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Rashtriya Ispat Nigam Limited And Shipping Corporation

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  News for Rashtriya Ispat Nigam Limited And Shipping Corporation

  • Business

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......

Govt ups disinvestment target to Rs 40,000 cr

 The government has upped the revenue target from sale of government equity in PSUs to Rs. 40,000 crore (Rs. 400 billion) in 2011-12 from Rs. 22,144 crore (Rs. 221.44 billion) raised during the......

Govt clears PowerGrid FPO; to divest 10% stake

 The government on Thursday approved disinvestment in transmission firm PowerGrid Corporation through a follow-on public offer to raise about Rs 8,400 crore (Rs 84 billion). The Cabinet Committee on......
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