Finance Ministry has sought certain clarifications on the proposed disinvestment in Coal India, and has asked the Coal Ministry to submit a revised proposal on it. "The Department of Disinvestment of the Finance Ministry has sent back the CIL disinvestment proposal to the coal ministry and has asked them whether it wants to sell its stake or company wants to issue fresh equity," a person in the know...
|
The Steel Ministry today said it will stick to its earlier proposal of divesting up to 10 per cent of the government's equity in iron ore miner NMDC even as the finance ministry has proposed 15 per cent sale of Centre's holding in the navratna company."We have reacted to the final proposal (from the Department of Disinvestment under the Finance Ministry). We have sent a proposal. We are sticking to...
|
Finance Ministry has asked the Steel Ministry to give by November 5 its views on the proposed 15 per cent disinvestment in mining PSU NMDC, that could fetch the government over Rs 18,000 crore. "Department of Disinvestment has recommended 15 per cent disinvestment in NMDC and sought Steel Ministry's response on it by November 5. If the steel ministry does not respond by then, it will be construed that...
|
NEW DELHI: The finance ministry has asked the steel ministry to give by November 5 its views on the proposed 15% disinvestment in mining PSU NMDC, which could fetch the government over Rs 18,000 crore. “The department of disinvestment has recommended 15% disinvestment in NMDC and sought the steel ministry’s response on it by November 5. If the steel ministry does not respond by then, it will be construed...
|
Monday said it will raise around Rs 30,000 crore through the disinvestment of stakes in navratna public sector undertakings Steel Authority of India Ltd (SAIL) and National Mineral Development Corporation (NMDC).Steel minister Virbhadra Singh said that the divestment proposals would be put before the cabinet for approval by the end of December and the sale process should be completed by the end of...
|
Finance Ministry has soughtcertain clarifications on the proposed disinvestment in CoalIndia, and has asked the Coal Ministry to submit a revisedproposal on it."The Department of Disinvestment of the Finance Ministryhas sent back the CIL disinvestment proposal to the coalministry and has asked them whether it wants to sell its stakeor company wants to issue fresh equity," a person in the knowof the...
|
The Finance Ministry has sought certain clarifications on the proposed disinvestment in Coal India, and has asked the Coal Ministry to submit a revised proposal on it."The Department of Disinvestment of the Finance Ministry has sent back the CIL disinvestment proposal to the coal ministry and has asked them whether it wants to sell its stake or company wants to issue fresh equity," a person in the...
|
country’s largest coal miner, Coal India Ltd (CIL), is likely to appoint a merchant banker soon to advise it on the proposed disinvestment in the company.The government may offload a maximum of 10 per cent of its stake in the state-run firm. Currently, its holdings in CIL stands at 100 per cent.“Coal India may appoint a merchant banker soon to advise it on the proposed disinvestment,” a top coal ministry...
|
The country's largest coal miner, Coal India (CIL), is likely to appoint a merchant banker soon to advise it on the proposed disinvestment in the company.The government may offload a maximum of 10 per cent of its stake in the state-run firm. Currently, its holdings in CIL stands at 100 per cent."CIL may appoint a merchant banker soon to advise it on the proposed disinvestment," a top coal ministry...
|
|
|
