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PSU disinvestment news

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

The BMS held pan-India demonstrations on Thursday to demand an immediate stop to the Centre’s ambitious PSU disinvestment, privatisation and asset monetisation policy

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

The BMS, an affiliate of RSS, is set to hold nationwide protests on October 28 to demand a stop to the Centre’s policies of disinvestment and privatisation of PSUs

Widespread mergers, closures of Railway PSUs likely; RVNL, CRIS, CORE, RailTel on list

Principal Economic Adviser Sanjeev Sanyal has proposed a widespread rationalisation plan for Railway organisations and PSUs which could see several mergers and closures

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 PSUs in India has increased while the number of profit-making PSUs has decreased, said Minister of State (MoS) for Finance Dr Bhagwat Karad

HUDCO OFS receives underwhelming response from retail investors on last day

After getting oversubscribed on day 1, HUDCO OFS received an underwhelming response from retail investors on the last day

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

After 17 years, India needs to see some PSU privatisation, said Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey

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

On the opening day, the OFS of HUDCO received a good response from investors, prompting the government to exercise the green shoe option

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

Govt has approved the disinvestment of a substantial stake or the entire stake, along with the transfer of management control, for a total of 35 PSUs since 2016: Dr Bhagwat Karad

Privatisation would be primary mode of PSU disinvestment: MoS Finance

Minister of State (MoS) for Finance Dr Bhagwat Kishanrao Karad has said that privatisation would be the primary mode of PSU disinvestment in the time to come

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

The Board of Directors of NMDC has approved the demerger of NMDC Steel Limited from the company, thereby paving the way for the de-merger of Nagarnar Steel Plant from NMDC

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