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PSU disinvestment news

Draft Cabinet note issued for listing of 25% shares of CIL subsidiary BCCL

The coal ministry has floated a draft Cabinet note for seeking inter-ministerial views on the proposal to list 25% shares of Coal India subsidiary BCCL

Cabinet empowers boards of PSUs to decide on disinvestment of subsidiaries

The Cabinet has empowered the boards of Public Sector Undertakings (PSUs) to decide on the closure and disinvestment of units/subsidiaries

There’s little clarity over where BPCL disinvestment is headed. Here’s why

Synopsis: The disinvestment of state-run BPCL seems to have become shrouded in uncertainties as the process has now dragged on for two years and there seems to be lack of clarity over whether it is headed

Disinvestment: Govt approves Tata Steel’s Rs 12,100-cr bid for NINL

After Air India, Tata Group is now set to bag another PSU as the government has approved the Rs 12,100-crore bid submitted by Tata Steel for NINL

Former Union Steel Minister seeks immediate curb on NINL disinvestment from PM

Former Union Steel Minister Braja Kishore Tripathy has urged Prime Minister Narendra Modi to immediately curb the disinvestment of NINL

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

The government has said that the disinvestment of Neelanchal Ispat Nigam Ltd (NINL) has moved to the concluding stage after the receipt of financial bids

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

MSTC Ltd held an extraordinary general meeting to seek an approval from shareholders for the privatisation of its subsidiary FSNL

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

On being asked about CONCOR's disinvestment plan, the Railways Minister said that the container transport industry has come of age and has a number of private players

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

The Board of Directors of disinvestment-bound SCI has given its nod to the demerger and hive-off of its non-core assets into a separate company ahead of the privatisation process

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

The Centre has begun the process for the privatisation of Ferro Scrap Nigam Ltd (FSNL)

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