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Tag results for... "privatisation"

Decision on RINL privatisation not under reconsideration: Steel Minister in Lok Sabha

‘The decision for strategic disinvestment of RINL has been taken in line with New Public Sector Enterprise (PSE) Policy for Atmanirbhar Bharat notified by the.......

A total of 20 PSUs are currently undergoing disinvestment: MoS Finance

Dr Karad told the Lok Sabha that 17 PSU disinvestment transactions, including Air India, is currently being processed by DIPAM In addition, three more PSU disinvestments are currently being.......

Banks privatization: No information so far, clarify Indian Overseas & Central Bank of India

No information on banks privatization so far, Indian Overseas Bank & Central Bank of India clarified on Wednesday Shares of Indian Overseas Bank & Central Bank of India rise on the news.......

Cabinet approves privatisation of discoms in Dadra & Nagar Haveli and Daman & Diu

A single distribution company — DNH-DD Power Distribution Corporation Limited — would be incorporated as a wholly-owned government company Trust(s) shall be formed to manage the.......

Govt clarifies: ONGC free to choose any model for increasing oil & gas production

‘ONGC has to prepare its plan and take right decisions in order to increase domestic production’ ‘There is enough scope for several large and small companies to operate in the.......

After 19 years, India will see 5-6 PSU privatisation this year: DIPAM Secretary

‘Financial bids for the privatisation of as many as six PSUs, including BPCL, BEML Ltd and SCI, among others, will be invited by December this year or January 2022’ ‘The.......

PSU disinvestment: SCI demerges, spins off non-core assets into separate company

The new entity will be called Shipping Corporation of India Land and Assets Limited The demerger will take effect after approval from competent authorities New Delhi: The Board of Directors.......

Govt begins process for privatisation of Ferro Scrap Nigam Ltd (FSNL)

DIPAM has floated an RfP for engaging asset valuers for privatisation of FSNL Bids are to be submitted by December 6 New Delhi: The Centre has begun the process for the privatisation of.......

Privatisation: Will Coal India Ltd (CIL) subsidiaries be privatised?

At a time when the government is trying to bring in more players into the sector, it makes better sense to hive off CIL subsidiaries into separate entities, said a source The Coal Ministry has.......

Disinvestment: BMS holds pan-India protests, says govt can’t sell PSUs to bridge fiscal deficit

The organisation lambasted the Bharatiya Janata Party (BJP) government for resorting to a policy of selling PSUs to bridge its fiscal deficit and raise revenues The BMS said that the idea of.......

Govt departments asked to clear Air India dues immediately, buy air tickets in cash

Air India Sale: Tata group has stopped extending a credit facility to the government FinMin issued a memorandum asking all govt departments to buy Air India tickets in cash and clear all.......

RSS-affiliated BMS to hold nationwide protests against PSU privatisation on Oct 28

BMS’ All India Secretary Girish Arya said that public sector unions affiliated to the BMS will send a memorandum to Prime Minister Narendra Modi in support of its demands The BMS is.......

Air India privatisation takes off, govt signs SPA with Tata Sons

The signing of the SPA is a milestone of sorts as it marks the first privatisation undertaken by the government in nearly two decades The signing of the agreement comes days after a Letter of.......

Govt to soon set up a company for monetisation of privatisation-bound PSU assets

An SPV in the form of a company would be set up to hold these assets which would be monetised to fetch value to the exchequer, said the DIPAM Secretary The Department of Public Enterprises (DPE).......

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.......