disinvestment

Govt could repeal Warehousing Companies Act, 1962, paving manner for its disinvestment

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The Central Warehousing Company (CWC), a Schedule ‘A’ Mini Ratna firm, could also be corporatised on the strains of Indian Airways earlier than it’s divested or privatised after repealing the Warehousing Companies Act, 1962. The CWC was constituted underneath the Act. Nonetheless, the disinvestment could also be difficult since CWC holds 50 per cent stake … Read more

CPSE dividends prone to exceed ₹62,000 crore, 24% greater than RE

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The Centre is anticipated to shut the fiscal 12 months 2023-24 with greater than ₹62,000 crore or much more by means of dividends from Central Public Sector Enterprises (CPSEs). If this occurs, it would exceed revised estimates by greater than 24 per cent. Additionally, this will probably be an all-time excessive, apart from being the … Read more