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Neelachal Ispat Nigam

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  • Business

Centre to relax lock-in period for sale of Neelachal Ispat

 The Centre has conceded most of the demands of potential buyers of Neelachal Ispat Nigam Ltd (NINL). These include lowering the lock-in period for sale of assets to one year and allowing the new......

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

 With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

Tata Steel to bid for iron ore mines ahead of expiry of leases in 2030

 Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. Photograph:......

Big private investment in infra would be guided by Gati Shakti: Sitharaman

 Big private investment in infrastructure would be guided by Gati Shakti, Finance Minister Nirmala Sitharaman said on Tuesday. Illustration: Dominic Xavier/Rediff.com While presenting the Budget......

Loss-making PSUs more attractive for buyers after I-T tweak

 Investor must retain at least 51% stake to take the benefit. Illustration: Uttam Ghosh/Rediff.com The government has tweaked the income tax laws to make it easier for the new owners of loss-making......

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