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Andrew Yule to invite bids for DPSC on Nov 2015-NOV-09
"We will now invite bids for selling our 15 per cent and institutions' 42 per cent stakeholding in DPSC on November 20," Chairman and Managing Director of Andrew Yule Kallol Datta told PTI.
Equity offload in Andrew Yule gets Cabinet nod16-OCT-09
The Cabinet on Thursday gave its approval to offloading 26 per cent equity held by Andrew Yule & Company in Phoenix Yule to Continental Conti Tech for Rs 62.82 crore, including an additional compensation of Rs 3.69 crore.
Andrew Yule exits JV; sells 26% in Phoenix Yule15-OCT-09
The government today approved selling of the entire 26 per cent stake held by state-owned engineering firm Andrew Yule & Co in Phoenix Yule for Rs 62.82 crore to Continental ContiTech.
Andrew Yule rationalises product-mix for exports25-SEP-09
Government-owned Andrew Yule & Co Ltd is in the process of rationalising its product-mix for the electrical business in a bid to cater to the export market. Kallol Datta, chairman and managing director, Andrew Yule, said after the company’s annual general meeting that the company planned to focus on the export market for the electrical market, especially Africa. “We have got a good response,” he said.
Andrew Yule jumps on Tide Water divestment plan28-JUN-09
The stock was frozen at the upper limit of the circuit filter throughout the week, after the Union Heavy Industries Minister Vilasrao Deshmukh announced that the government was considering a stake sale in the loss-making Tide Water Oil Co, in which the company holds 26.2 per cent shares.
Coal India opts out of DPSC race09-MAR-09
Coal India (CIL) today said that it is no longer interested in bidding for 57 per cent stake of Dishergarh Power Supply Company (DPSC)  which had been put on the block by Andrew Yule.
Kanika Datta: The perils of bail-outs22-JAN-09
Ramalinga Raju’s January 7 revelations had Indian public opinion ricocheting back to an old orthodoxy: a government bail-out. The government has so far wisely desisted, appointing instead a board of industry stalwarts to do some damage control and find a buyer for what was once the country’s fourth largest software services provider.
Andrew Yule to invite price bids by mid-Nov for DPSC12-OCT-08
Engineering PSU Andrew Yule & Company Ltd would invite price bids for its stake sale in Dishergarh Power Supply Corporation by middle of November, a company official
Yule to replant tea estates17-SEP-08
Kolkata based heavy engineering firm, Andrew Yule Corporation Limited (AYCL), is looking at extensive replantation of its tea gardens for the next 12 years.
Andrew Yule aims to sell subsidiary stakes this fiscal17-SEP-08
Kolkata based heavy engineering firm, Andrew Yule Corporation Limited (AYCL), expects its entire disinvestment process to be completed by the end of this fiscal.
Andrew Yule to restructure engg, electrical divisions16-SEP-08
Heavy engineering PSU Andrew Yule & Co will restructure its engineering and electrical divisions into two subsidiaries by the end of the current financial year.
Andrew Yule expects Rs 200 cr from stake sale11-AUG-08
Heavy engineering firm Andrew Yule & Co expects to make more than Rs 200 crore from selling its stake in Dishergarh Power Supply Co, TideWater Oil and Phoenix Yule. Yule will sell its
7 PSUs in red may turn around22-APR-06
HMT (Machine Tools), HMT (Watches), Braithwaite, Andrew Yule may be back in black.
German parent keen to buy up Phoenix entirely19-APR-06
Phoenix Yule, the erstwhile belting division of Andrew Yule, is in a Catch-22 situation with the central government's disinvestment policy having gone haywire.
A K Bhattacharya: The rise of PSU chairmen07-FEB-06
The ministry's stranglehold over the PSUs and their chief executives is no longer as tight as it used to be
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