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GOVT SCRAP SALE
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanksIDBI Bank has responded to media speculation regarding the government's proposed majority stake sale. The bank stated it cannot confirm or ...- GeM facilitates Rs 2,200 cr asset disposal for govt entities in 4 yearsA forward auction is a digital bidding process through which government departments sell assets such as scrap, e-waste, old vehicles, machi...
- GST discounts for customers: Govt issues key new directive to sellersThe government has directed major retail chains to prominently display GST-related discounts on receipts and through advertising, ensuring ...
- Industry smells a jackpot as India's truck fleet hits 10-yr highIndia's aging fleet of medium and heavy commercial vehicles is poised for a significant replacement surge, driven by trucks reaching a reco...
- Will Budget 2024 care to sell family silver as privatisation drive flops?The government is likely to miss its divestment targets for the fifth consecutive year, raising concerns about its privatisation plans. Dat...
- Govt scraps sale of Salem steel plant; third unit of SAIL whose privatisation put on holdThe government has scrapped the privatisation of SAIL's Salem Steel Plant (SSP) in Tamil Nadu. This is the third unit of public sector majo...
- 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...
- IATO hails govt decision to scrap TCS on sale of overseas tour packages to foreign tour operatorsIATO said a lot of foreigners book overseas tour packages for neighbouring countries like Bhutan, Nepal and Maldives through Indian tour op...
- Buy Ashok Leyland, target price Rs 137: GeojitAshok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 36738.12 Crore) operating in Auto sect...
- Govt invites bids from asset valuers for strategic sale of FSNL"The Department of Investment and Public Asset Management (DIPAM) requires the services of a reputed asset valuer entity — registered with ...
- French media portal claims new evidence of kickbacks in Rafale dealThe media portal has alleged that false invoices were used to enable Dassault Aviation to pay at least 7.5 million euros (around Rs 65 cror...
- Decoding the fine print of Nirmala Sitharaman's 'no harm' BudgetThe FM’s third Budget tackles the considerable wishlist of industries and consumers that were impaired by the Covid-19 pandemic, while ackn...
- Govt starts process for strategic sale of Ferro Scrap NigamThe government would appoint a transaction advisor from reputed consulting firms, investment bankers or financial institutions for providin...
- Need firm policy for scrapping old vehicles: JSW group chairman Sajjan JindalJindal said incentivisation for scrapping old vehicles can be one of the solutions.
- ETMarkets After Hours: Why Shankar Sharma is against privatisation; CLSA’s top pickFMCG firm Marico witnessed the biggest spurt in open interest at 19.43 per cent.
- Cash crunch likely to take turn for better, ATM withdrawal limit may be raised from Rs 2,500Bankers said the supply of Rs 500 notes would go up, but were unsure whether that would ease the current cash crunch significantly.
- Currency ban: I-T department alert against doubtful cash, bullionThey said the I-T department is "working" on reports of some heavy sale made in the bullion market in western states last night.
- Markets close at record high; Nifty ends above 8,000 levels for first timeSentiments turned bullish as foreign capital inflows picked up after economic growth improved to two-and-half year high of 5.7%, brokers sa...
- 2G licence cancellation to hit less than 5% users: JS Sarma, Chairman, TRAIThe affected subscribers can be transferred to other mobile operators, JS Sarma, chairman of the TRAI, told after the court ruling.
- First case of sell-off reversal?The spat between the government and Zuari Maroc Phosphate Pvt Ltd (ZMPPL) - which bought a 74% stake in Paradeep Phosphates Ltd in February...
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