SEARCHED FOR:AIR INDIA DISINVESTMENT
AI needs to be privatised; cooperation of employees important: Hardeep Singh Puri tells union representatives
At a meeting with some 13 Air India unions in Delhi, Puri also said that the government was trying to address the concerns of the employees regarding issues such as job protection post privatisation, a union representative said.
What is strategic sale? How is it different from disinvestment?
It looks highly unlikely that the disinvestment target will be met in the cur...
Air India sale: Entities can bid based on affiliates' financial strength
As per the PIM, a bidder may also "qualify on the basis of net worth...
Reliance results nothing to write home about: Sandip Sabharwal
We could see the stock cool off a bit before any further move is seen.
Questions for 2020: Air India, BPCL get sold?
The process has already gained momentum with the appointment of Deloitte as advisor for the strategic sale. The only obstacle now is employee resistance. But unions are sounding less hostile than they initially did.
Bidders get till March 6 to pose queries on Air India stake sale
The last date for putting bids is March 17 and interested bidders for Air India should have a net worth of Rs 3,500 crore. After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. In 2018, the government had offered to sell its 76% stake in the airline.
Government committed to disinvestment of Air India: Hardeep Singh Puri
Puri said the previous attempt to disinvest the carrier could not succeed. But now the government has learnt lessons and mechanism will ensure the move this time.
Air India unions to demand voluntary retirement scheme in Monday meeting
"Our members have been approaching us and want us to discuss a voluntary retirement scheme package with the government as it is expected that our job will be protected only for one year post privatisation. We are going to raise this issue at the meeting with the minister on Monday," an airline source told PTI.
View: Govt's recent move on coal and railways will have serious economic implications
GoI’s recent move on coal and railways is an interesting shift in strategy, especially if it is part of an overarching exercise to remove all preferences and privileges from PSUs and governmentrun businesses.
Air India may lower prices of its properties to draw more buyers
Airline has managed to sell only 32 of the 111 properties put on the block two years ago.
Govt committed to disinvestment of Air India: Hardeep Singh Puri
The minister said there has been a steady improvement in finances of Air India.
'Rumours' of Air India's shutdown baseless: CMD Ashwani Lohani
"Rumours regarding Air India shutting down or closing operations are all baseless," Lohani said in a tweet.
A buyer needs to see Air India beyond its balance sheet: Chairman & MD Ashwani Lohani
As the government intensifies its efforts to sell Air India, the carrier's Chairman and Managing Director, Ashwani Lohani, says the real strength of the airline cannot be understood by looking at its balance sheet alone.
Centre to go ahead with disinvestment process of Air India: Ministry of Civil Aviation
At a meeting on June 28, 2017, the CCEA had in-principle approved the consideration for strategic disinvestment of Air India.
Govt's decision to sell 100 per cent stake in Air India a 'bold reform': CAPA
The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment and has set March 17, as the deadline for submitting expression of interest.