Saturday, April 10

Government opens bids to sell the vast majority stake in Delivery Corp of India

Government opens bids to sell the vast majority stake in Delivery Corp of India


NEW DELHI: The authorities on Tuesday invited bids to offer its 63.75% stake in Shipping Corporation of India (SCI) to a non-public investor, in a key asset sale that was delayed due to the coronavirus pandemic.
In a assertion on Tuesday, the federal government said the deadline for distributing first bids would be February 13.
At existing stock charges, SCI’s whole industry worth is about Rs 3,915 crore ($529 million).



Source (important)

Leave a Reply

Your email address will not be published. Required fields are marked *