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Dredging Corporation Of India

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Sethusamudram falls out of favour with the Centre

The project is currently under litigation after environmental concerns were raised against the plan of linking the PalkBay and the Gulf of Mannar by creating a shipping channel through the shallow......

Baalu to quit if Ramar Sethu proved artificial

Union Minister for Shipping T R Baalu on Monday said that he would "even quit" his ministership, if it was scientifically proven and if National Aeronautics and Space Administration of the US says......

Canal to be opened for traffic in Nov 2008

The Rs 2427 crore Sethusamudram Ship Canal would be opened to traffic in November 2008.Announcing the schedule for the project, the Sethusamudram Corporation said in a press release that......

Cabinet clears Sethusamudram canal project

The Rs 2427.40 crore Sethusamudram Ship Canal Project off Tamil Nadu coast was on Thursday cleared by the Union Cabinet.Announcing the Cabinet Committee on Economic Affairs decision, Finance......

Air India sale to boost privatisation: Survey

Air India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public sector role in business enterprises to encourage private......

LIC's stake in listed companies at 10-year low

LIC owns 3.69 per cent of the total listed universe based on available disclosures, the lowest since at least June 2009. IMAGE: Kindly note that this image has been posted for representational......

Will the Modi govt get its divestment maths correct?

A chunk of divestment till now has come from follow-on offerings in the Centre’s two ETFs, Bharat-22 and CPSE. Now, there will be initial public offerings of Mazagon Docks, rail companies......

Divestment: Modi govt's pathetic track record

Out of nearly 30 public sector undertakings and assets under ‘strategic sale’ plan, only the ONGC-HPCL plan has been completed Illustration: Uttam Ghosh/Rediff.com It is not just Air......

Floor price at Rs 387/share, IOC stake sale may fetch Rs 9,300 cr

About 48.5 million shares, or 20 per cent of the shares on offer, are reserved for retail investors Setting the stage for 10 per cent disinvestment in Indian Oil Corporation (IOC), the government......

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