Latest News on Enemy Property
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Enemy Property - Total results - 3
May 15, 2019
Govt plans to divest up to 15% in RITES via OFS, eyes to raise about Rs 700 cr; DIPAM to assist in sale processAt the current market price, sale of 15 percent stake in RITES would fetch around Rs 700 crore to the government.
Mar 25, 2019
First-ever sale of 'enemy shares'; buyback by CPSEs yield over Rs 11,300 cr to exchequer in FY19Enemy property refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India.
Mar 01, 2019
Cabinet clears procedure, mechanism to monetise enemy properties, CPSE's non-core assetsThe institutional framework for monetisation of the assets could also be used by other CPSEs, PSUs, government organisations and loss-making or sick CPSEs.