Day: June 21, 2021

Draft cabinet note floated for 100% FDI in oil PSUs approved for disinvestment: Sources

NEW DELHI: The commerce and industry ministry has floated a draft cabinet note seeking inter-ministerial views on a proposal to allow up to 100 per cent foreign investment under automatic route in oil and gas PSUs, which have an ‘in-principle’ approval for disinvestment, sources said. The move, if approved by the union cabinet, would facilitate […]

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