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The stake sale will be through offer for sale (OFS), but the timeline hasn’t yet been decided, as per the sources.

The proposed divestment includes selling 10 per cent stake in RCF. As of March 31, the government held 80 per cent stake in the fertilizer maker.

This plant is being revived at a project cost of over Rs 11,500 crore by Talcher Fertiliser Ltd, which a joint venture firm of GAIL, CIL, RCF and Fertiliser Corporation of India Ltd.

Over 100 MSMEs affiliated with the association are facing losses amounting to several crores due to penalties imposed for delayed supplies.

The Vande Bharat chair car rake is designed for a maximum speed of 160 kmph and is primarily intended for daytime intercity services.

The Bengaluru service route will connect urban centres such as Mysuru and Tumakuru, offering commuters a faster and more efficient alternative to existing travel options…