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"disinvestment"

  • Govt evaluating financial bids for IDBI Bank strategic sale: Sources

    The government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for a 60.72 per cent stake in IDBI Bank. The strategic sale resumed in July after earlier bids fell below the reserve price set by the government
  • Vijay urges Centre to reconsider NLC India stake sale

    Tamil Nadu Chief Minister C. Joseph Vijay has urged Prime Minister Narendra Modi to halt the proposed disinvestment of up to 3 per cent stake in NLC India Ltd, describing the PSU as a strategic national asset vital to Tamil Nadu's economy, energy security and industrial development
  • Centre clears disinvestment of 25 percent equity stake in Bharat Coking Coal Ltd

    As a part of its plan to restructure CIL, the government had last year decided for an initial listing of 25 per cent shares of BCCL
  • Disinvestment policy: Shipping corporation next on Centre’s block

    Hyderabad: Continuing with its disinvestment frenzy, the BJP government at the Centre has now turned its attention to the Shipping Corporation of India, with financial bids for the company expected to be invited by September after the process of demerger of so-called non-core assets is completed. The union Government, as part of its wholesale stakes […]
  • Centre nets over Rs 3.78 lakh crore from divestment

    Hyderabad: The disinvestment drive undertaken by the BJP government at the Centre has netted an incredible amount of Rs 3,78,383 crore so far, if the statistics released by the Centre are any indication. Ever since the BJP took over the reins of the Central government in 2014, close to 155 disinvestment /fund transfers took place. […]
  • Rs 1.75 lakh crore disinvestment target on track, says Chief Economic Advisor

    The disinvestment plan includes strategic sale of IDBI Bank, BPCL, Shipping Corp, Container Corporation, Neelachal Ispat Nigam Ltd, among others.
  • Govt gives nine-month extension to LIC Chairman M R Kumar

    In her Budget Speech 2021, Finance Minister Nirmala Sitharaman said the Initial Public Offer (IPO) of LIC would be floated in 2021-22.
  • Nationwide strike impacts banking services of PSU banks

    However, branches of private sector lenders like ICICI Bank, HDFC Bank and Axis Bank are open as they are not part of the strike.
  • Bank operations may be hit on Mon, Tue due to nationwide unions’ strike

    Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) as part of the government's disinvestment plan.
  • Andhra Pradesh CM Jagan urges PM Modi to save Vizag Steel Plant

    Jaganmohan Reddy also drew the attention of Modi to the fact that the plant had a good performance between 2002 to 2015 earning profits with positive net worth.
  • Fight against anti-farmer, anti-labour policies is above politics: MLC Kavitha

    The MLC said the BJP was resorting to outright lies and fake news to manipulate social media to turn the tide in its favour in the polls.

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