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PSU Privatisation News

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

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

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

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

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

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

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

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