Cochin Shipyard Limited will not be privatised: Union Minister Pon Radhakrishnan

Cochin Shipyard Limited will not be privatised: Union Minister Pon Radhakrishnan

Union Minister Pon Radhakrishnan today said the Cochin Shipyard Limited, a leading ship building and ship repairing company in the country, will not be privatised.

The minister of state for shipping gave this assurance during an interaction with trade unions and associations of CSL here, a CSL spokesperson said.

During the meeting, the unions voiced their concerns about the CSL’s Initial Public offering (IPO) proposal, citing that it is the first step towards privatisation of the yard.Read more

Credits:economictimes.indiatimes.com

Leave a Reply

Your email address will not be published.