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CEL DISINVESTMENT
UP will generate 20,000 MW of renewable energy by 2027: CM AdityanathUttar Pradesh aims to generate 20,000 MW of renewable energy by 2027, Chief Minister Adityanath announced at a Sahibabad event. He lauded C...- UP CM lays foundation of CEL-ESDS green data centre entailing Rs 1,000 crore investmentCM Adityanath said CEL is setting up the first-of-its-kind data centre in India which reflects on their potential. The setting up of the da...
- Imposition of emergency had plunged the world's largest democracy into darkness, says VP Jagdeep DhankarRecalling the dark days of an emergency, Dhankhar asserted that the days of emergency will never be seen again as the constitutional democr...
- Some hits, many misses: Do India's disinvestment plans need a reset?Prime Minister Narendra Modi's often-repeated statement 'the government has no business to be in business' guided the drawing up of an ambi...
- Govt looking to step up disinvestment processThe Centre expects the IDBI divestment to spill over into the next fiscal year, as the process includes a 'fit and proper' check and securi...
- Govt scraps sale of CEL to Nandal Finance; decision on Pawan Hans likely in SeptemberIn November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industr...
- Doing disinvestment the right way - Hire specialists, dribble small stakes throughout yearSelling small stakes into the equity markets throughout the year ensures that the process doesn't become hostage to market conditions and t...
- Govt weighs up to 10% stake sale in Mazagon Dock ShipbuildersThe government has pegged the disinvestment target for the ongoing fiscal year (FY23) at ₹65,000 crore. So far, it has raised about ₹23,575...
- India puts GST rate tweaks on hold till it has a grip on inflationThe Centre has sought a legal view on the divestment of Pawan Hans and Central Electronics Ltd (CEL) that's run into complications owing to...
- Tech, managerial experience not relevant criteria for bidder selection: FinMin on CEL saleIn a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said some allegations have been received from a CEL employ...
- CEL selloff put on hold over employees' allegationsThe government had approved the sale of CEL for ₹210 crore in November last year. The transaction was scheduled to be completed by March 20...
- Can asset monetisation, privatisation trigger an investment cycle?Already this fiscal, the government has managed to kick off the first privatisation exercise of a public sector enterprise in 19 years, sel...
- Why was a profit-making PSU handed over to a company with less than 10 staff and no domain experience, asks CongressThe party alleged that not only was the profit-making PSU, founded in 1974 with expertise to commercially exploit indigenous technologies d...
- Nalco, Hind Copper strategic sale plans may soon land on Cabinet tableThe Niti Aayog has recommended privatisation of the two along with other non-strategic public sector entities.
- Govt sells Central Electronics to Nandal Finance and Leasing for Rs 210 crThe Alternative Mechanism (AM) on strategic disinvestment comprises Road Transport Minister Nitin Gadkari, Finance Minister Nirmala Sithara...
- Govt receives financial bids for stake in Central ElectronicsThe government will sell its full stake in the firm along with management control in CEL which is a pioneer in the country in the field of ...
- Strategic divestment of CEL, SAIL units likely to conclude by FY21 endThe sale of stakes in Air India, Bharat Petroleum Corp., Shipping Corporation of India, BEML and Container Corp. of India, among others, wi...
- Government clears strategic sale of Central ElectronicsThe government has approved a 100 per cent strategic sale along with transfer of management control of Central Electronics Ltd (CEL).
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