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Tag results for... "disinvestment"

Vijayadashmi: PM Modi launches seven new Defence PSUs, carved out of OFB

PM Modi dedicates to the nation seven new Defence Companies on the auspicious occasion of Vijay Dashmi These 7 new companies would form a strong base for the military strength of the.......

Sale of Central Electronics Ltd reaches concluding stage, financial bids received

New Delhi: The process of the sale of the state-run Central Electronics Ltd (CEL) has moved to a concluding stage. Govt on Tuesday said that the financial bids for strategic disinvestment of.......

Air India privatisation: Homecoming for AI as Tata Sons wins bid for Rs 18,000 cr

The second highest bid was placed by a consortium led by SpiceJet Chairman and Managing Director Ajay Singh for an enterprise value of Rs 15,100 crore Both the bids were above the reserve price.......

Govt reaches out to CIL for listing CMPDIL, divestment of 10% paid-up capital

CMPDIL is a wholly-owned subsidiary of CIL and listing it separately would involve spinning it out as an independent company The government has been mulling spinning off CIL’s.......

No decision has been taken on Air India so far: Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Saturday said the government has not taken any decision on Air India so far and the final winner will be selected through a well-defined.......

Tata Sons emerges as the highest bidder for Air India

New Delhi/ Mumbai: (Air India Privatization news) Tata Sons has emerged as the highest bidder for the Air India acquisition. According to highly placed sources, the govt has accepted Tata Sons’.......

RINL Vizag Steel Disinvestment: These 5 companies to make presentation on Sept 30

New Delhi: The new development in RINL Vizag Steel Disinvestment is the appointment of a transaction advisor which will be announced soon. The Department of Investment and Public Asset Management.......

Widespread mergers, closures of Railway PSUs likely; RVNL, CRIS, CORE, RailTel on list

RVNL proposed to be merged with IRCON Braithwaite & Co Ltd to be merged with RITES RailTel to be merged with IRCTC, CRIS to be wound up A new PSU to be formed to head Railways’ 8.......

Disinvestment: Govt to offload upto 10% stake in Hindustan Copper; OFS opens on Sep 16

The Centre plans to sell 5 percent of its stake in the company and exercise the greenshoe option to sell an additional 5 percent in case of oversubscription The floor price for the OFS is Rs 116.......

Air India disinvestment in concluding stage: DIPAM Secretary

Air India disinvestment now reached in concluding stage, said DIPAM secretary Tuhin Kanta Pandey Tata Sons has put in a bid for the Air India disinvestment  New Delhi: The.......

What is National Monetisation Pipeline? Know it all here

Finance Minister Nirmala Sitharaman launched the National Monetisation Pipeline on Monday National Monetisation Pipeline will monetise govt assets worth Rs 6 lakh crore New Delhi/ Vivek.......

National Monetisation Pipeline: Shipping assets worth Rs 12,828 cr to be monetised

New Delhi: Shipping assets worth Rs 12,828 crore will be monetised over the next four years under the Rs 6 lakh crore National Monetisation Pipeline (NMP) announced by Finance Minister Nirmala.......

BPCL unions withdraw 5-day strike as govt refers LTS dispute to CGIT

The decision has been taken in view of the fact that the government has referred the dispute over the finalisation of LTS for BPCL workers to the Industrial Tribunals The government has also.......

No decision on stake sale in Petronet LNG, Indraprastha Gas: BPCL CFO

Gupta said that SEBI has not yet responded to an application made for exempting the new owner of BPCL from making an open offer BPCL holds 12.5 percent stake in Petronet LNG and 22.5 percent in.......

RINL & SAIL registered 95.40% jump y-o-y in steel exports in FY 2020-21

New Delhi: Steel Authority of India Ltd (SAIL) and disinvestment-bound Rashtriya Ispat Nigam Ltd (RINL) registered a big 95.40 percent jump year-on-year in steel exports in FY 2020-21 as the two PSUs.......