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4 mins read

Jio Investor KKR buys controlling stake in Fogg maker Vini Cosmetics

American private equity firm KKR has invested $625 million for a controlling stake in Gujarat-based…

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1 min read

Govt raises Rs 11,500 cr from strategic sale of THDC, NEEPCO to NTPC

"DIPAM completed two more strategic disinvestment transactions. GoI's 74.49 per cent stake in THDC…

PTI   


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1 min read

Tata Sons submits financial bid for Air India, SpiceJet's Ajay Singh still in the race

Tata Sons has submitted a financial bid for Air India, among other bidders.

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2 mins read

Tata Steel's arm to buy debt-ridden Neelachal Ispat Nigam for ₹12,100 crore from government

The Centre's 'Alternative Mechanism' approved the bid for buying 93.71 per cent of shares of JV …

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4 mins read

LIC IPO: If you are a policyholder, this is how much discount you get

State-owned insurance behemoth Life Insurance Corporation of India (LIC) will launch its initial pu…

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2 mins read

Govt raises Rs 13,883 cr from strategic sale of THDCIL, NEEPCO, Kamrajar Port

"DIPAM completed two more strategic disinvestment transactions. GOI's 74.49 per cent stake in THDC…

PTI   


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1 min read

Govt gets Rs 293 cr from SPMCIL share buyback

In a tweet, Secretary DIPAM said, "DIPAM (Department of Investment and Public Asset Management) to…

PTI   


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2 mins read

BPCL asset valuer asked to submit valuation of company in 50 days

New Delhi, Nov 24 () In part indication of timelines for privatisation of India's second biggest st…

PTI   


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1 min read

Consultants roped in to evaluate land monetisation process for BSNL, MTNL: CMD

"For BSNL, 11 assets have been shortlisted for monetisation. The consultants will assess monetisat…

PTI   


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2 mins read

Tata Sons reportedly wins bid to takeover the ‘Maharaja’

SpiceJet founder Ajay Singh was also among the bidders, as per reports. Business Insider has rea…

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1 min read

Govt scouts for asset valuers for PDIL strategic sale

"DIPAM in the process of Strategic disinvestment of 100 per cent GoI equity shareholding in PDIL t…

PTI   


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1 min read

Government invites bids for selling its stake in Shipping Corporation of India

The Centre has expanded its strategic disinvestment plan for current fiscal initiating the sell-off…

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2 mins read

Need to see how divestment process can move fast, says offficial

Mumbai, Dec 16 () The government's divestment target of Rs 1.05 lakh crore for 2019-20 is important…

PTI   


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2 mins read

Business highlights

DCM26 AVI-ADANI-LD AIRPORTSAdani Group, AAI sign pacts for managing Ahmedabad, 2 other airportsMum…

PTI   


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1 min read

Air India extends date for submitting the bids to April 30 amid coronavirus crisis

With COVID-19 crisis escalating by the day impacting market and business sentiments, the government…

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1 min read

Coronavirus: Govt extends deadline to bid for Air India till Apr 30

In January, the government restarted the divestment process of Air India and invited bids for sell…

PTI   


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1 min read

Govt extends time till March 6 for bidders to pose queries on Air India sale

As a precursor to Air India sale, the Cabinet in February 2019 approved setting up AIAHL to transf…

PTI   


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1 min read

Govt to issue BPCL EoI in next few days

New Delhi, Feb 2 () The government will come out with the expression of Interest (EoI) inviting bid…

PTI   


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1 min read

BSNL has identified properties worth over Rs 20,000 cr for monetisation: CMD

New Delhi, Jan 5 () State-owned Bharat Sanchar Nigam Ltd has submitted details of 14 properties wor…

PTI   


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2 mins read

Government plans to sell 20% of its stake in National Fertilizers Ltd through 'offer for sale'

Centre plans to sell 20 per cent stake in National Fertilizers Ltd (NFL) through 'offer for sale'.