November 05, 2024 14:54 (IST)
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Centre cuts railways land licence fees, paving way for privatisation of Concor

Centre cuts railways land licence fees, paving way for privatisation of Concor

New Delhi: The Union Cabinet Wednesday approved the reduction in the railway land license fee policy from 6 percent to 1.5 percent and the lease period has been increased to up to 35 years from five years.

Cabinet empowers BOD of Holding / Parent Public Sector Enterprises to recommend and undertake the process for Disinvestment

Cabinet empowers BOD of Holding / Parent Public Sector Enterprises to recommend and undertake the process for Disinvestment

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal for empowering the Board of Directors (BOD) of the Holding / Parent Public Sector Enterprises to recommend and undertake the process for Disinvestment (both strategic disinvestment and minority stake sale) or closure of any of their subsidiaries / units / stake in JVs. 

Cabinet approves up to 20 pc FDI in IPO-bound LIC

Cabinet approves up to 20 pc FDI in IPO-bound LIC

New Delhi/UNI: The Union Cabinet on Saturday cleared upto 20 per cent foreign direct investment (FDI) under automatic route in Life Insurance Corporation of India (LIC), official sources said.