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Tag results for... "psu-disinvestment"

NINL disinvestment moves to concluding stage, financial bids received: Govt

Three steel majors are believed to be in the race to purchase the government’s stake in NINL The Cabinet Committee on Economic Affairs (CCEA) had given its in-principle approval for the.......

MSTC seeks shareholders’ nod for privatisation of FSNL at extraordinary general meeting

During the EGM, the MSTC Chairman responded to queries relating to the financial implications of the disinvestment of FSNL The Centre has begun the process for the privatisation of FSNL in.......

PSB privatisation: What was the impact of the 2-day bank strike?

In addition to public sector bank employees and staff, officers of old generation private banks were also on strike, said the AIBEA General Secretary Around one lakh bank branches remain.......

New PSE policy: DPE to identify PSUs for privatisation in non-strategic sectors

DPE will now be responsible for taking in-principle approval from CCEA for privatisation or closure of identified CPSEs in non-strategic sectors DPE has also been entrusted with the task of.......

PSU disinvestment: Govt invites EoIs for privatisation of PDIL, HLL Lifecare

The DIPAM Secretary said that EoIs for the privatisation of both the PSUs are to be submitted by January 31, 2022 The disinvestment process for PDIL and HLL Lifecare Ltd will be implemented.......

Here’s what Railways Minister said in LS when asked about CONCOR disinvestment

The minister told the Lok Sabha that the government started the process of minority stake disinvestment in the year 1994-95 At this point of time, the government holds 54.80 percent equity in.......

Govt implementing retraining, redeployment scheme for PSU employees released under VRS

The minister told the House that the terms and conditions of the strategic sale suitably address PSU employees’ concerns in the SPA and SHA Since 2016, the government has given.......

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.......

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.......