NINL disinvestment: Employees' pay scale revision, pension to be decided by Tata Steel Long Products: MoS Finance Bhagwat Kishanrao Karad
In a written reply to the Rajya Sabha, Karad said the strategic disinvestment of NINL is on a going concern basis and the employees shall continue to be employees of NINL in terms of the agreed Share Purchase Agreement (SPA) to be signed with TSLP
bid by TSLP was double the reserve price of Rs 5,616.97 crore set by the government based on the valuation of the transaction adviser and asset valuer. Source: