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May 17, 2022
The government has put on hold the sale of Pawan Hans as it is legally examining an NCLT order against Almas Global, which is the biggest shareholder in the winning consortium, an official said on Monday.
May 16, 2022
The government has put on hold the sale of Pawan Hans as it is legally examining an NCLT order against Almas Global, which is the biggest shareholder in the winning consortium, an official said on Monday.
March 8, 2022
Nandal Finance and Leasing, the bidder at the centre of the storm, is owned by the promoters of Sharda University, who have had business dealings with the family of a BJP treasurer in Uttar Pradesh.
January 21, 2022
With just `Rs 9,329.9 crore mopped up against a disinvestment target of `Rs 1.75 lakh crore for FY22 and with just two months to go, the government’s ambitious attempt is likely to come a cropper. What could salvage the situation for now, and how can it execute better in future?
January 19, 2022
'It does not make sense to ignore the intrinsic value of the CEL’s assets, tangible and intangible, including its brand value built over four decades.'
January 17, 2022
Raising serious questions on the valuation of Life Insurance Corp of India (LIC) for its initial public offering (IPO), EAS Sarma, former secretary to the Indian government, has asked the ministry of finance (MoF) to put on hold the entire process of disinvestment of LIC and other central public sector enterprises (CPSEs).
January 16, 2022
CPI(M) Rajya Sabha MP John Brittas has written to Finance Minister Nirmala Sitharaman against the sale of Ghaziabad-based Central Electronics Ltd to a private firm with no domain experience at "throwaway prices". While Brittas has also written to Science and Technology Minister Jitendra Singh on the issue, another CPI(M) MP Dr S Sivadasan has demanded immediate intervention of
January 13, 2022
The Centre has approved the sale of 100% equity shareholding of the government in Central Electronics Ltd to Nandal Finance and Leasing for a paltry sum of Rs 210 crore.
January 13, 2022
Questions had been raised by the winning bidder Nandal Finance's financial track record and the alleged irregularities in its case before the National Company Law Tribunal.
December 19, 2021
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL)