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Air India divestment: Government may inform qualified bidders by January 30

The government was to intimate the bidders by January 5. People in the know of the developmen…

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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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From BPCL to BEML, four government companies to watch out for as India's Defence Minister prepares for a disinvestment meeting

A whole host of companies from Bharat Petroleum Corporation Limited (BPCL) to Bharat Earth Movers, …

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'Cabinet approved disinvestment of stake in NINL, not NMDC'

New Delhi, Jan 10 () NMDC Chairman and Managing Director N Brijendra Kumar on Friday said that the …

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NEA urges Centre to review NINL disinvestment decision

Koley said that NINL had achieved net profit up to2011-12. The NEA president claimed that the compa…

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Air India regional office forms panel to identify employees who would go on leave without pay for upto five years

New Delhi, Jul 26 () Air India's northern regional office has formed a committee to identify the "r…

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Saudi Aramco, Exxon Mobil and others plans have till July 31 to bid for 52% stake in BPCL

The deadline for submitting the Expressions of Interest (EoI) for 52.98 per cent stake in the BP…

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Disinvestment proceeds to be used for creating infra for country: FM

New Delhi, Feb 3 () Finance Minister Nirmala Sitharaman on Monday said the money raised through dis…

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Over 60 Air India pilots COVID-19 positive, still face 'Wage Cuts': Executive pilots

Air India's executive pilots have urged the government to roll back the recently-announced 'Wage Cu…

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Air India disinvestment process going on extremely well: Puri

It has proposed selling 100 per cent stake in Air India along with budget airline Air India Express…

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India will reduce the number of central government companies⁠— some of them will get bigger and some will be sold to private players

India’s central public sector enterprises will exist only in ‘strategic sectors’ where the gover…

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Govt to focus on strategic stake sales to meet disinvestment target: DIPAM Secretary

"Many of our strategic transactions are going on and moving forward. There was little bit of disru…

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NMDC informs Steel Ministry about NMDC disinvestment rumours

New Delhi, Jan 13 () NMDC has informed the steel ministry about the confusion being created that th…

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We are evaluating Air India: Vistara chairman on national carrier's disinvestment

"We are evaluating Air India. Which company would not be interested in evaluating a sovereign airl…

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Hope disinvestment will deliver a strong, rejuvenated Air India: IATA

New Delhi, Jan 28 () Global airlines' grouping IATA on Tuesday expressed hope that the disinvestmen…

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Economic Survey 2020 has signs for what banks can expect from Nirmala Sitharaman's budget speech

Chief Economic Advisor KV Subramanian's latest survey has dedicated a lot of time and space to delv…

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3 mins read

Air India may opt for a BSNL-like voluntary retirement scheme to shed employee cost along with debt

The government wants to ensure that Air India is sold this time around, as it has also cut down the…

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Indian government sweetens Air India sale by slicing its debt burden by more than half

Air India is straddling a debt of ₹60,000 crore, and that has put a dampener on the government’s pl…

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Disinvestment-bound AI sets up panel to look into employees' issues

Mumbai, Jan 21 () Air India on Tuesday constituted a nine-member committee to look into staff-relat…

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Coronavirus: Govt may miss tax, disinvestment mop-up targets this fiscal

As the impact of coronavirus is widely expected to stay till June-end, officials expect mop-up fro…

PTI