Search For "management control"
Star9 Mobility to be new owner of Pawan Hans
Updated : 1 month, 3 weeks ago IST
New Delhi [India], April 29 (ANI): The Union Ministry of Finance on Friday said a ministerial panel empowered by the Cabinet Committee on Economic Affairs has approved the sale of the government's stake and transfer of management control of Pawan Hans Limited to Star9 Mobility Private Ltd.
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Emami founders step down from executive roles, make way for next generatio
Updated : 4 months, 3 weeks ago IST
Kolkata (West Bengal) [India], February 3 (ANI): Emami Limited said on Thursday its founders R S Agarwal and R S Goenka will step down from their executive roles effective April 1, 2022. The management control of the FMCG firm will be passed on to the next generation of its founders.
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UltraTech Cement clocks Q4 net profit at Rs 1,775 crore
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], May 8 (ANI): UltraTech Cement has reported profit after tax of Rs 1,775 crore in the quarter ended March compared to Rs 1,129 crore in Q4 FY20 due to prudent working capital management.
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Cabinet approves strategic disinvestment in IDBI Bank
Updated : 1 year, 1 month ago IST
New Delhi [India], May 5 (ANI): The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.
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BCCI to take charge of JKCA as interim measure till elections, directs J&a
Updated : 1 year, 3 months ago IST
Srinagar (Jammu and Kashmir) [India], March 24 (ANI): The Board of Control for Cricket in India (BCCI) will run the management, control and administration of the Jammu and Kashmir Cricket Association (JKCA) as an interim measure till a new body of state association is elected, the Jammu a
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Reliance announces O2C business into 100 pc subsidiary
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], February 23 (ANI): Reliance Industries Ltd (RIL) has initiated the process to move its oil-to-chemicals (O2C) business into an independent subsidiary and will retain 100 per cent management control.
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Govt opens bids to sell majority stake in Shipping Corporation
Updated : 1 year, 6 months ago IST
New Delhi [India], December 22 (ANI): The government on Tuesday invited bids to sell its entire 63.75 per cent stake in Shipping Corporation of India (SCI) to a private investor.
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NCLT asks Delhi Gymkhana Club to file reply on Centre's plea seeking manag
Updated : 2 years, 2 months ago IST
New Delhi [India], April 24 (ANI): The National Company Law Tribunal on Friday asked Delhi Gymkhana Club Limited to file its reply on a petition by the Central government seeking a change in the facility's management and appoint 15 nominees as administrators.
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Manipur starts control room to manage home delivery of essential items
Updated : 2 years, 2 months ago IST
Imphal (Manipur) [India], April 19 (ANI): Manipur Chief Minister N Biren Singh on Sunday inaugurated a home delivery supplies management control room to address the issues faced by the people of the State in procuring essential items during the lockdown.
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SC accepts Centre's proposal to take management control of Unitech
Updated : 2 years, 5 months ago IST
New Delhi [India], Jan 20 (ANI): The Supreme Court on Monday accepted the Central government's proposal to take over the management of embattled real estate company -- Unitech and appoint former IAS officer Yudvir Singh Malik as its chairman and managing director (CMD).
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Cabinet approves reduction of govt's equity in select CPSEs below 51%, whi
Updated : 2 years, 7 months ago IST
New Delhi [India], Nov 21 (ANI): The Cabinet Committee on Economic Affairs accorded 'in-principle' approval for enabling reduction of central government's paid-up share capital below 51 per cent in select CPSEs, while retaining the management and control on case-to-case basis, taking into
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Cabinet nod to sell 53.29 pc stake in BPCL
Updated : 2 years, 7 months ago IST
New Delhi [India], Nov 20 (ANI): The Union Cabinet on Wednesday approved strategic disinvestment of Bharat Petroleum Corporation Limited (BPCL) -- 53.29 per cent -- along with the transfer of certain management control, Union Finance Minister Nirmala Sitharaman said.
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