Stake Sale
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Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore
If fully subscribed, the sale of over 82.22 crore shares or a 6.5 per cent stake at the given floor price will fetch about Rs 31,000 crore to the disinvestment kitty.
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"Next Generation Not Very Keen On...": VIP's Dilip Piramal On Selling Stake In Rs 6,800 Crore Luggage Company
Dilip Piramal, Chairman of luggage company VIP Industries, has said that the younger generation of his family is not interested in managing the business.
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WeWork Global In Talks To Sell Entire Stake In WeWork India: Report
Co-working firm WeWork Global, which has filed for bankruptcy in the US, is in talks with potential investors to sell its entire 27 per cent stake in WeWork India to monetise its investments, sources told Press Trust of India.
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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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Government To Sell Stake In Life Insurance Corporation Via IPO
The government has set a divestment target of Rs 2.1 lakh crore for FY21 compared with Rs 1.05 lakh crore target for the ongoing financial year. The
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India Open To Selling Part Of Air India To Foreign Airline: Report
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
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Plan To Revive Air India Going Through Government Approval: Jayant Sinha
The revival plan for debt-laden national carrier Air India is going through the government's approval process, an official said on Thursday.
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Government Did What It Could With "Sincerity" For Air India: PM Modi
Prime Minister Narendra Modi has said the government has done what it had to with "utmost sincerity" for Air India and emphasized the need to differentiate between lack of response to one sale offer and a policy decision.
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"Air India Stake Sale Review Soon," Says Centre After Plan Put On Hold
The government will soon review the plan for strategic disinvestment of Air India, Union Minister Jayant Sinha said today, a day after the centre said it has decided to put the stake sale in the national carrier on hold.
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Centre Puts Off Air India Stake Sale For Now, Says Senior Official
The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said today. The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt laden national carrier failed to attract any bidder.
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Government Open To Listing Air India After Failed Divestment: Source
The central government is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company.
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Air India Employees' Union Preparing Alternative Plan To Revive Airline
Air India's employee unions today said they were preparing an alternative plan to revive the debt-laden national carrier, a day after the government announced that not a single bid had been received for the proposed stake sale in the loss-making airline.
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Government Issues Clarifications On Air India Stake Sale
The government today came out with a set of clarifications on the proposed strategic disinvestment in Air India and said individuals other than the airline's employees would not be allowed to bid.
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Flipkart Stake Sale to Walmart Could Happen as Early as Next Week; Deal Pegged at $18 Billion
Walmart's purchase of new equity is likely to value Flipkart at at least $18 billion.
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Air India's $8.5 Billion Debt Pile To Be Split Before Stake Sale
The debt will be divided into sustainable and unsustainable debt, said Minister of State for Civil Aviation Jayant Sinha.
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Government To Sell 6.5% Stake In LIC For Over Rs 30,000 Crore
If fully subscribed, the sale of over 82.22 crore shares or a 6.5 per cent stake at the given floor price will fetch about Rs 31,000 crore to the disinvestment kitty.
-
"Next Generation Not Very Keen On...": VIP's Dilip Piramal On Selling Stake In Rs 6,800 Crore Luggage Company
Dilip Piramal, Chairman of luggage company VIP Industries, has said that the younger generation of his family is not interested in managing the business.
-
WeWork Global In Talks To Sell Entire Stake In WeWork India: Report
Co-working firm WeWork Global, which has filed for bankruptcy in the US, is in talks with potential investors to sell its entire 27 per cent stake in WeWork India to monetise its investments, sources told Press Trust of India.
-
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.
-
Government To Sell Stake In Life Insurance Corporation Via IPO
The government has set a divestment target of Rs 2.1 lakh crore for FY21 compared with Rs 1.05 lakh crore target for the ongoing financial year. The
-
India Open To Selling Part Of Air India To Foreign Airline: Report
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
-
Plan To Revive Air India Going Through Government Approval: Jayant Sinha
The revival plan for debt-laden national carrier Air India is going through the government's approval process, an official said on Thursday.
-
Government Did What It Could With "Sincerity" For Air India: PM Modi
Prime Minister Narendra Modi has said the government has done what it had to with "utmost sincerity" for Air India and emphasized the need to differentiate between lack of response to one sale offer and a policy decision.
-
"Air India Stake Sale Review Soon," Says Centre After Plan Put On Hold
The government will soon review the plan for strategic disinvestment of Air India, Union Minister Jayant Sinha said today, a day after the centre said it has decided to put the stake sale in the national carrier on hold.
-
Centre Puts Off Air India Stake Sale For Now, Says Senior Official
The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said today. The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt laden national carrier failed to attract any bidder.
-
Government Open To Listing Air India After Failed Divestment: Source
The central government is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company.
-
Air India Employees' Union Preparing Alternative Plan To Revive Airline
Air India's employee unions today said they were preparing an alternative plan to revive the debt-laden national carrier, a day after the government announced that not a single bid had been received for the proposed stake sale in the loss-making airline.
-
Government Issues Clarifications On Air India Stake Sale
The government today came out with a set of clarifications on the proposed strategic disinvestment in Air India and said individuals other than the airline's employees would not be allowed to bid.
-
Flipkart Stake Sale to Walmart Could Happen as Early as Next Week; Deal Pegged at $18 Billion
Walmart's purchase of new equity is likely to value Flipkart at at least $18 billion.
-
Air India's $8.5 Billion Debt Pile To Be Split Before Stake Sale
The debt will be divided into sustainable and unsustainable debt, said Minister of State for Civil Aviation Jayant Sinha.
