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Latest Articles in privatisation

Govt Names New Chairman Of Privatisation-Bound BPCL

The newly revamped Public Enterprise Selection Board (PESB) on Monday interviewed prospective candidates and selected Arun Kumar Singh for the position.

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NITI Aayog To Finalise Names Of 2 Public Sector Banks For Privatisation Soon

NITI Aayog has been entrusted with the task of selection of names of two public sector banks and one general insurance company for the privatisation as announced in the Budget 2021-22.

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Govt Gets Multiple EoIs For Privatisation Of NINL

NINL is a joint venture of MMTC, NMDC, BHEL, MECON and 2 Odisha government-owned undertakings — OMC and IPICOL.

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BPCL Sells 54.16% Stake In NRL To OIL; 4.4% To EIL

BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina.

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Progress On BPCL Privatisation Multiple Steps Remains: Fitch

The government is selling its entire 53.98 per cent stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL). Three firms, including Vedanta Ltd, have evinced interest in buying the stake.

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Banks Unions Call For Two-Day Strike Against Proposed Privatisation Of PSBs

The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the last four years.

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Privatisation Goal: Optimise Impact, Not Revenue

The public sector suffers structural frailty. The ‘owner’ i.e. the government neither has the expertise nor the motivation to run business.

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Bombay High Court Suspends Tender Process For Privatising Discom In UT: Torrent Power

The discom of the UT has annual revenues of about Rs 4,500 crore on sale of around 9,000 million units of electricity every year to 1.5 lakh consumers covering geographical area of 603 square kilometres.

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BPCL Stocks Soar Over 6 % After Board Approves Stake Sale In Numaligarh Refinery

A consortium of Oil India Ltd, Engineers India Ltd, and the government of Assam expressed interest in buying the stake and the BPCL board on Monday approved the sale.

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Rahul Gandhi repeats 'Hum do Hamare do' dig against Centre

Rahul Gandhi repeats 'Hum do Hamare do' dig against Centre

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CPI urges PM Modi to withdraw 'disastrous' privatisation of Visakhapatnam Steel Plant

CPI urges PM Modi to withdraw 'disastrous' privatisation of Visakhapatnam Steel Plant

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India Shortlists Four Banks For Potential Privatisation

The government is considering mid-sized to small banks for its first round of privatisation to test the waters. In the coming years it could also look at some of the country's bigger banks

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Around 10 airports to be privatised in third round of privatisation: Govt

Around 10 airports to be privatised in third round of privatisation: Govt

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LIC employees protest against Centre's disinvestment proposal

During the Union Budget on Monday, Finance Minister Nirmala Sitharaman said that the initial public offering of LIC will be brought in through requisite amendments in the session itself.

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Urdu Bulletin: Union Budget, reactions dominate page one

Urdu Bulletin: Union Budget, reactions dominate page one

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