Centre rolls out Air India's disinvestment process, seeks Expression of Interest
Union Civil Aviation Minister Hardeep Singh Puri on Monday s...
ET Explains: Will February 1 be FM Sitharaman's Thatcherite moment?
For FM, Feb 1 could be the proverbial moment to borrow from Thatcher's pl...
GoI has no money and so will sell all valuable assets: Kapil Sibal on Air India disinvestment
While speaking to ANI in Delhi on Monday, Congr...
Budget 2020: Renewed push likely to asset monetisation, disinvestment
A top official said that the budget is likely to relax long-term capital gains tax & dividend distribution tax norms.
Air India sale: Bidders to have access to all records in initial stage
Generally, access to all data records and draft share purchase agreement (SPA) are provided to bidders put in their interest after the preliminary information memorandum stage. The govt on Monday came out with the PIM for 100% disinvestment of debt-laden Air India as well as sale of Air India Express and 50% shareholding in equal joint venture AISATS.
Air India privatisation: Employee unions to meet in Delhi
Various Air India employee unions will meet here on Monday to discuss proposed privatisation of the debt-laden airline, sources said.
Bids invited again for Air India sale, govt aims to seal deal by March-end
The government invited bids for a 100% stake in Air India, aiming to finalise a sale of the loss making national carrier by the end of March, after having sweetened the deal by absorbing about two thirds of its debt.
NTPC may not conclude THDCIL, NEEPCO acquisition deal this fiscal: Source
State-run power giant NTPC is unlikely to conclude its about Rs 10,000-crore acquisition deal to buy government's stake in THDC India and North Eastern Electric Power Corporation, according to a source.
If I was not a minister today, I would be bidding for Air India: Piyush Goyal
Air India has been in the red for long and the government is now in the process of finalising the contours for its disinvestment. Responding to a query about proposed disinvestment of Air India, BPCL and other companies, Goyal said in the first term, the government had inherited an economy which was in pretty terrible shape.
Would have bid for Air India, if I were not a minister today: Piyush Goyal
As the government works on divesting debt-laden Air India, Union Minister Piyush Goyal on Thursday said if he was not a minister, he would b...
Will ensure disinvestment-bound Air India keeps operating uninterruptedly: Aviation Ministry
In December, Air India chief told the ministry that the carrier's financial situation was "grossly untenable" for sustaining operations. Thus, the ministry asserted on Twitter,"MoCA reiterates that the Government, while going ahead with the disinvestment, would ensure that Air India continues to operate uninterruptedly and improves its operations also."
Budget 2020: Is it time for a more realistic disinvestment target?
India needs more realistic disinvestment targets so that the fiscal math is not affected towards the end.
What is strategic sale? How is it different from disinvestment?
It looks highly unlikely that the disinvestment target will be met in the current fiscal. The next Budget for 2020-21, to be presented on February 1, will have another target for disinvestment. So, what exactly is a strategic sale and how is it different from disinvestment.
Successful disinvestment of BPCL, CONCOR to lay foundation for much bigger stake sell programme: Garg
Announcement of a strategic disinvestment plan in the Budget will send a positive message, Garg said.
CCEA approval for disinvestment in NINL
The Cabinet Committee on Economic Affairs (CCEA) gave an approval for strategic disinvestment in Neelachal Ispat Nigam Ltd (NINL) by selling the government’s stake to a strategic buyer which would be identified through a two-stage auction procedure. NINL is a joint venture company with equity shareholding.
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