Pdil

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Cabinet clears procedure, mechanism to monetise enemy properties, CPSE's non-core assets
Business

Cabinet clears procedure, mechanism to monetise enemy properties, CPSE's non-core assets

The institutional framework for monetisation of the assets could also be used by other CPSEs, PSUs, government organisations and loss-making or sick CPSEs.

EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentiality
Business

EIL to bid to buy-out govt stake in PDIL; does not give details stating confidentiality

Engineers India Ltd (EIL) said its board of directors in a meeting on Thursday "considered the proposal for acquisition of 100 percent paid-up share capital of PDIL from President of India."