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INDIAN GOVT SEEKING ADVISORS FOR STATE TRADE CORP SELL-OFF.
NEW DELHI, Dec 3 Asia Pulse - The Indian government has invited applications for appointment of global advisor for offloading its majority stake in international trading agency, State Trading Corporation (STC).
"We have initiated the process for diluting stake in STC by inviting applications for appointment of advisor," official sources told PTI.
Based on the applications received price quotes will be invited and further modalities are to be worked out on divesting stake in the public sector enterprise, they added.
Government will dilute its stake to 26 per cent from 91 per cent through strategic sale. Another 10 per cent will be offloaded to employees as part of stock option scheme. Government will ...
- Mumbai, Oct 10 (PTI) State Trading Corporation of India Ltd today decided to...
- News wire article from: PTI - The Press Trust of India Ltd. October 10, 2005 700+ words
The AGM approved the resolution for payment of dividend on the paid up capital, the State-owned company informed Bombay Stock Exchange. The STC, set up in 1956, is a premier international trading house and has developed vast expertise in handling bulk international trade. (THROUGH ASIA PULSE)
- INDIA'S STATE TRADING CORP. IMPORTS 5.5 MLN TONNES OF WHEAT.
- News wire article from: AsiaPulse News April 30, 2007 700+ words
...DELHI, April 30 Asia Pulse - State Trading Corporation on Friday said it...Exports for the PSU grew 165 per cent to touch Rs 29 billion during...Domestic sales grew 30 per cent to Rs 6.98 billion. During...turnover for STC grew 100 per cent to Rs 143 billion, exceeding...
- PRIVATISATION OF INDIA'S STATE TRADING CORP. ON BACKBURNER.
- News wire article from: AsiaPulse News November 24, 2004 700+ words
...programme of the public-sector State Trading Corporation (STC) (BSE...to help disinvest 65.02 per cent of its shareholdings in STC...a final dividend of five per cent for the year 2003-04 to the...an interim dividend of 15 per cent this year. The Corporation...
- STATE TRADING CORP OF INDIA TO ENTER ONLINE COMMODITY TRADING.
- News wire article from: AsiaPulse News September 27, 2007 700+ words
NEW DELHI, Sept 27 Asia Pulse - State Trading Corporation of India, which has been mandated to import 1...Minister Kamal Nath. The company, which achieved a 101 per cent increase in turnover to Rs 150000 million in 2006-07, is...
- INDIA: EGYPT AND STC IN WHEAT EXPORT DISCUSSIONS.(State Trading Corp.)(Brief...
- Newspaper article from: IPR Strategic Business Information Database November 4, 2003 700+ words
According to oBusiness Lineo, India's leading PSU, State Trading Corporation (STC) is holding advanced level talks with Egypt for export of 60...free from Karnal-bunt virus with minimal presence of not more than 0.03 per cent.
- State trading enterprises in a differentiated product environment: the case of...
- Magazine article from: American Journal of Agricultural Economics Dong, Fengxia Marsh, Thomas L. Stiegert, Kyle W. February 1, 2006 700+ words
...Tariffs and Trade (GATT) acknowledged state trading enterprises (STEs) as legitimate...governance but exclusive privileges. State trading is more prevalent in agriculture than...difficult. Particularly, critics of state trading argue that lack of transparency in...
- State Trading Corp ventures into bullet proof equipment.
- News wire article from: PTI - The Press Trust of India Ltd. February 5, 2006 700+ words
State Trading Corp ventures into bullet proof equipment Mumbai, Feb 05 (PTI) As part of its diversification process, the Rs 10,000 crore State Trading Corporation of India Limited (STC) is expecting Rs 250 crore annual...
- Tender Notice: The State Trading Corporation of India Seeks Replacement Works...
- News wire article from: US Fed News Service, Including US State News July 16, 2009 700+ words
KOLKATA, India, July 16 -- The State Trading Corporation of India Ltd., said it was soliciting services...hindustantimes.com. For more information, contact The State Trading Corporation of India, Geetanjali Apartment, 8B, Middleton...
