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CEL BIDDING
Marushika Technology shares list at 3% premium over IPO price on NSE SME platformMarushika Technology listed at a mild premium on its market debut, matching grey market signals of a cautious start. The SME IPO, a fully f...- 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 looking to step up disinvestment processThe Centre expects the IDBI divestment to spill over into the next fiscal year, as the process includes a 'fit and proper' check and securi...
- Centre terminates Central Electronics divestment processIn November last year, the government approved the sale of CEL - a public sector enterprise under the Department of Scientific and Industri...
- 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...
- Tech, managerial experience not relevant criteria for bidder selection: FinMin on CEL saleIn a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said some allegations have been received from a CEL employ...
- Government puts brakes on CEL privatisation after employees union approaches courtAllegations of under-valuation in the Rs 210 crore highest bid made by the city-based Nandal Finance & Leasing are being examined, said Tuh...
- CEL selloff put on hold over employees' allegationsThe government had approved the sale of CEL for ₹210 crore in November last year. The transaction was scheduled to be completed by March 20...
- Why was a profit-making PSU handed over to a company with less than 10 staff and no domain experience, asks CongressThe party alleged that not only was the profit-making PSU, founded in 1974 with expertise to commercially exploit indigenous technologies d...
- Govt sells Central Electronics to Nandal Finance and Leasing for Rs 210 crThe Alternative Mechanism (AM) on strategic disinvestment comprises Road Transport Minister Nitin Gadkari, Finance Minister Nirmala Sithara...
- Govt receives financial bids for stake in Central ElectronicsThe government will sell its full stake in the firm along with management control in CEL which is a pioneer in the country in the field of ...
- Tenders floated for setting up solar panels on Tamil Nadu government buildingsMore than 1.6MW capacity rooftop solar panels are to be installed atop government buildings in the state
- Government invites bids for outright sale of CELThe department of Investment and Public Asset Management (DIPAM) has invited Expression of Interest (EoI) from interested bidders having mi...
- 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).
- Reuters Sports Schedule at 1400 GMT on Sunday, May 21SPORTS-NEWS-SCHEDULE AT 1400 GMT/:Reuters Sports Schedule at 1400 GMT on Sunday, May 21
- Reuters Sports Schedule at 0600 GMT on Sunday, May 21SPORTS-NEWS-SCHEDULE AT 0600 GMT/:Reuters Sports Schedule at 0600 GMT on Sunday, May 21
- DoCoMo, France Tele in last lap for Tata Tele pieTata Group is close to diluting its stake for around Rs 5,000 crore in telecom operator Tata Teleservices.
- CCEA okays OVL plan to buy oil asset in ColumbiaCCEA on Thursday approved a proposal from Software Development Systems of Cayman Islands to invest $515m in Flextronics Software Systems by...
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