Pandey said, "We have to do it through a two-stage bidding process, where in the first stage we bring Expression of Interest (EoI) and thereafter they are taken to due diligence. You have to negotiate the share purchase agreements, and then go for financial bidding. Before that, there could
According to a press release issued by the Ministry of Privatisation on Sunday, the restructuring scheme was approved on May 3 for the transfer of non-core assets and liabilities of PIA to PIA Holding Company Limited.
Mumbai (Maharashtra) [India], August 31 (ANI): Larsen & Toubro has concluded the divestment of its 100 per cent stake in 99 megawatt hydroelectric power plant at Singoli-Bhatwari in Uttarakhand.
Mumbai (Maharashtra) [India], August 11 (ANI): Larsen & Toubro on Wednesday announced divestment of 100 per cent stake in 99 megawatt run-of-the-river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower Ltd (LTUHPL) to Renew Power Services Pvt Ltd.
Mumbai (Maharashtra) [India], May 7 (ANI): Government-owned Indian Overseas Bank has identified 32 assets for sale, including prime properties in Singapore and Hong Kong, to raise about Rs 900 crore in the current financial year 2019-20.
Mumbai (Maharashtra) [India], Feb 13 (ANI): Diversified engineering major Kirloskar Electric on Wednesday reported a loss of Rs 20.51 crore in the quarter ended December 2018 while the revenue from operations dropped to Rs 61.29 crore.