Central Electronics Ltd News Today

Govt receives financial bids for stake in Central Electronics : Rashtra News After Air India, the stage is set for strategic sale of state-run Central Electronics Ltd (CEL). The government on Tuesday received financial bids for its stake in the entity. CEL is a pioneer in the country in the field of Solar Photovoltaic (SPV)

The latest review of the divestment process is spurred by the delay in privatisation bids as the strategic sale process remains time-consuming, and many factors - including market conditions and litigation resorted to by stakeholders - are beyond the governments control, said another official.

/PRNewswire/ -- Allied Market Research published a report, titled, "Track Digital Axle Counter Market by Type (Wayside Axle Counter, and On-rail Axle Counter),...

This is the fourth time since 2016 that the government has tried to sell Pawan Hans. The Cabinet Committee on Economic Affairs approved the strategic disinvestment of Pawan Hans in October 2016. As per the new public sector enterprises policy, the Centre can even look at closing down the company, should attempts to divest it fail.

'Of late, the policymakers have chosen to introduce high-speed passenger trains such as bullet trains and Vande Bharats, which in turn call for matching investments in the railway infrastructure. Unfortunately, the emphasis has not been matched by their focus on safety,' it said.

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Shravani Mela Before this, the hope of lighting the solar street lights installed on the road side between Jasidih-Deoghar main road has arisen. In this | BLiTZ

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The current year’s disinvestment proceeds have exceeded ₹31,000 crore but remain below the revised target of ₹50,000 crore.

The government has set a lower disinvestment target for FY24 at ₹51,000 crore as compared with the previous financial year, while also lowering the revised estimates from FY23 to ₹50,000 crore from the earlier target of ₹65,000 crore, according to the budget documents issued on Wednesday