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DIPAM Secretary Tuhin Kanta Pandey says the strategic sale of Concor will not take place this year as the railway land usage policy is yet to be finalised.
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MUMBAI: India’s move to privatise flag carrier Air India Ltd (pic) in its first big-ticket sale in almost two decades promises to further boost the appeal of the nation’s booming equity market just when China is intensifying its crackdown on private firms.
Stressing that privatisation of Air India, BPCL, Shipping Corp of India, Pawan Hans, BEML and Neelachal Ispat Nigam Ltd would be completed this year, Pandey said change of ownership and control would give a lot of fillip to the valuations of the stock market listed companies
Editorâs note: In this column, former journalist Bob Robinson remembers a trip behind the Iron Curtain to the Soviet Union. Bob Robinson It was a cold and rainy evening at LaGuardia Airport in New York City when we boarded the overnight TWA flight to Brussels, Belgium and then on to Moscow. I was the youngest of 25 Tennesseans traveling to the Soviet Union as part of President Dwight Eisenhowerâs People to People Goodwill trip. It was an agriculture mission led by the director of the Tennessee Dairy Association. Most in the group were state legislators, including my dad, Sen. Herman...