divestment

JSPL to launch additional bidding process for power arm divestment

JSPL to launch additional bidding process for power arm divestment

Jindal Steel and Power Limited (JSPL) has decided to launch an additional transparent competitive bidding process for the proposed stake ...Read More

Air India sale: Financial bids likely to be received from QIBs by September 15, says Minister

Air India sale: Financial bids likely to be received from QIBs by September 15, says Minister

Financial bids for Air India are likely to be received from qualified interested bidders (QIBs) by September 15 this year, Minister of St...Read More

Privatisation to unleash exciting opportunities, boost investment: India Inc

Privatisation to unleash exciting opportunities, boost investment: India Inc

However, the industry called for an effective implementation of road map towards privatisation and asset monetisation, cautioning that re...Read More

Budget 2021: India’s disinvestment plans are positive; the focus should be on implementation

Budget 2021: India’s disinvestment plans are positive; the focus should be on implementation

During the budget 2021, finance minister Nirmala Sitharaman announced Rs 1.75 lakh crore disinvestment plan. This is a positive move, st...Read More

Budget 2021: More of a directional Budget; fulfils hopes but runs short on fears

Budget 2021: More of a directional Budget; fulfils hopes but runs short on fears

The Budget is, indeed, positive for the economy, meeting broadly the expectations. It has opened numerous opportunities for domestic and ...Read More

Moody's expresses doubts on higher revenue targets from tax, divestment

Moody's expresses doubts on higher revenue targets from tax, divestment

Moody's Investors Service, while silent on the sovereign rating on the higher-than-expected fiscal deficit numbers, expressed doubts over...Read More

BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global, I Squared Capital arm in race

BPCL bid evaluation meet on Tuesday; Vedanta, Apollo Global, I Squared Capital arm in race

Last week, an inter-ministerial meet was held to discuss the BPCL valuation process and setting of the reserve price.

Divest old  banks, don’t start new ones

Divest old banks, don’t start new ones

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

Govt likely to extend Air India bid deadline to Dec 14; investors to get flexibility on debt

Govt likely to extend Air India bid deadline to Dec 14; investors to get flexibility on debt

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

Air India bid deadline may be extended till Dec 15, govt to ease asset valuation norm

Air India bid deadline may be extended till Dec 15, govt to ease asset valuation norm

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

20 CPSEs, units in pipeline for strategic sale: FinMin

20 CPSEs, units in pipeline for strategic sale: FinMin

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

SBI, PNB, BoB may go for share sale this fiscal

SBI, PNB, BoB may go for share sale this fiscal

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

Tata group may take Air India's control by Jan 1 if it is sole eligible bidder

Tata group may take Air India's control by Jan 1 if it is sole eligible bidder

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

Govt notifies amended FDI policy on civil aviation

Govt notifies amended FDI policy on civil aviation

The gazette notification comes amid the ongoing process of strategic disinvestment of Air India.

Travel curbs slow PSU divestments

Travel curbs slow PSU divestments

The government has already invited bids for strategic sale of national carrier Air India and oil major BPCL. However, their bid deadlines...Read More

Tata group sole contender for Air India

Tata group sole contender for Air India

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

Govt may miss FY20 divestment target by Rs 400-500 billion

Govt may miss FY20 divestment target by Rs 400-500 billion

"There is a lot of interest in the market among investors for the companies on offer.

Air India closure statement was insensitive and unwarranted, says staff union

Air India closure statement was insensitive and unwarranted, says staff union

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

Govt may miss divestment target by Rs 20K cr: Report

Govt may miss divestment target by Rs 20K cr: Report

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

Williamson Magor seeks strategic partner for Eveready

Williamson Magor seeks strategic partner for Eveready

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

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