There is no large container transhipment port in India and all international container cargo has to go to Colombo, Singapore and Port Klang in Malaysia
The transaction will now move to the second stage in which the potential bidders will conduct due diligence before putting financial bids
The Department of Investment and Public Asset Management (DIPAM) said multiple EoIs had been received and qualified bidders had conducted due diligence
The official said the bid document for Concor is almost ready and has to get approval from 'Alternative Mechanism' which is essentially a group of key Cabinet ministers
The government and LIC together are looking to sell a 60.72 per cent stake in IDBI Bank, and the last date for submitting an Expression of Interest (EoI) or preliminary bids is December 16
Currently, RBI guidelines allow industrial houses to hold a maximum of 10 per cent stake in private sector banks, but they cannot be a promoter
Several global and domestic institutions have expressed interest in buying about 61 per cent of the government and Life Insurance Corporation's (LIC) stake in IDBI Bank and had put in preliminary bids, the last date of which...
Last week, the government along with Life Insurance Corporation (LIC) invited preliminary bids for selling 60.72 per cent stake in IDBI Bank. The last date for putting in Expression of Interest (EoI) is December 16
This meant that bidders who qualified in the first or the Expression of Interest (EoI) round, were required to seek security clearance from the government...
In this regard, the capital markets regulator has invited Expression of Interest (EOI) from solution providers to implement, install and maintain a 'Web...