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Piyush Goyal to chair meet to decide fate of 3 PSUsCommerce and industry minister, Piyush Goyal, will chair a meeting next week to discuss the closure of three state-owned companies: Metals ...- STC, MMTC & PEC to be denotified for exim transactionsThe three PSUs are under the administrative control of the commerce and industry ministry which was studying their work.
- Parliamentary panel asks FCI to recover Rs 105.40 crore pending dues from 3 PSUsThe committee said, "all out efforts be made to recover or settle the pending dues of Rs 105.40 crore from the concerned central public sta...
- MMTC revenue from exports jumps 384% in Apr-SeptRevenue in the first half of the fiscal was Rs 13,176 crore, compared with Rs 12,511 crore in the corresponding period last year.
- All options open for closure or merger of MMTC, STC, PEC: Piyush GoyalHe said gradually the purpose of these companies is getting eroded and they are no more canalising agencies.
- MMTC, STC plunge up to 20% as government plans to shut operationsThe government owns about 90 per cent stake in MMTC and STC.
- Government unlikely to move ahead on MMTC-STC mergerAs per the proposal, the merger of the two trading firms would result in synergy of operations, which somewhat overlap.
- STC-MMTC merger would be right step in face of global competition: Ved PrakashPooling of resources between STC and MMTC is very much needed, says the chairman and MD of MMTC
- STC, MMTC merger on cards: Commerce minister Suresh PrabhuA merger of state-run trading firms MMTC and STC is on the cards and the matter is under process, Commerce and Industry Minister Suresh Pra...
- MMTC climbs 10% on merger reportsAccording to the report, the government would bear the expenses for VRS.
- STC contracts to import 14 lakh tonnes urea at USD 214-217 per tonneThe country imports about 80 lakh tonnes of urea annually to meet the domestic demand. Indian Potash (IPL), MMTC and STC are the three auth...
- MMTC, STC gain as government approves Rs 113.40 crore reimbursementShares of MMTC and STC rose by up to 4 per cent as the government approved reimbursement to the state-owned firms for incurring losses on i...
- PSUs float global wheat export tenders for 1.95 lakh tonnesSTC is offering wheat from FCI stocks at Chennai port, MMTC from Pipavav port and PEC from Krishnapatnam port. The grain is of the current ...
- Disinvestment department floats cabinet note for stake sale in State Trading CorpThe department of disinvestment has floated a draft cabinet note for selling stake in State Trading Corp Ltd through the offer for sale
- Government panel okays wheat export of 70,000 tonnes from FCI stockAn empowered committee has cleared export of 70,000 tonnes of wheat from the government stock, for which bids were invited by state-run tra...
- Centre may cancel wheat tender bid as prices hit roofThe Centre is still to take a decision on importing more than three lakh tonnes of wheat on account of high price quoted by global trading ...
- Govt may cancel wheat tenderThe government is still to take a decision on importing more than three lakh tons of wheat on account of high price quoted by global tradin...
- MMTC to sell over 43,000 tons imported pulsesState-run trading firm MMTC has invited bids for selling 43,200 tons of imported pulses, a move seen as an effort to check the prices of th...
- STC, MMTC to sell 60,000 tons of imported matarOut of the total quantity of yellow peas to be sold by STC, 9,286.15 tons are of German origin and 13,433.01 tons are from France. MMTC wil...
- MMTC disinvestment after STC sell-offThe government is not likely to divest its stake in MMTC, until the privatisation of State Trading Corporation is completed.
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