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DISINVESTMENT OF RINL
Over 1,000 RINL employees opt for VRS: MoS Steel Bhupathiraju Srinivasa VarmaOver 1,000 employees of the disinvestment-bound steelmaker RINL have applied for a voluntary retirement scheme (VRS). The VRS benefits alig...
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...
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...
RINL IPO unlikely to hit markets this fiscalRINL Rs 2,500-cr IPO is unlikely to hit the market in current fiscal as it has to start the process anew following expiry of the offer docu...
RINL IPO to kickstart PSU disinvestment process this monthThe government today said it will kickstart its ambitious Rs 30,000 crore disinvestment programme with stake sale in RINL this month.
- RINL issue to hit market on October 16, remain open for 3 days
The Rs 2,500-crore initial public issue of the state-run Rashtriya Ispat Nigam (RINL) is likely to hit the market on October 16 and will re...
- Govt starts 10 pc stake sale process in NALCO
The government has initiated the process of 10 per cent stake sale in National Aluminium Company Ltd (NALCO) which may fetch the exchequer ...
- RINL IPO deferred by three weeks on volatile market conditions
Merchant bankers for the IPO think an early July launch may not yield the desired results. All roadshows have also been deferred.
- RINL IPO likely to be launched on July 3
"RINL IPO is expected to be launched in the first week of July, most likely it will open on July 3 and close on July 6," a source in the kn...
- RINL to file draft prospectus for IPO shortly
State-owned Rashtriya Ispat Nigam has already initiated the IPO process and has appointed four merchant bankers to manage the issue.
- Government approves 10 pc disinvestment in RINL, may get Rs 2,500 crore
The government has approved disinvestment of 10 per cent of its stake in Rashtriya Ispat Nigam Ltd (RINL) through an initial public offer.
- Finmin asks Steel Min to carry out RINL divestment in 2 yrs
Taking forward the drive to sell stake in state-owned firms, the Finance Ministry has asked the Ministry of Steel to divest about 10 per ce...
- Steel to join selloff list, RINL may divest 10%
The disinvestment programme of the government may soon bring into its fold the country’s growing steel sector.
- Steel to join selloff list; RINL may divest 10%
The government is considering a proposal to offload 10% of its equity in profit-making Rashtriya Ispat Nigam (RINL) in the market.