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Salem Steel Plant

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Divestment push may boost PSU m-cap from all-time low currently

The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's......

Centre's divestment plan: A stress test for zombie steel plants

With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary......

The turnaround story of India's largest steel maker

The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing chairman of the country's largest steel maker. The......

20 central PSUs in pipeline for sale, 6 for shutdown

As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of......

Govt hopes to sell Air India, lease Ashok hotel next fiscal

‘The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,’ said an official. ‘The......

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