The Port of Haifa is the largest of Israel's three major international seaports
The preparation for privatization of IDBI Bank is going on, he said during a media interaction at the LIC IPO briefing.
The development comes at a time when the government has slashed its LIC IPO size from 5 per cent to 3.5 per cent at Rs 21,000 crore.
However, those transactions for which Expression of Interest (EoI) have been issued will continue to be handled by the Department of Investment and Public Asset Management (DIPAM), it said.
PHL is a 51:49 joint venture of the government and ONGC providing helicopter and aero mobility services.
The government is selling its entire 52.98 per cent stake in BPCL for which three expressions of interest (EoIs), including one from billionaire Anil Agarwal-led Vedanta Group, have been received.
IDBI Bank became a subsidiary of LIC with effect from January 21, 2019, following the acquisition of an additional 82,75,90,885 equity shares.
The comments from Agarwal, who has taken over a few central units through the divestment process in the past, assume importance as the government has been falling short of its divestment targets.
Trade Unions' demands include the scrapping of Labour Codes, no privatisation in any form, scrapping of the National Monetisation Pipeline (NMP), increased...