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...
28 Oct, 2022, 03.58 PM IST
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...
14 Oct, 2022, 09.54 AM IST
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...
28 Sep, 2022, 11.31 PM IST
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...
29 Aug, 2022, 05.03 PM IST
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...
08 Mar, 2021, 04.08 PM IST
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...
03 Jan, 2021, 05.38 PM IST
Air India disinvestment process going on extremely well: Hardeep Singh PuriThe disinvestment process for Air India is going on "extremely well", Civil Aviation Minister Hardeep Singh Puri said on Friday.
06 Mar, 2020, 03.39 PM IST
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...
25 Feb, 2020, 07.42 AM IST
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.
05 Jul, 2019, 10.11 PM IST
Lot of interest for Air India stake sale: Civil Aviation SecretaryThe last date for submission of Expression of Interest (EoI) for the proposed 76 per cent stake sale in debt-laden Air India is May 31.
10 May, 2018, 01.06 PM IST
Watching Air India stake sale process 'closely', may get involved at later stage: IFCIFC, part of the World Bank Group, made it clear that it is currently not involved in the Air India disinvestment process.
15 Apr, 2018, 05.30 PM IST
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...
13 Apr, 2018, 10.08 PM IST
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...
10 Apr, 2018, 10.09 PM IST
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.
10 Apr, 2018, 04.39 PM IST
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 ...
03 Apr, 2018, 06.20 PM IST
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...
29 Mar, 2018, 10.36 PM IST
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...
29 Mar, 2018, 07.01 PM IST