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PSU disinvestment news

Govt shortlists ArcelorMittal, JSW Steel & MEIL for NINL disinvestment

Three steel majors have been shortlisted by the government as bidders for Neelanchal Ispat Nigam Ltd (NINL), which is slated for disinvestment

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

Disinvestment-bound SCI has opened its Virtual Data Room (VDR) for bidders on July 12, the company said in a regulatory filing

BPCL disinvestment: Govt mulling amendment in FDI policy, say sources

DIPAM has proposed an amendment in FDI policy in order to allow foreign investors to pick up more than 49 percent share in disinvestment-bound BPCL, said sources

SCI disinvestment: Govt shortlists MEIL, ex-SCI employee consortium & US-based company

The DIPAM has shortlisted three bidders for the next stage of the disinvestment process of Shipping Corporation of India (SCI), said sources

COVID: Bidders seek extensions in deadlines, BPCL, Air India disinvestment likely to get delayed

The Centre’s disinvestment plans for Air India and BPCL are likely to get delayed in the wake of the second wave of COVID-19 infections in India

Employees urge govt to restart NINL’s idle Oxygen Plant for COVID-19 patients

The executives association at NINL has urged the government to restart the PSU’s Oxygen Plant in order to address the crisis of Oxygen availability for COVID-19 patients

FM to hold review meeting on disinvestment this week, take call on bank privatisation: Sources

Finance Minister is going to chair a crucial review meeting on disinvestment this week, where a call will be taken on the names of the two PSBs that will be privatised

SEFI demands ‘Maha merger’ of steel PSUs SAIL, RINL, NINL, others to form mega entity

The SEFI has passed a resolution demanding the ‘Maha merger’ of SAIL and its subsidiary units with RINL, NINL, NMDC and MECON to form a ‘Maha steel PSU unit’

Modi govt ends FY21 with PSU disinvestment yield of Rs 32,835 cr

The Modi government has ended the financial year 2020-21 (FY21) with a PSU disinvestment yield of Rs 32,835.45 crore

NINL disinvestment progresses without any delay; govt receives multiple EoIs

The disinvestment of NINL has entered the next stage without any delay as the deadline for the submission of EoIs closed on March 29 with multiple bidders showing interest

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