Government Disinvestment Turning Into Distressed Sale?
Recently, Union Finance Minister Nirmala Sitharaman had announced the Government’s plans to raise Rs 1 lakh Cr via disinvestment by selling their equities in five PSUs – BPCL, Shipping Corporation of India (SCI), Container Corporation (Concor), Tehri Hydro Development Corporation and North Eastern Electric Power Corporation. The Cabinet Committee on Economic Affairs (CCEA) had approved […]