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SCI PRIVATISATION
Shipping Corporation of India, NMDC Steel selloff to get fresh push after electionsThe government plans to disinvest in Shipping Corporation of India (SCI) and NMDC Steel after the general election. SCILAL, a demerged enti...
Govt moves closer to Shipping Corp sell-off; no stamp duty on unit demergerAcceding to the Centre’s request, the Maharashtra government has waived off stamp duty pertaining to the demerger of SCILAL, created by hiv...
Govt to list SCI's non-core assets on bourses this month; invite bids for privatisation thereafterAs part of the demerger process, SCILAL will be listed on the stock exchanges, and every shareholder of the Shipping Corporation of India (...
Financial bids for Shipping Corporation of India soon; land and assets unit likely to be listed in a monthThe government intends to invite financial bids for its entire 63.75% stake in Shipping Corporation of India (SCI) soon after the demerged ...
Govt to invite financial bids for Shipping Corp in May -sourcesSCI - which owns and operates bulk carriers and crude oil tankers, among others - had to spin off its non-core assets before the government...
Shipping Corporation selloff to set sail with roadshows from next weekThe disinvestment department has decided to start the process even as unions and a section of management raised objections to the Rs 1,000 ...
Govt may invite financial bids for Shipping Corp sale in March quarter"The demerger of non-core and land assets of Shipping Corporation is at an advanced stage. The process is expected to be over in about thre...
Govt to invite financial bids for SCI sale by Sept; Shipping House, MTI to be hived offAs part of the strategic-sale process, the government is hiving off Shipping House and the training institute in Pune and some other non-co...
Maharashtra government holds key to Shipping Corporation of India privatisationSCI's privatisation is planned as a two-step process, which will involve the demerger of the non-core assets of the company including its c...
Ukraine war a roadblock for SCI privatisation“Globally markets are facing impact of the crisis, I don’t think this is the right opportune moment,” Shipping Corp. Chairperson and Managi...
Shipping Corporation of India selloff: Safesea, JM Baxi submit expressions of interestIndia's largest private ship operator Great Eastern Shipping was also interested in participating in the process, said sources. However, it...
- Anti-privatisation: It's the same game, only the players have changed
The players in the arena have changed and so has the rules of the game, but anti-privatisation noise shows no signs of dying down.
- Sale of residual shares in CMC, IPCL on: Shourie
Disinvestment minister Arun Shourie said today that the sale of residual shares in companies such as CMC, Indian Petrochemicals Corporation...
- Govt defers Hind Copper, SCI sale over legal tangles
The government has postponed plans to privatise SCI and HCL due to petitions in various courts opposing their sale, the disinvestment minis...
- Govt forced to defer SCI, HCL sell-off
Close on the heels of halting the disinvestment in oil PSUs, the sell-off process has suffered another setback with the government deciding...
- Naik turns down Shourie's plea for nodal agency status to SCI
Petroleum Minister Ram Naik is understood to have turned down Disinvestment Minister Arun Shourie's request for extending nodal agency stat...
- Roadblock: Ministry drops HPCL, BPCL from this year’s selloff list
The Disinvestment Ministry has dropped HPCL and BPCL from a list of around 16 disinvestment transactions it hopes to complete this year.
- Ministry opposes shipyard sell-offs
The shipping ministry has decided to oppose privatisation of the two shipyards, Hindustan Shipyard and Cochin Shipyard, even as it continue...
- Govt committed to SCI sale: minister
Union Shipping Minister Ved Prakash Goyal said on Friday the government was committed to privatisation of state-run Shipping Corp of India ...
- SCI privatisation in 4 months
The government is likely to invite price bids for selling its 51 per cent stake in the Shipping Corporation of India in August and the enti...