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Latest Articles in privatisation

Govt Not Planning To Introduce Bill To Facilitate Privatisation Of Banks In Monsoon Session: Minister

The government is not planning to introduce any bill to make amendments to facilitate the privatisation of public sector banks in the ongoing monsoon session, Parliament was informed on Tuesday

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Adani Ports Wins Bid To Privatise Israel’s Haifa Port

Gadot and Adani made it to the end of a two-year tender process that Israel hopes will lower import prices and help shorten notoriously long wait times at Israeli harbors

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These 2 Banks To Be Privatised Soon, Names Shortlisted

The government is set to remove the 20 per cent cap on foreign ownership in PSU banks (PSBs) by amending the Banking Regulation Act

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No Plan To Privatise Railways, Need To Accept Latest Tech: Ashwini Vaishnaw

"There's no affinity for privatisation of railways but technology should be imbued," Vaishnaw said and added Prime Minister Narendra Modi had already said the Central government has no intention to privatise the railways

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Finance Ministry Invites Bids For FSNL Privatisation

Incorporated in 1979, FSNL is a subsidiary of MSTC, which comes under the steel ministry. The company is a pioneer in metal scrap recovery and slag handling in India

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The Privatisation Puzzle

Privatised PSUs will be accountable to public shareholders. Their management will be scrutinised. Unlisted PSUs are often warrens of corruption and inefficiency

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CEL Privatisation Hits A Roadblock

The government had in November approved the sale of CEL, under the Department of Scientific and Industrial Research (DSIR), to Nandal Finance & Leasing for Rs 210 crore. The transaction was scheduled to be completed by March 2022.

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Cabinet Committee On Privatisation Yet To Take Decision On Two Banks: FM Sitharaman

The government has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions, including two PSBs and one insurance company, during the current financial year.

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Can't Talk Of AI Bid; Its Brand Will Be Restored To Previous Glory After Privatisation: Spicejet CMD

The government is seeking to sell 100 per cent of its stake in the state-owned national airline, including Air India''s 100 per cent shareholding in Air India Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd.

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Vedanta Eyes Buying Govt Stake In Hindustan Copper

Talking about the progress with regard to Konkola Copper Mines in Zambia, he said the government of this African country is in the process of working with the company on the matter.

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BPCL To Invest Rs 1 Lakh Cr To Become Future-Ready

India's second-largest fuel retailer is looking to create a 1,000 MW portfolio of renewable power generation capacity, mostly through acquisitions while also invest in biofuels and hydrogen, he told reporters.

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Global Oil Majors May Be Joining Race For BPCL

The bidding process allows for other interested parties to join and form a consortium with any one of the bidders which had submitted an expression of interest (EoI).

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Global Oil Majors May Be Joining Race For BPCL: Document

The bidding process allows for other interested parties to join and form a consortium with any one of the bidders which had submitted an expression of interest (EoI).

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