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PRELIMINARY INFORMATION MEMORANDUM
Strait of Hormuz: Strategic chokepoint in shadow of geopoliticsThe Strait of Hormuz, a key chokepoint for the global trade of crude oil and liquefied natural gas, is at the centre of disputes in negotia...- US stocks today: US stocks end higher as Iran tensions ease; major tech-related shares jumpUS stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sentiment. Tech stocks led gains, wit...
- Diplomats hold US-Iran preparatory discussions at Swiss retreatThe Swiss foreign ministry said diplomats were in discussions at the luxury Burgenstock resort near Lucerne in central Switzerland, without...
- High-wire diplomacy delivered US-Iran deal but hardest stage lies ahead, sources sayPakistani mediators navigated complex negotiations, facing numerous roadblocks before a Qatari intervention helped secure a preliminary U.S...
- Government okays Skymap Pharmaceuticals' Rs 121-cr bid to buy IMPCLThe government has approved the sale of Indian Medicines Pharmaceutical Corporation Ltd. Skymap Pharmaceuticals Pvt Ltd will acquire the co...
- Government to invite EoIs for Concor privatisation this month"We are trying hard to issue the Preliminary Information Memorandum inviting Expression of Interest (EoI) for Concor as quickly as possible...
- IDBI Bank trades lower as divestment gets delayedIn an amendment to the Preliminary Information Memorandum for inviting Expression of Interest, the bank in a filing said on Thursday that t...
- Shriram Group likely to submit EoI for IDBI BankWhile talks to form a consortium with financial investors are also underway, Shriram has not reached a mutually acceptable commercial arran...
- Centre terminates Central Electronics divestment processIn November last year, the government approved the sale of CEL - a public sector enterprise under the Department of Scientific and Industri...
- Govt scraps sale of CEL to Nandal Finance; decision on Pawan Hans likely in SeptemberIn November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industr...
- Employee consortium bid for Air India rejectedWith the rejection of the employee consortium, chances of foreign fund Interups owning stake in Air India has also taken a hit. US-based fu...
- Govt to divest 26% stake in BEML, invites bids till March 1The government is aggressively going ahead with privatisation of state-run companies such as Bharat Petroleum Corporation Limited, Containe...
- Bidders get till March 6 to pose queries on Air India stake saleThe last date for putting bids is March 17 and interested bidders for Air India should have a net worth of Rs 3,500 crore. After its unsucc...
- SAIL invites global bids for three special steel unitsThe three units have been part of the government list for strategic disinvestment, following Cabinet nod in 2016.
- Govt comes out with fresh info memorandum for Pawan Hans divestmentThe latest memorandum has been issued days after the government withdrew the previous note apparently due to a tepid response from investor...
- Bidders trying to buy Air India at lower price through pressure: Manish TewariThe former information and broadcasting minister took to Twitter to state his observation and tagged an article about the airlines' decisio...
- Govt pulls out memo inviting bids for Pawan Hans saleThe whole process is being revisited as the PIM (preliminary information memorandum) failed to attract enough bidders, sources said.
- After Jet Airways, now Air India delays payment of March salariesGenerally, salaries are paid by the 30th or 31st of every month and in case of bank holidays around these dates, then payments are made in ...
- Government plans Employee Stock Option Plan for Air India employeesOn Wednesday, the Civil Aviation Ministry came out with the preliminary information memorandum for seeking Expression of Interest (EoI) for...
- Air India's over 6,200 slots for flights could be a key attraction for biddersThe low cost international arm Air India Express would be put up for sale apart from the national carrier's stake in AISATS, an equal joint...
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