Disinvestment

Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).

Finance Minister Nirmala Sitharaman has said that from October 15 onwards a credit outreach programme will be started across the country.

Centre has given tax exemption on transfer of assets by the national carrier to its special purpose vehicle Air India Assets Holding Limited.

Larsen & Toubro (L&T) Share Price: On Tuesday, L&T opened on the BSE at Rs 1,663.40, swinging to an intra day high of Rs 1,673.30 and an intra day low of Rs 1,645.85, so far.

Union Civil Aviation Minister Jyotiraditya Scindia on Thursday said the disinvestment process of national carrier Air India was on the "right track".

Government is aiming to complete privatisation of Air India and Bharat Petroleum Corporation Limited (BPCL) during the current financial year.

The move would facilitate privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL).

The Centre is likely to receive financial bids for its 100 per cent stake sale in Air India, by September 15, 2021 from qualified interested bidders.

The modalities of LIC's initial public offering such as issue size, pricing and timing will be decided by a panel headed by Finance Minister Nirmala Sitharaman

Economy will register a double-digit growth in the current fiscal and disinvestment climate also looks better, said the Niti Aayog Vice Chairman.

The government has brought Department of Public Enterprises (DPE) under the Finance Ministry in a bid facilitate its ambitious disinvestment programme.

Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.

Cairn has identified $70 billion of Indian assets overseas for potential seizure to collect the award, which now totals $1.72 billion.

Commerce Ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100 per cent foreign investment in oil and gas companies

In her Budget Speech 2021, Finance Minister Nirmala Sitharaman said the Initial Public Offer (IPO) of LIC would be floated in 2021-22 as part of the ambitious Rs 1.75 lakh crore disinvestment target.

Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).

Finance Minister Nirmala Sitharaman has said that from October 15 onwards a credit outreach programme will be started across the country.

Centre has given tax exemption on transfer of assets by the national carrier to its special purpose vehicle Air India Assets Holding Limited.

Larsen & Toubro (L&T) Share Price: On Tuesday, L&T opened on the BSE at Rs 1,663.40, swinging to an intra day high of Rs 1,673.30 and an intra day low of Rs 1,645.85, so far.

Union Civil Aviation Minister Jyotiraditya Scindia on Thursday said the disinvestment process of national carrier Air India was on the "right track".

Government is aiming to complete privatisation of Air India and Bharat Petroleum Corporation Limited (BPCL) during the current financial year.

The move would facilitate privatisation of India's second-biggest oil refiner Bharat Petroleum Corp Ltd (BPCL).

The Centre is likely to receive financial bids for its 100 per cent stake sale in Air India, by September 15, 2021 from qualified interested bidders.

The modalities of LIC's initial public offering such as issue size, pricing and timing will be decided by a panel headed by Finance Minister Nirmala Sitharaman

Economy will register a double-digit growth in the current fiscal and disinvestment climate also looks better, said the Niti Aayog Vice Chairman.

The government has brought Department of Public Enterprises (DPE) under the Finance Ministry in a bid facilitate its ambitious disinvestment programme.

Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.

Cairn has identified $70 billion of Indian assets overseas for potential seizure to collect the award, which now totals $1.72 billion.

Commerce Ministry has floated a draft cabinet note seeking views on a proposal to allow up to 100 per cent foreign investment in oil and gas companies

In her Budget Speech 2021, Finance Minister Nirmala Sitharaman said the Initial Public Offer (IPO) of LIC would be floated in 2021-22 as part of the ambitious Rs 1.75 lakh crore disinvestment target.