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PAWAN HANS AND CEL LTD
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...
- 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 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...
- 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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