Disinvestment

Showing of 41 - 60 from 276 results
Disinvestment - Total results - 276
Pawan Hans sale: Govt to invite fresh bids for 100% stake; to soon issue EoI addendum post-ONGC board approval
Business

Pawan Hans sale: Govt to invite fresh bids for 100% stake; to soon issue EoI addendum post-ONGC board approval

Pawan Hans provides seven choppers to ONGC for its off-shore helicopter requirements for crew change and production tasks, including night ambulance.

Air India stake sale: Govt on 'wait and watch' mode for next three-four months, says union minister Nitin Gadkari
Business

Air India stake sale: Govt on 'wait and watch' mode for next three-four months, says union minister Nitin Gadkari

The government's proposed stake sale in Air India failed to attract any initial bidder when the deadline for bidding ended on 31 May

Govt working to boost Air India's operational efficiencies: Interim finance minister Piyush Goyal
Business

Govt working to boost Air India's operational efficiencies: Interim finance minister Piyush Goyal

The government is giving a new thrust to strengthen Air India's management practices and operational efficiencies while the disinvestment plan would depend on various circumstances, Finance Minister Piyush Goyal said on Monday

P Chidambaram says Centre totally confused on Air India assets sale, should sort out its mind
India

P Chidambaram says Centre totally confused on Air India assets sale, should sort out its mind

Senior Congress leader P Chidambaram on Monday alleged that the government was "totally confused" on the Air India assets sale and asked it to "sort out its mind" before attempting to tackle the problem.

Air India stake sale: Why the failed first attempt at the carrier's disinvestment could cost the Narendra Modi govt dear
Business

Air India stake sale: Why the failed first attempt at the carrier's disinvestment could cost the Narendra Modi govt dear

The AISAM must be allowed to relax the Air India bid conditions substantially. Else, the carrier will continue to feed on taxpayer funds.

Air India's failed stake sale: Government now has another shot at setting things right at the ailing national carrier
Business

Air India's failed stake sale: Government now has another shot at setting things right at the ailing national carrier

The government must ensure that Air India focuses on its core competency to turn around, and could plan for an IPO in three to four years.

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?
Business

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?

A non-airline company, with no experience in running an airline, can also place a bid for Air India. This shows all that is wrong with the divestment.

Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice
Business

Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice

Few know that the government has cracked the whip on its own defaulters as well, and successfully closed down chronically sick public companies.

Disinvestment-bound Air India on a hiring spree; to induct 270 co-pilots
Business

Disinvestment-bound Air India on a hiring spree; to induct 270 co-pilots

Ongoing privatisation and mounting losses have not deterred the flag carrier Air India from adding to the already-bloated workforce,as it's in the process of hiring around 270 co-pilots in the reserved category

Time not ripe for large scale privatisation of public sector banks: SBI chief Rajnish Kumar
Business

Time not ripe for large scale privatisation of public sector banks: SBI chief Rajnish Kumar

Privatisation has not always worked well, and ownership does not matter as there are both good and bad companies in both private and public sectors, SBI Chairman Rajnish Kumar said

Air India divestment: Narendra Modi, BJP should not ignore Subramanian Swamy's Twitter salvo against Jayant Sinha
Politics

Air India divestment: Narendra Modi, BJP should not ignore Subramanian Swamy's Twitter salvo against Jayant Sinha

Narendra Modi needs an urgent plan to take friendly fire from the maverick Hinduvta face ahead of the Lok Sabha elections next year.

Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plans
Business

Air India privatisation: 18,000 employees cannot hold nation to ransom; sale to set tone for other PSU divestment plans

If the 18,049 Air India employees are allowed to hold the country to ransom, then so will the employees of other loss-making government-owned firms.

Air India employee unions take to social media to protest against disinvestment plan
Business

Air India employee unions take to social media to protest against disinvestment plan

Worried over possible job losses post disinvestment, as many as 11 Air India unions representing more than 10,000 employees have taken to Twitter, YouTube, Instagram and Facebook to protest against the stake sale plan.

Disinvestment push: Govt to list NEEPCO, MSTC, invites bids from merchant bankers
Business

Disinvestment push: Govt to list NEEPCO, MSTC, invites bids from merchant bankers

The government plans to raise Rs 80,000 crore this fiscal through PSU disinvestment, as against over Rs 1 lakh crore in the previous fiscal

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier
Business

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier

Jet's announcement comes days after IndiGo pulled out of the race to acquire Air India's operations. The Centre now has no clear front-runner in the sale campaign.

Air India stake sale: National carrier's over 6,200 slots for flights could be a key attraction for bidders
Business

Air India stake sale: National carrier's over 6,200 slots for flights could be a key attraction for bidders

Air India has 3,739 domestic slots and 2,543 international slots available per week as on 31 December, 2017

Air India to recruit 500 cabin crew by May as more A320 aircraft to be inducted in fleet
Business

Air India to recruit 500 cabin crew by May as more A320 aircraft to be inducted in fleet

The official said Air India plans to hire 500 cabin crew to meet various requirements, including to comply with aviation regulator DGCA's revised norms wherein an airline should have a higher number of such staff

Govt making new list of sick units for strategic stake sale, says Niti Aayog CEO Amitabh Kant
Business

Govt making new list of sick units for strategic stake sale, says Niti Aayog CEO Amitabh Kant

The govt expects to raise Rs 80,000 crore from PSU disinvestment in the next fiscal, lower than Rs 1 lakh crore raised this financial year

Three public sector general insurance companies to meet on Friday to discuss merger
Business

Three public sector general insurance companies to meet on Friday to discuss merger

The three public sector general insurance companies will be meeting on 16 February to deliberate on the proposed merger plan, a top official of United India Insurance said