The yet-to-be-named firm will be jointly owned by state-run companies in the oil, gas and fertiliser industries, which would provide it with business, along with the state-run Shipping Corp of India and foreign companies India plans to set up a new shipping company to expand its fleet by at least 1,000 ships in the next decade, as Asia’s third-largest economy …
The government has budgeted to garner Rs 65,000 crore from Central Public Sector Enterprise disinvestment in the ongoing 2022-23 fiscal New Delhi: The government is likely to invite financial bids for privatisation of state-owned Shipping Corporation of India in the March quarter, an official said. In May, the board of Shipping Corp had approved an updated demerger scheme for hiving …
The initial public offering of India’s largest insurance company LIC is likely after October this year, a top official said on Tuesday laying out the government’s divestment calendar that includes completing the sale of flag carrier Air India and oil firm BPCL within the first half of the next fiscal. Targeting to raise Rs 1.75 lakh crore from the asset …
The initial public offering of India's largest insurance company LIC is likely after October this year, a top official said on Tuesday laying out the government's divestment calendar that includes completing the sale of flag carrier Air India and oil firm BPCL within the first half of the next fiscal. Targeting to raise ₹1.75 lakh crore from the asset sale …