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PRIVATISATION BID
IDBI Bank share price rockets 19%. What’s triggering the massive surge?IDBI Bank shares rose sharply on Wednesday, extending a four-session rally amid heavy trading volumes and renewed optimism around the lende...- IDBI Bank stake sale back on table; Centre explores revival optionsThe bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- 'Want to see Strait of Hormuz opened; no privatisation, no tolls': Australian PM Anthony AlbaneseIn a post on X, following his participation in a virtual Leaders' Summit on the Strait of Hormuz co-hosted by French President Emmanuel Mac...
- Centre may seek revised bids from two suitors for IDBI BankGovernment may seek revised financial bids for IDBI Bank. Original offers fell below the set reserve price. This strategic sale is crucial ...
- India's privatisation drive derails because of weak investor interestIndia faces challenges in its privatisation program. Three planned sales are under consideration for shelving due to weak investor interest...
- Pakistan: PIA likely to be sold to a foreign government via SIFCPakistan International Airlines (PIA) may be sold to a foreign government after the Privatisation Commission rejected a Rs10 billion bid fr...
- Govt likely to invite financial bids for privatising NMDC Steel after commissioning blast furnace this monthOfficials expect the value of the company to go up once the blast furnace of the steel plant becomes operational. NSL is expected to have a...
- Can't talk of AI bid; its brand will be restored to previous glory after privatisation: SpiceJet CMDAccording to sources, financial bids put in by Singh and the Tata group for the debt-laden Air India were opened last month and were vetted...
- CESC's subsidiary emerges highest bidder for Chandigarh biz at Rs 871 croreThe company pipped six firms including Torrent Power that quoted Rs 606 crore, NTPC’s bid of Rs 563 crore and ReNew Power that quoted Rs 55...
- Put on hold privatisation of electricity distribution: AIPEF"Government must put on hold the privatisation of electricity distribution and stop entrusting the electricity departments of union territo...
- Government to move Supreme Court against HC stay on Chandigarh discom privatisationA senior government official said the Centre will build its case citing the private power distribution companies of Delhi and Mumbai, as it...
- Punjab and Haryana High Court stays Chandigarh electricity distribution company privatisation bidChandigarh was the first Union Territory to issue tender inviting bids to sell off its power distribution company. The Central government h...
- Air India to meet unions over privatisation on MondayThe development comes amid the government mulling to issue a preliminary information memorandum (PIM) early next month, which will lay the ...
- Union warns of united struggle against Air India sale bidACEU has also decided to launch a "united struggle" against privatisation bid which has already failed twice in the past, union said in a s...
- GVK to bid for for airports to be privatised by governmentGVK Power & Infrastructure, which operates the Mumbai and Bangalore airports in the country, is going to bid for all four airport to be pri...
- Airports privatisation bidding deadline extended due to 'HR issues'Government extended bidding deadline by private firms for management, operation and development of 4 AAI-run airports due to HR-related and...
- Essar, Tatas in fray for privatisation of Nigeria's PHCN: ReportAccording to the daily, an Essar consortium, Korean Electricity Power Corporation, Supertek and China Southern Power Grid are among 87 firm...
- GMR to bid for modernisation of Prague airportAfter successfully bidding for upgrading Turkey's Istanbul international airport, infrastructure major GMR will bid for the modernisation o...
- MFL, PPL sell off sans fertiliser policyENTHUSED by upholding of BALCO privatisation by Supreme Court, the government is understood to have decided to privatise Madras Fertilisers...
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