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SHIPPING CORP DIVESTMENT
No major spark in divestment-bound PSU stocks ahead of Budget, 5-year history showsWhile IDBI Bank is in the process of divestment, with the government having already invited bids for strategic sale, the completion of the ...- 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...
- SCI shares rally over 8% on divestment hopes ahead of IMG meetSCI has submitted a new demerger plan to the Ministry of Corporate Affairs (MCA) and has excluded some of its assets from the proposed deme...
- 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...
- 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 Corp, BEML, BPCL among CPSEs to be privatised next fiscal year ; 3 IPOs lined upThe government will move ahead with strategic sale of Shipping Corporation, BEML and BPCL in the next financial year, besides initial publi...
- Shipping Corp Disinvestment: Former employee wants to make it a global LNG carrierThe shipping and oil-drilling company has submitted an expression of interest for the carrier. If it makes it to the subsequent stages it a...
- Foresight Group among multiple bidders for Shipping Corp privatisationDIPAM in December had invited expressions of interest (EoI) for strategic disinvestment of its entire stake of 63.75 per cent in Shipping C...
- Govt extends bid submission deadline for Shipping Corp to March 1The Department of Investment and Public Asset Management (DIPAM) in December had invited expressions of interest for strategic disinvestmen...
- Strategic divestment of CEL, SAIL units likely to conclude by FY21 endThe sale of stakes in Air India, Bharat Petroleum Corp., Shipping Corporation of India, BEML and Container Corp. of India, among others, wi...
- Govt invites preliminary bids to sell 63.75% stake in Shipping Corp of IndiaAt the current market price, the government's stake sale in Shipping Corp is valued at about Rs 2,500 crore.
- Shipping Corp up 3% on reports govt may invite bids for privatizing co this weekAt 10:04 am, Shipping Corp of India was up 2.97 per cent at Rs 85, while Sensex dropped 0.40 per cent to 45,371.43 points. The stock had sc...
- Govt may invite EoIs for Shipping Corp sale this weekThe government is planning to sell its entire 63.75 per cent stake in Shipping Corporation along with transfer of management control.
- Government may invite EoIs for Shipping Corporation of India sale this weekThe Department of Investment and Public Asset Management (DIPAM) is working towards concluding the sale in the current financial year as th...
- Support subsidy for ship building; no proposal for divesting stake in SCI and Dredging Corp: K Mohandas, Shipping SecretaryIn an Interview with ET Now, K Mohandas, Shipping Secretary, gives his views on shipping industry outlook, dredging policy, coastal policy ...
- Rs 8,000 cr Power Grid FPO hits markets todayThe offering is at a price band of Rs 85-90 per share, a discount of over 9% to the company’s current market price.
- Government considering disinvestment in MMTC, SCI and MOILThe government is considering to sell its stake in many companies including MMTC, Shipping Corporation and Manganese Ore India, through pub...
- Cabinet note on SCI divestment being preparedThe Shipping Ministry is preparing a Cabinet note on the proposed 10 per cent divestment in Shipping Corporation of India, but has still no...
- 10pc sale in Shipping Corp likely: ChairmanThe government may divest up to 10 per cent of its stake in Shipping Corporation of India.
- Lock-in snags hit Shipping Corp, EIL divestmentLeveraged buyout of PSUs such as Shipping Corporation of India and Engineers India remains a difficult proposition for the bidders, althoug...
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