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Tag results for... "psu-disinvestment"

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.......

No of loss-making PSUs in India up, no of profit-making PSUs down in last 5 yrs: Dr Karad

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.......

No proposal being considered for public sector bank merger currently: Dr Bhagwat Karad

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.......

HUDCO OFS receives underwhelming response from retail investors on last day

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.......

After 17 years, India needs to see some PSU privatisation: DIPAM Secretary

‘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.......

HUDCO OFS subscribed 1.96 times on Day 1; govt to exercise green shoe option

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.......

Govt has approved disinvestment of 35 PSUs since 2016: Dr Bhagwat Karad

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.......

Privatisation would be primary mode of PSU disinvestment: MoS Finance

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.......

LIC IPO: Govt begins process to take LIC public, invites bids from BRLMs, legal advisors

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.......

Disinvestment: BEML forms BEML Land Assets Ltd for demerger of non-core assets

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.......

NMDC Board approves de-merger of Nagarnar Steel Plant for disinvestment

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.......

Govt shortlists ArcelorMittal, JSW Steel & MEIL for NINL disinvestment

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.......

SCI disinvestment: SCI opens Virtual Data Room (VDR) for bidders

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.......

BPCL pays Rs 2,399 cr to OQ, completes stake acquisition in Bharat Oman Refineries

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.......