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SCI DISINVESTMENT
Shipping Corporation of India, NMDC Steel selloff to get fresh push after electionsThe government plans to disinvest in Shipping Corporation of India (SCI) and NMDC Steel after the general election. SCILAL, a demerged enti...- Govt moves closer to Shipping Corp sell-off; no stamp duty on unit demergerAcceding to the Centre’s request, the Maharashtra government has waived off stamp duty pertaining to the demerger of SCILAL, created by hiv...
- Financial bids for Shipping Corporation of India soon; land and assets unit likely to be listed in a monthThe government intends to invite financial bids for its entire 63.75% stake in Shipping Corporation of India (SCI) soon after the demerged ...
- SCI Divestment: Govt may invite bids by end of May; stock zooms 10% intradayIndia's Shipping Corporation of India (SCI) disinvestment process is likely to be expedited, with the government expecting to list the asse...
- Shipping Corp Q2 net drops 49 pc to Rs 124 crSCI said the shareholders of the company have approved dividend of Rs 0.33 per equity share of face value Rs 10 each.It said the proposed s...
- Govt to offload 10% stake in SCI, co to raise 10% fresh equityThe government today approved selling its 10 per cent stake in SCI and allowed the company to issue fresh equity to the tune of 10 per cent...
- 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.
- Govt may go for partial divestment, raise fresh equity in SCIThe government today said it may go for partial disinvestment as well as raise fresh equity in the Shipping Corporation of India (SCI).
- Sale of residual shares in CMC, IPCL on: ShourieDisinvestment minister Arun Shourie said today that the sale of residual shares in companies such as CMC, Indian Petrochemicals Corporation...
- Govt forced to defer SCI, HCL sell-offClose on the heels of halting the disinvestment in oil PSUs, the sell-off process has suffered another setback with the government deciding...
- IMG on SCI disinvestment on Apr 29The Inter-Ministrial Group of disinvestment of Shipping Corporation of India is likely to meet on April 29 to finalise the sell-off details.
- CCD likely to relax norms for SCI's divestmentThe Cabinet Committee on Disinvestment will meet on Tuesday to discuss relaxation of bidding norms for Shipping Corporation of India (SCI),...
- CCD likely to consider SCI rebidWith a view to attract foreign shipping majors in disinvestment of the Shipping Corporation of India, Government is likely to consider on r...
- CCD meet today to review SCI divestmentThe disinvestment of Shipping Corporation of India (SCI) is set to gather steam soon with the government scheduling a meeting of the Cabine...
- Naik turns down Shourie's plea for nodal agency status to SCIPetroleum Minister Ram Naik is understood to have turned down Disinvestment Minister Arun Shourie's request for extending nodal agency stat...
- 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...
- Ministry opposes shipyard sell-offsThe shipping ministry has decided to oppose privatisation of the two shipyards, Hindustan Shipyard and Cochin Shipyard, even as it continue...
- Higher foreign stake in SCI to win back biddersThe Disinvestment Ministry, in a reversal of its earlier stance, may allow higher foreign investment in Shipping Corporation of India (SCI)...
- Foreign SCI bidders can buy 45% via open offerThere is a loophole in the guidelines issued for disinvestment in the Shipping Corporation of India which seeks to limit foreign ownership ...
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