Latest News on Divestment
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Divestment - Total results - 115
Jan 17, 2018
Air India's proposed stake sale will go on, but suggestions on divestment welcome: Ashok Gajapathi RajuCurrently, a ministerial panel is firming up the contours of the strategic divestment -- of at least 51 percent stake -- in Air India and its subsidiaries
Jan 16, 2018
Air India stake sale: Breaking up of the Maharaja is a good move but govt should exit the national carrier completelyEven if the government waives a significant part of the Air India' debt from the books, its looming presence would be enough to deter sound investors.
Jan 12, 2018
FDI in Air India: Govt open to retaining minority stake in national carrier, says aviation minister Jayanta SinhaAir India has got a new lease of life with the government allowing foreign direct investment up to 49 percent in the bleeding national carrier.
Jan 10, 2018
Air India privatisation: Cabinet allows foreign airlines to buy up to 49% stake in national carrierA ministerial group, Air India-specific Alternative Mechanism, headed by Finance Minister Arun Jaitley is looking into the modalities to divest loss-making airline
Jan 09, 2018
Postponing Air India divestment by 5 years will further erode its value, says CAPAPrivatisation of the Air India should in fact be "fast- tracked" to maximise investor interest and value for the government, the think tank suggested
Dec 29, 2017
Air India privatisation can bring the national carrier back to its past glory: Manoj SinhaTo revive the loss-making national carrier, government is working on modalities for Air India's strategic disinvestment
Dec 28, 2017
Govt does not want Air India to go defunct like Kingfisher Airlines, says Ashok Gajapathi RajuAir India has a debt of more than Rs 52,000 crore and is surviving on a Rs 30,000 crore bailout package extended by UPA govt in 2012
Dec 11, 2017
Air India new CMD Pradeep Singh Kharola takes charge amid talks of divestment of ailing national carrierAir India is staying afloat on taxpayers' money as a result the government has decided on selling stake in the airline
Dec 05, 2017
Want to make Air India vibrant, says Civil aviation minister Ashok Gajapati RajuThe minister said private carrier Indigo had given expression of interest in Air India's overseas operations, while the Tatas were making only verbal enquiries.
Dec 01, 2017
Air India's domestic, global operations to be sold together: Aviation minister Jayant SinhaOn the disinvestment process, Jayant Sinha said the government is still in the process of identifying which subsidiaries of Air India should be offered separately.