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UK GOVERNMENT PRIVATISATION
In 1984, UK investors put £1,000 into British Telecom shares; 20 years later, reinvested dividends lifted the stake to £5,710The UK government began selling BT shares to the public on November 30, 1984, giving individual investors an opportunity to buy a stake in ...- Royal Mail announces up to 2,500 job cutsRoyal Mail is set to reduce its workforce by as many as 2,500 positions over the upcoming year as part of a significant organizational tran...
- Bankrupt Pakistan is trying to sell PIA again after no buyer last year; Asim Munir-backed Fauji Foundation also in the racePIA Privatisation: Pakistan plans to sell its national airline, PIA, through a live bidding process on December 23. This privatization is a...
- Britain lifts ban on Pakistani airlinesGreat Britain has removed the ban on Pakistani airlines. This ends a five-year restriction that started in June 2020. The ban followed a pl...
- Time to polish our public sector ratnas: Creating an Indian sovereign wealth fund to recast jewelsIn May 2020, as part of the Atmanirbhar Bharat package, the Indian government unveiled a bold new Public Sector Enterprise (PSE) policy.
- Pakistan national airline hopes to resume Europe flights soon after regulator lifts banPakistan International Airlines (PIA) plans to restart flights to Europe and the UK soon after the EU aviation regulator lifted the ban. PI...
- Pakistan to privatise loss-making national airline; govt plans to outsource airport operations in line with IMF dealThe committee also backed the hiring of a financial adviser to process the transaction of Roosevelt Hotel, New York, an asset of the PIAInv...
- Govt should sell all its stake in PSU banks, insurers, says Prem WatsaHyderabad-born Watsa is the founder and chairman of the $53-billion Toronto-based investment giant Fairfax Financial Holdings. He was respo...
- Airport privatisation: Wrong to assume private sector has all answers, says IATA chiefThe IATA chief said the airlines have "not yet experienced an airport privatisation that has fully lived up to its promised benefits over t...
- Corporatise Air India to improve efficiencies, says IATA"The lesson from the UK privatisation has been the efficiency gain that came before the government privatised," said IATA chief economist B...
- Privatisation of aviation infra in India failed to deliver results: IATA chief Alexandre de JuniacReferring to the threatening security situation, the IATA chief said "the freedom that is at core of aviation remains a target for terroris...
- FDI in railways should be examined carefully, quickly: Eco Survey 2014A proposal has been initiated by the Indian Railways for making suitable changes in the existing FDI policy to foster creation of world-cla...
- Rothschild may draw up divestment roadmapThe government may rope in merchant banker NM Rothschild to put in place a detailed roadmap for selling stakes in state-owned companies, ac...
- Postal privatisation may cost 50,000 jobs in UK: ReportAs many as 50,000 people may lose their jobs in the country due to a partial privatisation of the state-owned postal service Royal Mail, sa...
- IATA chief warns Japan on airport privatisationThe head of the International Air Transport Association urged Japan on Thursday to avoid repeating the same mistakes as in past airport pri...
- Privatisation: Jargons simplifiedIn the months after the new government takes office, one may look forward to the public offers by aluminium major Nalco and oil heavyweight...
- Privatisation is a success story worldwide: Peter YoungPrivatisation is the answer to many a problem besetting the industry worldwide, says Peter Young, Director of UK based Adam Smith Institute.
- Nitish rules out privatisation of RailwayRailway Minister Nitish Kumar on Saturday ruled out the possibility of privatisation of Railways.
- It's work as usual for Shourie's menBusiness as usual too becomes news, when business seemed to be on the verge of winding up.
- Merchant bankers await september 7 verdictIt may not be just about HPCL and BPCL disinvestment. The September 7 meeting of the Cabinet Committee on Disinvestment is seen as crucial ...
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