Don’t miss the latest developments in business and finance.

Panel to renegotiate on Idcol Cement sale

Image
Dillip Satapathy Bhubaneswar
Last Updated : Jan 28 2013 | 2:33 AM IST
 Sources said, ACC had offered Rs 173 crore take over the plant as against the reserve price of Rs 176 crore.

 The job of the two-member panel comprising industry minister KV Singhdeo and minister of state for finance, Panchanan Kanungo will be to negotiate with ACC to increase the offer price to above the reserve price or at least match it, sources said.

 In a recently held meeting of the cabinet committee on disinvestments chaired by chief minister Naveen Patnaik, the ACC

Also Read

First Published: Nov 27 2003 | 12:00 AM IST

Next Story