Search For "transfer of management control"
Japanese firm Konoike Transport will be strategic buyer for disinvestment
Updated : 1 year, 8 months ago IST
An empowered committee led by Union ministers Nitin Gadkari, Nirmala Sitharaman, and HD Kumaraswamy approved the highest bid amounting to Rs 320 crore of Japanese firm Konoike Transport Co Ltd for sale of 100 per cent equity shareholding of MSTC Ltd in Ferro Scrap Nigam Limited (FSNL), along
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Star9 Mobility to be new owner of Pawan Hans
Updated : 4 years, 1 month ago IST
New Delhi [India], April 29 (ANI): The Union Ministry of Finance on Friday said a ministerial panel empowered by the Cabinet Committee on Economic Affairs has approved the sale of the government's stake and transfer of management control of Pawan Hans Limited to Star9 Mobility Private Ltd.
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Cabinet approves strategic disinvestment in IDBI Bank
Updated : 5 years, 1 month ago IST
New Delhi [India], May 5 (ANI): The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.
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Govt opens bids to sell majority stake in Shipping Corporation
Updated : 5 years, 5 months ago IST
New Delhi [India], December 22 (ANI): The government on Tuesday invited bids to sell its entire 63.75 per cent stake in Shipping Corporation of India (SCI) to a private investor.
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Cabinet gives 'In Principle' approval to PFC takeover of REC
Updated : 7 years, 6 months ago IST
New Delhi [India], Dec 7 (ANI): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its 'In Principle' approval the for strategic sale of the Centre's existing 52.63 per cent of total paid up equity shareholding in Rural Electrification Corporation (
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Govt. gives approval for Air India strategic disinvestment, appoints EY as
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 28 (ANI): The government of India on Wednesday appointed Ernst & Young LLP India (EY) as its transaction advisor for advising and managing the proposed strategic disinvestment of national carrier, Air India (AI) by way of transfer of management control and sale of 76 p
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