Wednesday, 4 December 2013

Cabinet determined to clear divestment roadblocks for BHEL and Coal India

New Delhi: Prime Minister Manmohan Singh has asked nodal ministers of BHEL & CIL (Bharat Heavy Electricals Limited and Coal India Limited) to prepare a divestment plan for the public sector undertakings (PSUs), confirmed Finance Minister P Chidambaram.
http://daily.bhaskar.com/article/MON-cabinet-determined-to-clear-divestment-roadblocks-for-bhel-and-coal-india-4452781-NOR.html      


















The government is determined on raising funds through the stake sale of the two state-owned companies and dividend payment to the government. The dignitaries present were told by nodal officers and unions that the market conditions are not favourable to carryout disinvestment plan in BHEL.Read more
 

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