Government of India recently in Jan 39 22 approved the sale of 93 71 stake in to Tata Steel Lon...........

Current GK ( Master) Industry

Government of India recently (in Jan'22) approved the sale of 93.71 % stake in to Tata Steel Long Products (TSLP) Ltd for Rs 12,100 crore.

Bharat Aluminum Company

Hindalco Industries

Neelachal Ispat Nigam Ltd

Jindal Steel and Power Ltd

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Explanation:

Answer-3) Neelachal Ispat Nigam Ltd Explanation: The government of India (GoI) approved the sale of (-93.71 percent stake in Neelachal Ispat Nigam Limited (NINL) to Tata Steel Long Products (TSLP) Limited, at an enterprise value of Rs 12,100 crore. This is the 1st instance of privatization of a public sector steel manufacturing enterprise in India. i. The Department of Disinvestment & Public Asset Management (DIPAM) was authorized to undertake the transaction. About Tata Steel Long Products (TSLP) Limited: Headquarters - Keonjhar, Odisha Managing Director - Ashish Anupam