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PSU DISINVESTMENT PROCESS
Sebi relaxes rules for govt for PSU disinvestment"Considering the unique nature of transaction and process involved in a PSU disinvestment spanning over a long period, such a requirement o...- Hindustan Lifecare bidding: Preventing participation is against cooperative federalism, says Pinarayi VijayanPreventing a state government from participating in an open bidding process would not be in accordance with the principles of cooperative f...
- 'Preventing' participation in HLL bidding against cooperative federalism, Kerala tells CentreIn his brief letter, Vijayan pointed out that he had already sent a letter in June, 2017 requesting the Centre not to proceed with the priv...
- How to smoothen the disinvestment process for a listed PSUA typical disinvestment of a PSU goes through various steps such as submission of the disinvestment proposal within the government, grant o...
- Niti Aayog to empanel transaction advisor for PSU assets monetisation, disinvestmentThe Aayog is hand-holding the respective asset owners -- the statutory bodies, public sector enterprises and other such undertakings within...
- Divestment: Some profitable PSUs too may be put on the blockThe Niti Aayog has already recommended a list of 23 PSUs for privatisation which are being looked at by the Department of Investment and Pu...
- Use of ECB allowed for multiple rounds of disinvestment: RBIThe Reserve Bank today said external commercial borrowings (ECBs) can be used to buy shares in multiple rounds of PSU disinvestment.
- Cabinet nod to PSU Exchange Traded Fund (ETF) proposal likely soon"The proposal of a PSU ETF could be taken up in the next meeting of the CCEA. The meeting is likely later in the week," a source said.
- Finance Ministry to prepare cabinet note for setting up PSU ETFThe Finance Ministry will prepare a Cabinet note on framework of the ETF for state-owned companies.
- ICICI Securities to advise govt for public sector ETFsThe Department of Disinvestment has selected ICICI Securities to act as its adviser to create and market the proposed central public sector...
- RINL IPO to kickstart PSU disinvestment process this monthThe government today said it will kickstart its ambitious Rs 30,000 crore disinvestment programme with stake sale in RINL this month.
- PSU divestment nod will come with names of merchant bankersThe government on Wednesday announced measures to streamline and fasten the process of divesting stake in public sector units, as it tries ...
- BSNL IPO may happen next fiscal: Disinvestment Secretary"The co's financials are doing pretty badly & BSNL have to pull up," Disinvestment Secretary Sunil Mitra said. Gainers: BSE ( A, B ), NSE |...
- Steel Ministry identifies two PSUs for disinvestmentSteel Ministry has identified two Public Sector Units (PSUs) for disinvestment, and is going to send its recommendations to the cabinet lat...
- Bankers welcome poll results, feel reforms will get a pushBankers on Saturday hailed the victory of the UPA, hoping that it would push economic reform process forward, particularly the disinvestmen...
- Govt issues GR to kickstart PSU disinvestment in GujaratIn an effort to go ahead with the process of disinvesting state PSUs, the Gujarat government issued a government resolution here on Thursda...
- Fernandes for letting PSUs bid for HPCLA day ahead of a crucial meeting of the Cabinet Committee on Disinvestment, Defence Minister George Fernandes on Thursday favoured PSUs lik...
- Orissa, Punjab, M'rashtra fiercely oppose selloffThe Nalco privatisation process is unlikely to resume in a hurry, brave efforts of the disinvestment ministry notwithstanding.
- Three bidders withdraw from Balmer Lawrie disinvestmentThree out of the 16 bidders, who had shown initial interest in the disinvestment process of Balmer Lawrie & Company, have withdrawn from th...
- PSU recast can’t be excuse to delay selloffRestructuring of PSUs can no longer be used by administrative ministries as a plausible excuse for postponing or aborting privatisation.
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