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Latest Articles in disinvestment

Coffee Day Gets First Tranche Of Rs 2,000 Crore After Disinvestment In GV Techparks

"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.

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Govt To Come Out With EoI For BPCL Divestment In Next Few Days

The government currently holds 53.29 per cent stake in the company, and at prevailing market prices the share sale would fetch about Rs 60,000 crore to the government.

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Air India Disinvestment: Government To Sell 100% Stake; Issues Bid Document

As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low cost airline Air India Express and 50 per cent shareholding in joint venture AISATS.

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Shah-Led GoM's Second Meeting On Air India Disinvestment Likely Today

The expression of interest could be invited 45 days after the uploading of the PIM document.

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Air India Disinvestment not To Happen In "Near Future": Govt Official Informs Parliamentary Panel

Officials from Civial Aviation Ministry informed the panel that the Air India Investment is not in sight anytime soon while briefing it about various concerns surrounding the national carrier.

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Centre To Expedite Air India's Disinvestment: Civil Aviation Secretary

Speaking at the inaugural ceremony of the four-day aviation event 'Wings India 2018', Civil Aviation Secretary R N Choubey said a revised EoI for disinvestment in Pawan Hans is also expected to be floated around the same time

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State-Owned NTPC's 5% Stake Sale Gets Off To A Flying Start

The government is selling over 41.22 crore shares or 5 per cent stake in state-run power producer NTPC with an option to retain over-subscription of similar amount

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Asia Index Launches S&P BSE Bharat 22 Index

Significantly, S&P BSE Bharat 22 has been licensed to ICICI Prudential AMC for development of an exchange traded fund (ETF) based on the index

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Government Plans Strategic Disinvestment Of Salem Steel Plant

Steel Minister Chaudhary Birender Singh said the financial reports of the SSP in the last few years showed a "dismal" picture of the once most-reputed steel plant in the country

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Air India Mulls Proposal To Offer VRS To 1/3rd Of 40,000 Employees

India's flag carrier is on the block after Prime Minister Narendra Modi's cabinet last month approved plans to privatise the loss-making airline

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Parliamentary Panel Asks Govt For Details On Air India Disinvestment Decision

A Parliamentary panel has sought details from the government on giving in-principal approval to its divest stake in Air India even as modalities are being worked out for the proposed divestment to revive the debt- laden national carrier

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Par Panel Seeks Details On Air India Disinvestment Decision

Sources said the government's decision to divest stake in Air India was discussed today at the meeting of the Department-related Parliamentary Standing Committee on Transport, Tourism and Culture.

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Investors Gloomy After IndiGo Shows Interest In Buying Air India

The news came after Indigo expressed its interest in buying Air India after the Ministry of Civil Aviation announced disinvestment in Air India giving boost to the Government of India of its announced plan to sell stake in national carrier which is laden with Rs 52,000 crore debts.

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Not That Courageous To Invest In Air India: Anand Mahindra

To revive the carrier, the Cabinet has decided on its disinvestment and the modalities such as the treatment of unsustainable debts of Air India and hiving off certain assets to a shell company would be decided.

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Sensex Goes Up 160 Points On Reforms, F&O Expiry

The Sensex headed up surging 160 points as investors welcomed the Cabinet's decision to give 'in-principle' nod to disinvestment of Air India, a sign the government is not shying away from bold reforms

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