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Govt receives multiple bids for HLL Lifecare privatisation

HLL, a CPSE under the ministry of health and family welfare, is involved in the manufacturing and marketing of a range of contraceptives, women s healthcare products, hospital supplies as well as other pharmaceutical products ....

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Centre extends HLL Lifecare bid submission deadline till March 14

The Department of Investment and Public Asset Management had initially on December 14 invited preliminary bids for selling the government's 100 per cent stake in the health sector CPSE. ....

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Govt Invites Expression Of Interest For Strategic Disinvestment Of HLL Lifecare Limited

Govt Invites Expression Of Interest For Strategic Disinvestment Of HLL Lifecare Limited
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HLL Lifecare: A condom manufacturer may have the answer India is looking for in its Covid fight


A condom manufacturer may have the answer India is looking for in its Covid fight
Pharma sector experts say the government may not divest HLL Lifecare hastily, as the company has become extremely handy for the health ministry to be used as a procurement and distribution agency during the pandemic.
Synopsis
Government-owned HLL LifeCare, the official nodal agency for procuring Covid-related supplies as well as the company that sells Moods condoms, has been trying and failing to find private vaccine manufacturers interested in running its Chengalpattu-based vaccine plant.
Hard to believe but bang in the middle of a vaccine shortage, there’s a vaccine manufacturing/packaging facility lying unused. ....

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