Disinvestment
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State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
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Ceased To Be A State Entity: Supreme Court On Air India Post Disinvestment
Air India Limited (AIL) ceased to be State or its instrumentality under Article 12 of the Constitution after its disinvestment and take over by the Tata Group in January 2022, and no case of alleged violation of fundamental right would lie against it
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Tata Sons Eyes Mega Monetisation Of Assets Via Stakes Sale, IPOs
Tata Sons may be looking at a mega monetisation drive for the first time to raise funds for new businesses.
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Centre Not Crazy To Rush Out To Sell Everything: Minister On Disinvestment
Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".
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Over Rs 4 Lakh Crore Raised Through Disinvestment Since 2014, Says Centre
The government has raised over Rs 4.04 lakh crore through disinvestment and strategic sale of public sector enterprises since the Modi government came into power in 2014, the Finance Ministry said.
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Why ONGC Merger Not Explored, Congress On Pawan Hans Disinvestment
The Congress on Sunday raised questions over the deal to sale Centre's 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), asking why the government did not explore merging the firm with ONGC.
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Will Air India Continue To Be National Airline? What Minister Told NDTV
Air India returned to the Tata Group after nearly 70 years yesterday. The salt-to-steel conglomerate won the bid to take over Air India in October, after years of struggle by the government to privatise the airline.
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Supreme Court Orders CBI Probe In Centre's 2002 Hindustan Zinc Disinvestment
Two decades after the first NDA government decided to divest stake in Hindustan Zinc Ltd (HZL) to a strategic partner - SOVL, the Supreme Court Thursday ordered the CBI to register a case into the various alleged irregularities.
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"Reset": What Anand Mahindra Said On Tata Sons Winning Air India Bid
Industrialist Anand Mahindra has welcomed the government's announcement of Tata Sons winning the bid for Air India, saying the disinvestment of the national carrier amounts to a "reset" of the Indian business environment.
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Disinvestment Process Of Air India Is On Track: Jyotiraditya Scindia
Union Civil Aviation Minister Jyotiraditya Scindia on Thursday said the disinvestment process of national carrier Air India was on the "right track".
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Choice "Between Disinvestment And Closing Down": Minister On Air India
Air India will be "100 per cent disinvested" and it "must find a new home", Civil Aviation Minister Hardeep Puri said today on the disinvestment process of the debt-ridden national carrier. He said prospective buyers have been given 64 days to come with their bids.
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RSS' Labour Wing To Protest Against Disinvestment
Annoyed over the BJP-led centre's proposed disinvestment of State-run firms, RSS-affiliated labour union Bharatiya Mazdoor Sangh (BMS) on Saturday said it will launch a phased agitation across the country spanning over eight months against the privatisation of public sector enterprises.
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"Rumours Of Shutdown Baseless, Will Continue To Fly": Air India Chief
Air India chief Ashwani Lohani on Saturday said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless", weeks after he told the Civil Aviation Ministry that the carrier's financial situation was "grossly untenable" for sustaining operations.
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"Air India Needs To Survive Till It Is Sold," Says Airline Chief
As the central government is planning to invite bids for Air India soon, its CMD said on Saturday that expecting a radical improvement in the airline bordering on a turnaround is an impractical thought "in this environment of disinvestment".
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Kerala Chief Minister Asks PM Modi To Stop BPCL's Disinvestment
Kerala Chief Minister Pinarayi Vijayan has sought Prime Minister Narendra Modi's intervention to stop the reported move to disinvest the state owned Bharat Petroleum Corproation LTD (BPCL).
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State-Owned Banks In Good Condition, Time To Push Disinvestment: SBI Report
The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday.
-
Ceased To Be A State Entity: Supreme Court On Air India Post Disinvestment
Air India Limited (AIL) ceased to be State or its instrumentality under Article 12 of the Constitution after its disinvestment and take over by the Tata Group in January 2022, and no case of alleged violation of fundamental right would lie against it
-
Tata Sons Eyes Mega Monetisation Of Assets Via Stakes Sale, IPOs
Tata Sons may be looking at a mega monetisation drive for the first time to raise funds for new businesses.
-
Centre Not Crazy To Rush Out To Sell Everything: Minister On Disinvestment
Union Finance Minister Nirmala Sitharaman on Saturday said the government is not crazy to rush out to sell everything and the Opposition fully understands the meaning of divestment but would still say "you are selling that off".
-
Over Rs 4 Lakh Crore Raised Through Disinvestment Since 2014, Says Centre
The government has raised over Rs 4.04 lakh crore through disinvestment and strategic sale of public sector enterprises since the Modi government came into power in 2014, the Finance Ministry said.
-
Why ONGC Merger Not Explored, Congress On Pawan Hans Disinvestment
The Congress on Sunday raised questions over the deal to sale Centre's 51 per cent stake in helicopter services provider Pawan Hans Ltd (PHL), asking why the government did not explore merging the firm with ONGC.
-
Will Air India Continue To Be National Airline? What Minister Told NDTV
Air India returned to the Tata Group after nearly 70 years yesterday. The salt-to-steel conglomerate won the bid to take over Air India in October, after years of struggle by the government to privatise the airline.
-
Supreme Court Orders CBI Probe In Centre's 2002 Hindustan Zinc Disinvestment
Two decades after the first NDA government decided to divest stake in Hindustan Zinc Ltd (HZL) to a strategic partner - SOVL, the Supreme Court Thursday ordered the CBI to register a case into the various alleged irregularities.
-
"Reset": What Anand Mahindra Said On Tata Sons Winning Air India Bid
Industrialist Anand Mahindra has welcomed the government's announcement of Tata Sons winning the bid for Air India, saying the disinvestment of the national carrier amounts to a "reset" of the Indian business environment.
-
Disinvestment Process Of Air India Is On Track: Jyotiraditya Scindia
Union Civil Aviation Minister Jyotiraditya Scindia on Thursday said the disinvestment process of national carrier Air India was on the "right track".
-
Choice "Between Disinvestment And Closing Down": Minister On Air India
Air India will be "100 per cent disinvested" and it "must find a new home", Civil Aviation Minister Hardeep Puri said today on the disinvestment process of the debt-ridden national carrier. He said prospective buyers have been given 64 days to come with their bids.
-
RSS' Labour Wing To Protest Against Disinvestment
Annoyed over the BJP-led centre's proposed disinvestment of State-run firms, RSS-affiliated labour union Bharatiya Mazdoor Sangh (BMS) on Saturday said it will launch a phased agitation across the country spanning over eight months against the privatisation of public sector enterprises.
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"Rumours Of Shutdown Baseless, Will Continue To Fly": Air India Chief
Air India chief Ashwani Lohani on Saturday said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless", weeks after he told the Civil Aviation Ministry that the carrier's financial situation was "grossly untenable" for sustaining operations.
-
"Air India Needs To Survive Till It Is Sold," Says Airline Chief
As the central government is planning to invite bids for Air India soon, its CMD said on Saturday that expecting a radical improvement in the airline bordering on a turnaround is an impractical thought "in this environment of disinvestment".
-
Kerala Chief Minister Asks PM Modi To Stop BPCL's Disinvestment
Kerala Chief Minister Pinarayi Vijayan has sought Prime Minister Narendra Modi's intervention to stop the reported move to disinvest the state owned Bharat Petroleum Corproation LTD (BPCL).
