CCEA approval for disinvestment in NINL

The Cabinet Committee on Economic Affairs (CCEA) gave an approval for strategic disinvestment in Neelachal Ispat Nigam Ltd (NINL) by selling the government’s stake to a strategic buyer which would be identified through a two-stage auction procedure. NINL is a joint venture company with equity shareholding.

from News-Economic Times https://ift.tt/2QAGFqD