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RINL PRIVATISATION
Govt infuses Rs 1,650 cr in RINL to keep it as a going concernThe Indian government has invested Rs 1,650 crore in state-owned RINL to tackle its financial issues. This includes Rs 500 crore in equity ...- Steel ministry pushes for merger of debt-hit RINL with SAILThe steel ministry is working on merging Rashtriya Ispat Nigam (RINL) with Steel Authority of India Ltd (SAIL) to avoid privatization. SAIL...
- Will ensure Vizag steel plant operations streamlined: AP CM Chandrababu NaiduAndhra Pradesh Chief Minister N Chandrababu Naidu has vowed to prevent the privatisation of Rashtriya Ispat Nigam Ltd (RINL), a state-owned...
- Disinvestment fetches over Rs 4.20 lakh cr in 10 years but target to be missed again in FY24Big ticket privatisation plans such as that of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI) and CONCOR are ...
- Disinvestment process of RINL is under progress: Steel MinistryThere is no freeze on the disinvestment process of RINL, the Steel Ministry clarified on Friday. Clarifying some media reports regarding th...
- RINL seeks proposals to fund working capital/ raw material in exchange for steel supplyRashtriya Ispat Nigam Ltd (RINL) has called for expressions of interest from companies interested in partnering for the supply of steel pro...
- 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...
- Government working out transaction structure of RINL strategic sale, says DIPAM SecretaryDepartment of Investment and Public Asset Management (DIPAM), which manages the government's equity in public sector companies, earlier in ...
- RINL disinvestment paves way for capital infusion, capacity expansion: GovtCCEA had accorded 'in-principle' approval for 100% disinvestment of government's shareholding in RINL along with RINL's stake in its subsid...
- Govt invites bids from IBBI-registered firms for valuing RINL's assetsThe Cabinet Committee of Economic Affairs (CCEA) on January 27 gave 'in-principle' approval for 100 per cent disinvestment of government st...
- Government appoints Atul Bhatt as CMD of RINL"The President is pleased to appoint Atul Bhatt, CMD MECON as CMD in RINL...from date of his assumption of charge of the post till date of ...
- After Tata Steel, AMNS India plans to bid for state-owned RINL"AMNS India is exploring this option," the source in the know of the development said while replying to a question that if the company woul...
- Govt extends bidding deadline for RINL transaction advisors till August 26The Department of Investment and Public Asset Management (DIPAM) had on July 7 floated the Request for Proposal (RFP) for appointing transa...
- Govt extends bidding deadline for transaction, legal advisors for RINL till Aug 17The Department of Investment and Public Asset Management (DIPAM) had on July 7 floated the Request for Proposal (RFP) for appointing transa...
- Opposition in Lok Sabha raises concern over 'aggressive' disinvestment, asset monetisation planSupriya Sule of NCP said eight ministries have lined up asset monetisation plan and the government's stake in LIC is also being diluted.
- Disinvestment: FM says govt addresses CPSE stakeholders' legitimate concerns through provisions in SPAsSitharaman said strategic disinvestment of the government's equity will lead to infusion of capital for optimum utilisation, expansion of c...
- CPI urges PM to reconsider government's decision to privatise Visakhapatnam Steel PlantEarlier this month, the Cabinet Committee on Economic Affairs (CCEA) cleared the privatisation of RINL, popularly known as the Visakhapatna...
- RINL privatisation: Jagan Mohan Reddy writes to PM Modi to reconsider decisionAmid growing outcry against the Centres move to privatise Rashtriya Ispat Nigam Limited (RINL) which has a steel plant in Visakhapatnam, Ch...
- RINL privatisation: TDP MLA Srinivasa Rao resigns in protestThe Union Cabinet has cleared the privatisation of steel-maker RINL, Department of Investment and Public Asset Management, Secretary Tuhin ...
- Trade unions, political parties oppose RINL privatisationThe Union Cabinet had cleared the privatisation of Rashtriya Ispat Nigam Ltd (RINL), DIPAM (Department of Investment & Public Asset Managem...
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