Tuesday, July 29, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Manufacturing

Divestment estimated at Rs.72,500 crore

Fiinews by Fiinews
January 4, 2018
in Manufacturing, Projects, Technology
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

BEML divestment deferred

 

The government has given Budget Estimate (BE) for disinvestment during the year 2017-18 as Rs.72,500 crore.

This comprised Rs.46,500 Crore from disinvestment of Central Public Sector Enterprises (CPSEs) and Rs.15,000 Crore from Strategic Disinvestment as well as Rs.11,000 Crore from listing of Insurance Companies, parliament was told on 3 Jan 2018.

CPSE-wise target has been fixed. The CPSEs which have been given ‘in-principle’ approval for strategic disinvestment by the Government are:

Scooters India Ltd.
Bridge & Roof India Ltd.
Project & Development India Ltd.
Pawan Hans Ltd.
Bharat Pumps Compressors Ltd.
Central Electronics Ltd.
Hindustan Prefab Ltd.
Bharat Earth Movers Ltd.
Hindustan Newsprint Ltd. (subsidiary)
Ferro Scrap Nigam Ltd. (subsidiary)
Hindustan Fluorocarbon Ltd. (subsidiary)
Cement Corporation of India Ltd.
Nagarnar Steel Plant of NMDC.
Bhadrawati, Salem and Durgapur units of SAIL.
HSCC (India) Ltd.
National Projects Construction Corporation (NPCC).
Engineering Projects (India) Ltd.
Air India.
Dredging Corporation of India Ltd.
HLLLifecare Ltd.
Indian Medicines & Pharmaceutical Corporation Ltd.
Karnataka Antibiotics and Pharmaceuticals Ltd.
Hindustan Petroleum Corporation Ltd.
Units/JVs of ITDC.

Government has deferred the strategic disinvestment of BEML Ltd to undertake further diligence exercise on various aspects as considered necessary, said Minister of State for Defence Dr. Subhash Bhamrein a written reply to Lok Sabha (parliament) on 3 Jan 2018. Fii-news.com

Tags: Ministry of Defence
ShareTweetShare

Related Posts

LTTS
Projects

Project: LTTS wins $60m telecom contract

by Fiinews
July 29, 2025
0
18

Chadha leverages Smart World connectivity solutions L&T Technology Services Limited (BSE: 540115, NSE: LTTS) says its Tech segment will deliver...

PHDCCI
Projects

Project: India needs financially aware society

by Fiinews
July 29, 2025
0
12

Dr Singh calls for 50% women participation in workforce India urgently needs to integrate financial education into school and college...

Bhashini

Tech: India to share AI models with Global South

July 29, 2025
15
PIB

Project: Minister assures 100% FDI in shipping

July 28, 2025
16
PIB

Project: DRDO carries out flight-trials of ULPGM

July 27, 2025
11
PIB

Manufacturing: BEL wins Rs.2,000cr contract

July 27, 2025
11
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: LTTS wins $60m telecom contract
  • Export: FIEO sees bilateral doubles to $120bn
  • Export: FTA aligns with deeper global vision
  • Export: India-UK FTA to boost bilateral trade
  • Project: India needs financially aware society

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.