Strategic Divestment
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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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Centre To Take Care Of Job Loss In Strategic Divestment, Says Minister
The government on Monday said that concerns related to job loss and other facilities will be taken care of when a central public sector company, working in a strategic sector, is divested.
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Air India Employees Consortium Disqualified From Divestment Process
Air India Employees Consortium submitted an ''expression of interest'', last year, to participate in strategic divestment of the national carrier Air India.
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Government Heading Towards Second Process of Air India Disinvestment
The two processes of the strategic disinvestment of Air India include -- submission of ''Expression of Interest'', which was completed on December 14, and the second process ''Request for Proposal''
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Concor To Issue Expression Of Interest For 30% Stake Sale This Month: Report
The government has decided to sell 30 per cent stake in the company to a strategic partner, along with transfer of management control. The government currently holds 54.8 per cent stake in Concor. The stake sale in this PSU will fetch the Centre Rs 5,500 crore.
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Successful Bidder Would Continue To Use Air India Brand: Civil Aviation Minister
The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment and has set March 17, as the deadline for submitting expression of interest. As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost airline Air I...
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Government Plans Strategic Stake Sales In 28 Companies
The government has so far raised Rs 17,364 crore ($2.43 billion) in the 2019-20 fiscal year ending in March, against the full-year's target of Rs 1.05 lakh crore.
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Why Is Fortis Buying Back Its Assets Less Than 7 Years After Divesting?
RHT Health Trust, which was originally named Religare Health Trust, netted Fortis about 510 million Singapore dollars when it listed in October 2012.
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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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Air India Sale Will Happen, But We're Open To Suggestions: Aviation Minister
"Suggestions" on Air India's strategic divestment are welcome but the proposed stake sale in the debt-ridden national carrier will go on, Civil Aviation Minister Ashok Gajapati Raju has said
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NITI Aayog Says It's 'Unviable' To Support Air India
Air India has a debt of Rs 51,890 crore. The government has initiated a process for strategic disinvestment of Air India.
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Government Invites Bids For Advisers On Air India's Divestment
According to two separate notices on the Department of Investment and Public Asset Management's website, the proposal for advisers have been invited to guide the government on financial and legal issues associated with the strategic disinvestment.
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Air India Stake Sale: Finance Minister Arun Jaitley Hints At Expeditious Decision
The Union Cabinet had in June given in-principle approval for strategic disinvestment of Air India and its five subsidiaries.
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Air India Seeks $740 Million Loan To Finance Purchase Of 6 Boeing Planes
The government is working on a strategic disinvestment of its stake in loss-making Air India.
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Daimler Considers Legal Split In Strategic Overhaul
Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. Separating Daimler's divisions could unlock value, with trucks and buses on their own worth 31 billion euros ($36 billion), analysts at Evercore ISI said...
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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.
-
Centre To Take Care Of Job Loss In Strategic Divestment, Says Minister
The government on Monday said that concerns related to job loss and other facilities will be taken care of when a central public sector company, working in a strategic sector, is divested.
-
Air India Employees Consortium Disqualified From Divestment Process
Air India Employees Consortium submitted an ''expression of interest'', last year, to participate in strategic divestment of the national carrier Air India.
-
Government Heading Towards Second Process of Air India Disinvestment
The two processes of the strategic disinvestment of Air India include -- submission of ''Expression of Interest'', which was completed on December 14, and the second process ''Request for Proposal''
-
Concor To Issue Expression Of Interest For 30% Stake Sale This Month: Report
The government has decided to sell 30 per cent stake in the company to a strategic partner, along with transfer of management control. The government currently holds 54.8 per cent stake in Concor. The stake sale in this PSU will fetch the Centre Rs 5,500 crore.
-
Successful Bidder Would Continue To Use Air India Brand: Civil Aviation Minister
The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment and has set March 17, as the deadline for submitting expression of interest. As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost airline Air I...
-
Government Plans Strategic Stake Sales In 28 Companies
The government has so far raised Rs 17,364 crore ($2.43 billion) in the 2019-20 fiscal year ending in March, against the full-year's target of Rs 1.05 lakh crore.
-
Why Is Fortis Buying Back Its Assets Less Than 7 Years After Divesting?
RHT Health Trust, which was originally named Religare Health Trust, netted Fortis about 510 million Singapore dollars when it listed in October 2012.
-
"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.
-
Air India Sale Will Happen, But We're Open To Suggestions: Aviation Minister
"Suggestions" on Air India's strategic divestment are welcome but the proposed stake sale in the debt-ridden national carrier will go on, Civil Aviation Minister Ashok Gajapati Raju has said
-
NITI Aayog Says It's 'Unviable' To Support Air India
Air India has a debt of Rs 51,890 crore. The government has initiated a process for strategic disinvestment of Air India.
-
Government Invites Bids For Advisers On Air India's Divestment
According to two separate notices on the Department of Investment and Public Asset Management's website, the proposal for advisers have been invited to guide the government on financial and legal issues associated with the strategic disinvestment.
-
Air India Stake Sale: Finance Minister Arun Jaitley Hints At Expeditious Decision
The Union Cabinet had in June given in-principle approval for strategic disinvestment of Air India and its five subsidiaries.
-
Air India Seeks $740 Million Loan To Finance Purchase Of 6 Boeing Planes
The government is working on a strategic disinvestment of its stake in loss-making Air India.
-
Daimler Considers Legal Split In Strategic Overhaul
Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. Separating Daimler's divisions could unlock value, with trucks and buses on their own worth 31 billion euros ($36 billion), analysts at Evercore ISI said...
