PSUs: When A Promise Is Not A Promise

PSUs: When A Promise Is Not A Promise

On March 13, 2018, the Parliament’s Lower House, the Lok Sabha, passed without debate two finance bills and 218 amendments. These included funding demands from 99 government ministries and departments.

UBI To Sell 26% Stake In GTL Infra

UBI To Sell 26% Stake In GTL Infra

Union Bank of India has invited bids to sell its 26 per cent stake in or 315 crore shares of GTL Infrastructure by Mar 27, the bank said in a tender notice on its website. GTL Infrastructure owes Rs 4,143 crore to Union Bank of India as of Dec 31, 2017.

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