| Govt defers Pepsico's proposal | 18-NOV-09 |
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| The government has deferred a decision on a proposal by food and beverages major Pepsico to induct additional equity worth about Rs 930 crore in its Indian subsidiary. The proposal for induction of foreign equity (by Pepsico) has been deferred, an official statement said, without specifying reasons for the deferment. |
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| Profitable unlisted PSUs to head to market | 06-NOV-09 |
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| The United Progressive Alliance (UPA) government today announced a bold disinvestment policy that could see unlisted companies with a positive net worth going to the stock market and the proceeds from sale of government equity being used entirely for social sector programmes for a three-year period. |
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| Listed CPSEs to offload 10%, says Chidambaram | 05-NOV-09 |
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| The government today decided that all listed central public sector enterprises (CPSEs) will increase the public holding to 10 per cent and all unlisted profitable state-owned entities should go public. |
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| Govt may allow ONGC to auction marginal fields | 04-NOV-09 |
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| The government may allow state-run Oil and Natural Gas Corporation (ONGC) to auction small and marginal fields that it has not found economical to develop, so that the discoveries in the fields could be brought into production. |
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| Competitive bidding for biogas plants gets nod | 23-OCT-09 |
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| The government has approved the competitive bidding process for setting up large-scale biogas plants. The bidding will be conducted under the National Biogas and Manure Management Programme (NBMMP). The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for continuation of the programme during the 11th Five-Year Plan period, with an expenditure of Rs 562.89 crore. |
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| NTPC stake sale to boost market sentiment: Analysts | 19-OCT-09 |
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| The government's nod for stake sale in state-run power utilities - NTPC and Satluj Jal Vidyut Nigam (SJVNL) - is expected to bolster investor sentiment and propel the stock markets in days to come, analysts said. |
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| Fertiliser units' revival to go to CCEA | 29-SEP-09 |
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| The Cabinet Committee on Economic Affairs (CCEA) will consider a proposal to revive six state-owned fertiliser units through a revenue-sharing arrangement with the private sector. |
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| ONGC Videsh to seek CCEA nod for 27% more capex in Brazil | 07-SEP-09 |
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| ONGC Videsh Ltd (OVL), the overseas arm of Oil and Natural Gas Corporation, which acquired a 15 per cent participating interest in a Brazilian oil and gas block in 2006 for $165 million, has seen its share in the capital expenditure going up by over 27 per cent, from $313 million to $400 million, due to imposition of fresh taxes and additional well costs. |
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