Financial Daily from THE HINDU group of publications
Sunday, Feb 17, 2002
Financial Daily from THE HINDU group of publications Sunday, Feb 17, 2002 |
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Disinvestment Industry & Economy - Disinvestment Price bids for Jessop opened Our Bureau
NEW DELHI, Feb. 16 THE price bids of the two bidders, Titagarh Industries Ltd and Ruia Coatex, for acquiring 72 per cent of the Government's stake in the state-owned Jessop & Company Ltd were pened by the Government today. The Ministry of Disinvestment will now be approaching the Board for Industrial and Financial Restructuring (BIFR) to seek its approval in the sell-off of Jessop. The company had been referred to BIFR when it turned sick.
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