![Halfway through fiscal, is privatisation losing way?](https://images.assettype.com/fortuneindia%2F2022-01%2Fbd514f37-0ba3-4404-a4a4-9312702c926d%2FGov_to_Pvt__1_.jpg?w=300&q=95)
Halfway through fiscal, is privatisation losing way?
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
Poor due diligence and planning led to the calling-off of privatisation at BPCL, CEL, Pawan Hans
The sale was put on hold basis adverse NCLT observations on one of the consortium members — Almas Global Opportunity Fund — in a separate matter related to IBC.
The Indian National Congress has expressed doubts over the manner in which PHL became a loss-making entity since 2018-19.