Disinvestment of 10 percent paid up equity capital of Indian Oil Corporation Limited

The Cabinet Committee on Economic Affairs, in accordance with the Government of India`s disinvestment policy, has approved the disinvestment of 10 percent paid-up equity in the Indian Oil Corporation Limited (IOCL), out of its equity capital holding of 78.92 percent. The disinvestment will be through Offer for Sale (OFS) method in the domestic market according… Read More

Tags: DisinvestmentEquity (finance)Government of IndiaIndiaIndian Oil CorporationIOCLNavratnaSecurities & Exchange Board of India

Disinvestment of 5 percent paid up equity in Neyveli Lignite Corporation Ltd.

The Cabinet Committee on Economic Affairs today approved the disinvestment of 5 percent equity of Neyveli Lignite Corporation (NLC), out of its holding of 93.56 percent through an Offer For Sale (OFS) in the domestic market according to Securities and Exchange Board of India (SEBI) rules and regulations. The authorized capital of NLC is Rs. 2,000… Read More

Tags: Coal MinistryIndiaNavratnaNeyveli Lignite CorporationNLCPublic sectorSecurities and Exchange Board of IndiaTamil Nadu

Issue of Filling of OBC Vacancies in Central Public Sector Enterprises

Shri Praful Patel, Minister of Heavy Industries & Public Enterprises, has asked his Ministry™s Department of Public Enterprises (DPE) to look into the issue of including a parameter in the MoU mechanism wherein each Central Public Sector Enterprise (CPSE) will be required to state as to how much reservation it has provided to the OBCs. Acceding… Read More

Tags: ChauhanGovernmentGovernment-owned corporationIndiaMemorandum of understandingNavratnaPraful PatelShri Praful Patel

President Speak :: CPSEs have potential for Investments for capacity Expansion and Strategic Assets Creation

Central Public Sector Enterprises have the Potential to make Investments for capacity Expansion and Strategic Assets Creation PRANAB MUKHERJEE The President Confers the SCOPE Meritorious Awards on the Public Sector Day Shri Pranab Mukherjee, President of India, presented the SCOPE Meritorious Awards in Specialized Fields to the Central Public Sector Enterprises (CPSEs) here today on… Read More

Tags: Department of Public EnterprisesGovernment of IndiaIndiaInternational Coal Ventures Private LimitedNavratnaPraful PatelPublic sectorShri Praful Patel

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