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Government approves strategic disinvestment of Central Electronics Ltd

The Union Government has approved the strategic disinvestment of Central Electronics Ltd.

Core group of secretaries on disinvestmentCabinet committee on economic affairsMinisterial groupUnion governmentDepartment of scientificLeasing pvt ltdIndustrial researchCentral electronics ltdCentral electronicsCabinet committeeEconomic affairsAlternative mechanismNandal financeInter ministerial groupCore groupLegal adviser

Nandal Finance to acquire Centre s 100% stake in Central Electronics

The Centre has decided the sale of Central Electronics (CEL) to Nandal Finance and Leasing for Rs 210 crore.

Core group of secretaries on disinvestmentCabinet committee on economic affairsMinisterial groupCentral electronicsDepartment of scientificIndustrial researchNandal financeCabinet committeeEconomic affairsAlternative mechanismReserve priceTransaction adviserInter ministerial groupCore groupLegal adviserAsset valuer

Government approves sale of Central Electronics Ltd to Nandlal Finance and Leasing

The Government today said it had approved the highest price bid of Nandlal Finance and Leasing Pvt Ltd for the sale of 100% equity shareholding of the Government of India (GOI) in Central Electronics Limited (CEL).

New delhiNirmala sitharamanJitendra singhCore group of secretaries on disinvestmentCabinet committee on economic affairsMinisterial groupIndustries ltdUnion ministers nitin gadkariCentral electronics limitedDepartment of scientificLeasing pvt ltdIndustrial researchNandlal financeCentral public sector enterpriseCabinet committeeEconomic affairs

Centre to amend banking laws to facilitate privatisation of two PSU banks

The Centre is all set to introduce a banking laws amendment bill in the upcoming Winter Session.

New delhiNirmala sitharamanUnion cabinetIndian overseas bankCore group of secretaries on disinvestmentDepartment of investmentCore group of secretariesDepartment of public enterprisesBanking companies acquisitionCentral bankUnion budgetWinter sessionMinister nirmala sitharamanBanking lawsBanking companiesBanking regulation act

Tata Group better corporate for handing over Air India, says Montek Singh Ahluwalia

Tata Sons has emerged as the top bidder for the takeover of Air India but the bid is yet to be approved by a group of ministers headed by Home Minister Amit Shah.

Nirmala sitharamanJehangir ratanji dadabhoyAmit shahJyotiraditya scindiaPiyush goyalAjay singhCore group of secretaries on disinvestmentTata groupTata airlinesAir indiaAirport services private ltdPlanning commission montek singh ahluwaliaIndia internationalAi express ltdTata sonsHome minister amit

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