However, the industry called for an effective implementation of road map towards privatisation and asset monetisation, cautioning that re...Read More
By Staff Reporter
During the budget 2021, finance minister Nirmala Sitharaman announced Rs 1.75 lakh crore disinvestment plan. This is a positive move, st...Read More
By Kiran Nanda
The Budget is, indeed, positive for the economy, meeting broadly the expectations. It has opened numerous opportunities for domestic and ...Read More
Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over...Read More
Last week, an inter-ministerial meet was held to discuss the BPCL valuation process and setting of the reserve price.
The controversy following the recent publication of a report of an Internal Working Group of the RBI is not surprising, to say the least....Read More
The flexibility to potential investors on the quantum of the Rs 60,074 crore debt that they want to absorb will replace the current condi...Read More
To begin with, the government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-m...Read More
In a written reply to a question in the Lok Sabha, Singh said the government follows a policy of disinvestment through strategic stake sa...Read More
Qualified Institutional Placement (QIP) would be the most preferred way and public sector banks are likely to take a call on taking this ...Read More
If the Tata bid is put in on or before the final submission date of August 31 and as it looks at the moment, Tata will likely be the sole...Read More
The gazette notification comes amid the ongoing process of strategic disinvestment of Air India.
The government has already invited bids for strategic sale of national carrier Air India and oil major BPCL. However, their bid deadlines...Read More
The Tata group, which already has a footprint in the airlines business, has shown interest in acquiring Air India, which at one point of ...Read More
"There is a lot of interest in the market among investors for the companies on offer.
New Delhi: Civil Aviation Minister Hardeep Singh Puri's recent statement on closing down Air India if the divestment process is not succe...Read More
Mumbai: The government is unlikely to meet the Rs 80,000-crore disinvestment target by Rs 20,000 crore, leading to fiscal slippage, accor...Read More
Kolkata: The B M Khaitan-led Williamson Magor Group has mandated Kotak Mahindra Bank to find a strategic partner for its flagship Everead...Read More
New Delhi: The government is eyeing around USD 1 billion (about Rs 7,000 crore) from the sale of national carrier Air India in the next f...Read More
Mumbai: Debt-laden Infrastructure Leasing & Financial Services (IL&FS) Group Thursday said that it has initiated a process to sel...Read More