Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd
LIC, SBI and BoB are the sponsors of LIC MF, SBI MF and Baroda MF and at the same time, they were holding over 18 per cent stake in both UTI MF and UTI Trustee Company.
"The improvement witnessed in August-October 2020, after the unlocking, fizzled out in November 2020 as the industry reported APE degrowth of 44.4 per cent YoY," it said.
Hyderabad: Telangana State Planning Board vice-chairman B Vinod Kumar on Saturday slammed the Centre for its moves to privatise public sector undertakings (PSUs) in the country, and questioned how selling LIC to corporate companies could be termed patriotic. He said farmers and workers were the real patriots of the country as they were its backbone. […]