6)
      13. DISINVESTMENT IN ITDC (2/6)
      14. DISINVESTMENT IN ITDC (3/6)
      15. DISINVESTMENT IN ITDC (4/6)
      16. DISINVESTMENT IN ITDC (5/6)
      17. DISINVESTMENT IN ITDC (6/6)
    21. CHAPTER 16: HOW HAVE WE PERFORMED?
      1. IMPLEMENTATION OF DISINVESTMENT
      2. DISINVESTMENT AND PRIVATIZATION
      3. PRIVATIZATION IN GOVERNMENT VERSUS SALE IN PRIVATE SECTOR
      4. SHARE PRICES: PRIVATIZATION
      5. EVALUATION OF DISINVESTMENT STRATEGIES
      6. GAINS FROM PRIVATIZATION
      7. EVALUATION OF INDIA’S PRIVATIZATION PROGRAMME VIS-À-VIS OTHER COUNTRIES
    22. CHAPTER 17: DO WE CONCLUDE?
    23. Bibliography
    24. Index (1/6)
    25. Index (2/6)
    26. Index (3/6)
    27. Index (4/6)
    28. Index (5/6)
    29. Index (6/6)

Product information

  • Title: Disinvestment In India
  • Author(s): Pradip Baijal
  • Release date: October 2008
  • Publisher(s): Pearson India
  • ISBN: 9788131785331