railway-news
Divestment in railway public sector undertakings not in near future
NEW DELHI .Divestment in railway public sector undertakings (PSUs) is not likely in the near future. According to sources, future divestments on railway subsidiaries will depend on a decision by the Union Cabinet on the plan to set up a holding company for all central public sector enterprises under the Suresh Prabhu-led ministry.
The Cabinet is likely to take a call on this decision by the end of this month. According to sources, the earlier plan for a strategic sale in Container Corporation of India (Concor).
Read Also : Coal India Organises Training programme for capacity building
News Must Read
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24