Got multiple EoIs for FSNL disinvestment: DIPAM SecyThe Secretary of the Department of Investment and Public Asset Management (DIPAM) on Monday tweeted that multiple expressions of interest (...
20 Jun, 2022, 11.41 AM IST
FinMin invites bids for FSNL privatisationThe finance ministry on Thursday invited bids to sell the entire government stake in Ferro Scrap Nigam Ltd (FSNL). The last date to submit ...
31 Mar, 2022, 03.23 PM IST
Govt invites bids from asset valuers for strategic sale of FSNL"The Department of Investment and Public Asset Management (DIPAM) requires the services of a reputed asset valuer entity — registered with ...
11 Nov, 2021, 05.34 PM IST
Budget: LIC IPO coming; 2 PSU banks, 1 insurer to be soldTo facilitate the sale of the LIC stake, the government will need Parliament approval to amend the LIC Act.
02 Feb, 2021, 08.51 AM IST
Government mops up Rs 19,499 crore from CPSE disinvestment, buyback so far in FY21FM Nirmala Sitharaman had in her budget for 2020-21 set a target of raising Rs 2.1 lakh crore from privatisation, sale of minority stakes i...
31 Jan, 2021, 01.08 PM IST
Government extends bid deadline for Pawan Hans by a month to February 18The government owns 51 per cent stake in Pawan Hans, while Oil and Natural Gas Corp (ONGC) holds the remaining 49 per cent. ONGC has decide...
18 Jan, 2021, 07.39 PM IST
Govt starts process for strategic sale of Ferro Scrap NigamThe government would appoint a transaction advisor from reputed consulting firms, investment bankers or financial institutions for providin...
03 Nov, 2020, 07.36 PM IST
Steel PSUs contribute over Rs 250 crore to PM-CARES FundSteel makers Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) have given Rs 30 crore and Rs 6.16 crore respectively...
05 Apr, 2020, 12.04 PM IST
- Steel ministry organises a two-day Vigilance Conclave
Inaugurating the conclave on Monday, Central Vigilance Commissioner K V Chowdary said transparency and accountability are the cardinal prin...
19 Mar, 2019, 07.42 PM IST
Steel Minister announces pension scheme for CPSEs, to benefit about 1.5 lakh employeesThe pension scheme is estimated to cost additional financial burden of Rs 540 crore.
17 Jul, 2018, 07.39 PM IST
CVC probing 1,962 corruption cases against senior babus: GovernmentNo corruption case is under investigation by CVC against the present managing director of Ferro Scrap Nigam, the government said today in L...
26 Jul, 2017, 05.01 PM IST
Government scraps plan to divest MSTC's subsidiaryMSTC is a metal scrap trading PSU. It also renders services to steel and petrochemical sectors for raw material support.
23 Jul, 2017, 02.03 PM IST
Steel Minister Narendra Singh Tomar asks SAIL to check falling market shareAsserting that "capacity without production is meaningless", Tomar asked SAIL to resolve issues with regard to modernisation and expansion ...
15 Jun, 2015, 11.08 PM IST
Narendra Singh Tomar urges PSUs to improve performance during annual reviewThe minister urged SAIL to improve marketshare and resolve pending issues in its modernization and expansion plan at the earliest, while re...
15 Jun, 2015, 07.57 PM IST
Steel Ministry looking at merging small PSU units with bigger onesThe committee, which tabled its report in the Lok Sabha today, said the issue of merger of small units came up for discussions during oral ...
22 Dec, 2014, 09.31 PM IST
- 12 PSUs to provide assistance to Bihar flood-hit
12 public sector undertakings (PSUs) under the Union Steel Ministry came forward with relief assistance to help the 2.5 million affected pe...
01 Sep, 2008, 06.22 PM IST
- Govt to sell MSTC, Ferro Scrap stake
The government has decided to offload its 100 per cent stake in Metal Scrap Trading Corporation along with 60 per cent holding in Ferro Scr...
08 May, 2002, 07.18 AM IST