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PSU SCOOTERS INDIA LTD.
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- Ultraviolette Automotive planning to establish retail presence in European countriesUltraviolette Automotive, an electric vehicle manufacturer, announced plans to expand its retail operations to European markets, including ...
- Ministerial panel to decide on number of CPSEs to be retained in each strategic sector: DIPAM SecretaryFor the current fiscal, the revised target has been set at Rs 32,000 crore, lower than Rs 2.10 lakh crore set in the previous Budget. The C...
- Few takers for many PSUs put up for saleWith the govt holding on its land and other assets, the much-hyped disinvestment exercise has failed to take off.
- Finance Ministry may transfer 5 sick CPSE shares to SNIF fund to meet Sebi normThese companies have time till August 21 to meet the 25 per cent public shareholding norm.
- Govt invites EoI for strategic stake sale in Scooters IndiaIn a global invitation, the heavy industry ministry has asked interested parties to submit the EoI on or before May 7, 2018.
- Cabinet clears strategic stake sale in 17 CPSEs; govt to cut 26% stake in BEMLThe TV report suggested that the government has cleared 26 per cent stake sale in the company through a two-stage auction process.
- Scooters India's net worth turns positivePublic sector entity Scooters India's net worth has turned positive and the company may soon move out of the purview of Board for Industria...
- Government invites application for Director (Finance) in Scooters IndiaScooters India Ltd, was incorporated in 1972 with the objective to manufacture two-wheelers and three-wheelers and is headquarterd at Luckn...
- No plan to disinvest in Bhel as of now: Praful PatelHeavy Industries and Public Enterprises Minister Praful Patel today said there is no immediate plan to divest government stake in power equ...
- Congress' bail out of bankrupt Scooters India is party's gain at nation's lossSonia Gandhi ensured that the PM pushed the bailout through Cabinet to avoid trouble for her own and son Rahul’s election from UP in 2014.
- Cabinet clears revival package for Scooters India LtdThe automobile company, which has about 1,200 regular employees, has been incurring losses since 2002-03. In March 2009, the company was de...
- Government defers decision on proposal to revive sick PSU, Scooters IndiaThe Department of Heavy Industries (DHI) had proposed a revival package of more than Rs 200 crore.
- Scooters India dips 5% as government defers revival planShares of Scooters India Ltd today fell by nearly 5 per cent to hit lower circuit after the government deferred a proposal for revival of t...
- Govt defers proposal for revival of Scooters IndiaThe government today deferred a proposal for the revival of sick PSU, Scooters India Ltd (SIL) due to absence heavy Industries and Public E...
- Government may take up EIL stake sale, SIL revival proposals on Thursday"The Cabinet is expected to take up the proposal for revival of SIL through cash and non-cash assistance," said the source.
- Government to consider Rs 200 crore revival package for Scooters IndiaThe Department of Heavy Industry had proposed a revival package of more than Rs 200 crore for revival of the company, sources said.
- Defence ministry may revive ITI which has plants in Congress bastionsGovt is likely to revive the ailing state-run telecommunications equipment maker ITI because some of its plants are located in Congress bas...
- Govt shelves Scooters India disinvestment till holistic reviewAmid volatile market conditions, the government has put on hold the strategic sale of sick PSU Scooters India Ltd (SIL).
- Heard on the streetA group of punters appear to have taken control of the Scooters India stock.
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