disinvestment

Supreme Court orders CBI to register case in disinvestment matter of Hindustan Zinc in 2002  

The court said that the recommendation of various officials of the CBI for converting the preliminary inquiry of disinvestment of HZL in 2002.

published on : 18th November 2021

Air India has outstanding dues of Rs 2000 crore for landing, parking: AAI

Recently, the Centre successfully disinvested a 100 per cent stake to Tata Sons of Air India, but pending dues by Air India need to be noted to the new owner.

published on : 3rd November 2021

Disinvestment will foster Air India's growth, better utilisation of wide-body planes: Aviation secy

Earlier this month, Talace Pvt Ltd, part of the Tata group, emerged as the winning bidder for Air India with a bid worth Rs 18,000 crore.

published on : 21st October 2021

Carry out just necessary expenses as Air India's disinvestment likely to complete in 10 weeks: Govt

Bansal in an order said the airline's disinvestment process is in its final stages and letter to intent has been already issued to the Tata group.

published on : 15th October 2021

Disinvestment to increase PSUs' income, create jobs: MoS Finance 

Finance Minister Nirmala Sitharaman had announced a Rs 6-lakh crore National Monetisation Pipeline to unlock value in infrastructure assets across sectors ranging from power to road and railways.

published on : 24th September 2021

Financial bids received for Air India disinvestment; Tatas among suitors

The government is seeking to sell 100 per cent of its stake in Air India, including its 100 per cent shareholding in AI Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd.

published on : 15th September 2021

Union government mulls permitting foreign investment in LIC

Up to 74 percent foreign investment is permitted under the automatic route in the insurance sector, according to the current FDI policy, which doesn't apply to the Life Insurance Corporation of India.

published on : 24th August 2021

Centre extends deadline for transaction advisor hiring for Vizag Steel Plant disinvestment 

As per the latest notification issued on Friday, the last date for submission of bids has been extended from August 17 to 26.

published on : 14th August 2021

Centre reiterates its stand on RINL

This comes at a time when employees of the steel plant were on a two-day dharna in Delhi

published on : 4th August 2021

JSPL all set to divest its holding in power subsidiary

JSPL and its transaction advisors have successfully negotiated a revised and improved binding offer from Worldone, according to a statement issued.

published on : 25th July 2021

Government plans to complete LIC IPO this fiscal: Minister of State Karad

The government, in the previous week, had invited bids to appoint merchant bankers and legal advisors for the IPO and subsequent listing of the country's largest insurer.

published on : 19th July 2021

Cabinet clears strategic disinvestment, transfer of management control in IDBI Bank

The extent of respective shareholding to be divested by the central government and LIC shall be decided at the time of structuring of transaction in consultation with the RBI.

published on : 5th May 2021

Government to control PSU's even after divestment, says Finance Minister Nirmala Sitharaman

This will be done by clubbing the shareholding of state-run banks, financial institutions like LIC and other PSUs, she said.

published on : 7th July 2019

After IndiGo, Jet Airways opts out of Air India disinvestment process

The ambitious strategic stake sale of loss-making Air India as well as its two subsidiaries seem to be hitting air pockets with the two potential bidders deciding to keep away.

published on : 10th April 2018

IndiGo rules out bidding for Air India

IndiGo, a market leader in the Indian skies with close to 40 per cent share, was one of the first players to show interest in the ailing airline.

published on : 5th April 2018
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