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    • Heavy Industry Ministry scouts for asset valuer for EPIL

      Moving ahead with its proposal to disinvest Engineering Projects (India) Ltd through merger with a similarly placed CPSE, the government is roping in consultants to estimate the market value of assets of the PSU.

    • Govt wasting time on HZL, Balco stake sale: Anil Agarwal

      Finance ministry is very keen that the stake sale does indeed take place, mines ministry is still insisting that the Metal Corporation Act would have to be amended. Even in a cabinet note that it had prepared the mines ministry is sticking to its stance over there.

    • NMDC slips further as workers threaten to go on strike

      NMDC workers have threatened to strike against the government's move to disinvest another 10 percent stake, reports Business Line. At 09:29 hrs NMDC was quoting at Rs 181, down Rs 1.30, or 0.71%.

    • SAIL says no to fresh equity via FPO: Divestment Secy

      As the government grapples with a huge revenue gap, there seems to be some action on the disinvestment front. On one hand where CNBC-TV18 sources inform that the much delayed ONGC FPO might see the light of the day soon, the Divestment Secretary Haleem Khan said that the PSU steel major SAIL does not intend to raise any fresh equity via an FPO.

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