PSU IN MEDIA
Strategic sale of NMDC SAIL units on cards
New Delhi . The Union government has begun the process for strategic disinvestment in assets of public sector undertakings, including three units of Steel Authority of India (SAIL), one of National Minerals Development Corporation (NMDC) and Ferro Scrap Nigam Ltd (FSNL). Besides listing of MSTC, an undertaking under the ministry of steel that conducts a variety of auctions, is on the cards.
FSNL is a subsidiary of MSTC. Officials said transaction advisers were being appointed for the sales, which were likely to materialise in 2017-18. For assets that did not operate as companies . Business-standard
Read Also : SCOPE promotes overall wellbeing with Health Talk cum Health Screening Camp
News Must Read
- Indian Bank Q4 results, net profit up by 6 percent on Quarter basis
- PSU Stocks tumbled amid RBI draft circular on lenders
- Paytm share price plunges 4% as president and COO Bhavesh Gupta resigns
- GAIL Global USA and Kinder Morgan Operating LLC signed MOU
- SJVN signs agreement with Tata Power RE for 460 MW Renewable Energy Project
- Keel Laying of the First Next Generation Offshore Patrol Vessel At Goa Shipyard Ltd
- REC Ltd received NOC to set up wholly owned subsidiary in Gift City, Gujarat
- Atanu Chakraborty Reappointed as part-time Chairman of HDFC Bank
- MRPL Q4 Results: Net profit slips 40%, Annual Gains Strong
- DMRC Celebrates 30th Foundation Day at Bharat Mandapam