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.......

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.......

The number of loss making CPSEs were 79 in 2015-16, 81 in 2016-17; 72 in 2017-18; 69 in 2018-19 and 84 in 2019-20, said Dr Karad The number of profit-making PSUs was 175 in 2016-17, 183 in.......

Dr Karad said that in line with the announcement made by the Finance Minister, the government will be taking up privatisation of two public sector banks Even though the government is committed.......

On the final day of the offer, it was subscribed 0.27 times as bids were received for 29,45,472 shares against the base issue size of 1,10,10,450 shares Stock analysts had predicted that retail.......

‘As much as the government would like to disinvest, we also need businesses to come forward and participate in our bidding process’ ‘There have been delays and pushbacks.......

At the end of the day on Tuesday, the HUDCO OFS was subscribed 1.96 times Against the base issue size of over 9.90 crore shares, institutional investors have put in bids for 19.40 crore.......

Disinvestment has been completed in 8 PSUs so far A total of 21 PSUs are being currently under the process of disinvestment or privatisation New Delhi: The Centre has approved the.......

The Centre has so far raised Rs 7,645.70 crore from PSU disinvestment against a target of Rs 1.75 lakh crore, Dr Karad told the Lok Sabha The initial public offer (IPO) of Life Insurance.......

The potential size of the (LIC) IPO is expected to be larger than any precedent in Indian markets, said DIPAM Once the valuation is done, book-running lead managers (BRLM) will help DIPAM in.......

BEML had announced the appointment of Deloitte as consultant for advising, undertaking and implementing demerger of non-core assets ahead of its disinvestment The government has plans to hive.......

The CCEA had given its ‘in-principle’ approval on October 14, 2020, to the demerger of Nagarnar Steel Plant from NMDC Ltd and its strategic disinvestment According to NMDC Vision.......

The data room has been opened up for the three shortlisted bidders, who will now participate in the RfP stage The draft share purchase agreement has been issued and site visits have been.......

VDR access is an important step in the SCI disinvestment process The VDR access will give bidders access to detailed financial information about SCI necessary for making a financial bid New.......

BORL is a 7.8 MMTPA capacity central India oil refinery, located in Bina, Madhya Pradesh Since March 2020, BPCL had been holding 63.4 percent while OQ had 36.6 percent equity in the.......