Monday, December 5, 2022
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Govt invites bids for privatisation of NMDC’s Nagarnar Steel Plant

The government has invited preliminary bids for the strategic sale of NMDC's Nagarnar Steel Plant and the last date for submitting bids is January 27, 2023

IDBI Bank privatisation: Govt extends query submission deadline till Nov 10

The Finance Ministry has extended the deadline for potential bidders to submit queries on IDBI Bank privatisation by 13 days till November 10

IDBI Bank privatisation: LIC to recover its investment by time of sale

New Delhi: State-owned insurance company LIC is expected to recover its Rs 21,624-crore investment it had made in IDBI Bank as share prices are...

MCA approves demerger of NMDC Nagarnar steel plant in Chhattisgarh from NMDC

The MCA has approved the demerger of NMDC Steel, also known as Nagarnar Steel Plant, a three-million tone capacity plant in Chhattisgarh, from NMDC Ltd

IDBI Bank sale: Corporates cannot be bidding consortium members due to RBI norms

Large corporates have been disallowed from being even a minority shareholder in consortium wanting to bid for 61 percent stake in IDBI Bank

Disinvestment: Bids for IDBI Bank likely to be invited by March, sale process to conclude next fiscal

The financial bids for IDBI Bank privatisation is likely to be invited by March and the conclusion of the sale is expected in the next year, officials said

LIC buys over 2% stake in BPCL for nearly Rs 1,598 crore

LIC has acquired over a 2 per cent stake in state-owned refiner Bharat Petroleum Corporation Ltd (BPCL) for nearly Rs 1,598 crore since December last year

WAPCOS files IPO papers with Sebi; govt to divest stake

Public sector company WAPCOS Ltd has filed preliminary papers with capital markets regulator Sebi to float an IPO (Initial Public Offering)

Disinvestment more about reforms than fiscal management: DIPAM Secretary

Disinvestment should be looked at more from the angle of reforms, rather than fiscal management, DIPAM Secretary Tuhin Kanta Pandey told India Inc

HLL Lifecare Ltd: SC seeks govt’s response on plea challenging disinvestment

The Supreme Court on Friday sought a response from the Centre and others on a plea challenging the disinvestment process of HLL Lifecare Ltd

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