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CEL SALE
Gilead to acquire cancer therapy developer Arcellx for up to $7.8 billionGilead will pay $115 per share in cash at the deal's closing, which is at a premium of 79% to the stock's last close. Kite Pharma, a unit ?...- Pawan Hans winning sale bid likely to be scrappedLast month, the Centre had scrapped the strategic sale of another public sector company, Central Electronics Ltd (CEL), after it discovered...
- Centre may invite fresh bids for CEL after charges of riggingThe Centre had approved the sale of CEL in November last year to Nandal Leasing and Finance Ltd for ₹210 crore. The transaction was schedul...
- Disney archive exhibition set to open in London before 100th anniversaryThe highly anticipated Disney's pre-100th-anniversary exhibition will be held at the London Palladium, which is located at 157 Regent Stree...
- Centre terminates Central Electronics divestment processIn November last year, the government approved the sale of CEL - a public sector enterprise under the Department of Scientific and Industri...
- 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...
- 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...
- 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...
- Government puts brakes on CEL privatisation after employees union approaches courtAllegations of under-valuation in the Rs 210 crore highest bid made by the city-based Nandal Finance & Leasing are being examined, said Tuh...
- 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...
- 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...
- Sigachi Industries IPO opens: Can the least talked about issue spring a surprise?The smallest IPO in this group has not been the talk of the town, though analysts covering the issue are bullish on the company.
- 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 invites bids for outright sale of CELThe department of Investment and Public Asset Management (DIPAM) has invited Expression of Interest (EoI) from interested bidders having mi...
- 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).
- Is IT boring? Gupta wants to talk to youEx-HCL Tech CEO's firm to offer co-innovation model and hire executives from Indian IT firms.
- Murugappa chalks out plans to build infra, realty bizThe $3-billion diversified Murugappa group has chalked out big plans to tap the business opportunities in infrastructure and residential pr...
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