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Employee unions, political parties protest RINL privatisation

Employee unions, political parties protest RINL privatisation Hundreds of employees of Visakhapatnam Steel Plant took out a protest rally demanding the Centre withdraw its proposal and save the steel plant PTI | February 5, 2021 | Updated 17:47 IST Representational Image Hundreds of employees of Visakhapatnam Steel Plant on Friday took out a protest rally against the proposed divestment of Rashtriya Ispat Nigam Limited (RINL), the corporate entity of the steel- maker. The parties, including the ruling YSR Congress, supported the agitation. The protestors demanded that the Centre withdraw its proposal and save the steel plant as it is one of the biggest and profitable public sector undertakings in the state.

Почти 24 тыс разрешений на деятельность получили московские такси в 2020 году

Почти 24 тыс разрешений на деятельность получили московские такси в 2020 году
mskagency.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mskagency.ru Daily Mail and Mail on Sunday newspapers.

Cabinet gives in-principle approval to privatise Rashtriya Ispat Nigam

The Cabinet Committee on Economic Affairs has given in-principle approval to privatise Rashtriya Ispat Nigam Ltd. The government currently holds 100 per cent stake in the maker of crude steel. The PSU, that is a corporate entity of Visakhapatnam Steel Plant, comes under Ministry of Steel. CCEA, in its meeting on January 27, approved strategic divestment of government’s 100 per cent shareholding in the company along with management control, DIPAM Secretary tweeted. Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news,

Cabinet clears privatisation of Rashtriya Ispat Nigam - The Hindu BusinessLine

Cabinet clears privatisation of Rashtriya Ispat Nigam February 02, 2021 × The Cabinet has approved privatisation of steel-maker Rashtriya Ispat Nigam Ltd (RINL), the ‘navratna’ PSU which runs the 7.3 million tonne (mt) capacity Visakhapatnam Steel Plant. The government currently holds 100 per cent stake in the company that makes long products used in construction. “While approving the strategic disinvestment of RINL a few days ago, the Cabinet delegated powers to the Alternative Mechanism headed by the Finance Minister to decide whether the subsidiaries of RINL will be part of the transaction, depending on the feedback from potential investors,” a government official briefed on the Cabinet decision said.

Steel cos engage with vaccine makers to move bulk supply for employees

Leading steel-producing companies in the country are drawing up plans to vaccinate their employees across offices and plant sites with the start of the nationwide COVID-19 vaccination drive. Domestic steel makers like Tata Steel, ArcelorMittal Nippon Steel India (AMNS India) and Rashtriya Ispat Nigam Ltd (RINL) said they will continue to support the government in the nationwide drive and will wait till vaccines are available for corporates. Meanwhile, players like JSW Steel and Jindal Steel and Power Limited (JSPL) are already in talks with Indian vaccine makers to place orders according to their requirements. JSPL Chief Human Resource Officer said we are reaching out to vaccine manufacturers for bulk supply of doses and will try to get these doses after completion of all frontline COVID warriors vaccination.

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