#EXCLUSIVE report | A clutch of companies will jostle to buy a stake in logistics firm #Concor in one of the most keenly-watched privatization attempts of the govt.
https://www.moneycontrol.com/news/business/exclusive-concor-privatisation-draws-interest-from-dp-world-adani-and-vedanta-6660311.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/exclusive-concor-privatisation-draws-interest-from-dp-world-adani-and-vedanta-6660311.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | Concor Privatisation Draws Interest From DP World, Adani And Vedanta
Gateway Distriparks and Allcargo Logistics confirms to Moneycontrol that they are likely to be in the race to buy stake in India’s largest container train and terminal operator.
The Indian government on today announced that it received about Rs 1,939 crore from IOCL and Rs 67 crore and #CONCOR as dividend tranches, #DIPAM Secretary Tuhin Kanta Pandey said.
Read more 👇
https://www.moneycontrol.com/news/business/govt-receives-rs-1939-crore-as-dividend-tranche-from-iocl-rs-67-crore-from-concor-8134091.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/govt-receives-rs-1939-crore-as-dividend-tranche-from-iocl-rs-67-crore-from-concor-8134091.html?utm_source=telegram&utm_medium=social
Moneycontrol
Govt receives Rs 1,939 crore as dividend tranche from IOCL, Rs 67 crore from CONCOR
Earlier in January, the Indian Oil Corporation (IOC) reported a consolidated net profit of Rs 6,143.08 crore for the December quarter of the fiscal year 2021-22 (Q3FY22).
#MCExplains: The Union Cabinet revised its policy on leasing #railway land, by lowering the annual rental on leased land and extending the period of leases.
But how will the new land leasing policy help in the divestment of #CONCOR? Read 👇
https://bit.ly/3BkFa6n
But how will the new land leasing policy help in the divestment of #CONCOR? Read 👇
https://bit.ly/3BkFa6n
#Business | Govt mulls 5-7% stake sale in CONCOR after lukewarm response to strategic plan. Options include offer for sale or QIP for the sale. 📉
Read more on this🔽
https://www.moneycontrol.com/news/business/govt-may-opt-for-5-7-stake-sale-in-concor-after-tepid-response-to-strategic-sale-plan-12760457.html#google_vignette
#CONCOR #strategicsale #landleasing #railways
Read more on this🔽
https://www.moneycontrol.com/news/business/govt-may-opt-for-5-7-stake-sale-in-concor-after-tepid-response-to-strategic-sale-plan-12760457.html#google_vignette
#CONCOR #strategicsale #landleasing #railways
Moneycontrol
Govt may opt for 5-7% stake sale in CONCOR after tepid response to strategic sale plan- Moneycontrol.com
The government is understood to be considering options like offer for sale or qualified institutional placement (QIP) for the stake sale.