The bids remain ‘alive’ and the government is examining legal provisions under the tendering framework that allows for bids to be accepted ...

An Air India aircraft made an emergency landing after an engine fire. Preliminary investigations point to improper maintenance work. A nozz...

Air India is undergoing a significant fleet overhaul, investing $400 million in refurbishing cabins with new seats, entertainment systems, ...

Hindustan Zinc has delivered exceptional returns of 1,400 times since Vedanta acquired it in 2002. An initial investment of Rs 1 lakh has g...

India faces challenges in its privatisation program. Three planned sales are under consideration for shelving due to weak investor interest...

India may set up a panel to identify public sector banks that can be privatized, including mid- and small-sized ones. The move comes after ...

Minister of state for finance Bhagwat Kishanrao Karad said the pandemic, energy transition issues and geo-political conditions affected sev...

The floor price for the OFS has been set at Rs 159 per share. This price is at a 7 per cent discount to the Rs 171.05 stock closing price o...

While GoI will need to handle these headwinds, there are a few steps that can be taken proactively to ensure that the privatisation journey...

Air India will now be able to better utilise the aviation bilateral rights with other countries. International travelers will, therefore, b...

Principal Economic Adviser Sanjeev Sanyal said that Finance Minister Nirmala Sitharaman has already outlined strategic and non-strategic se...

DIPAM is carrying out a privatisation exercise for four major PSUs — BPCL, Air India, Shipping Corporation of India and Concor. Private equ...

The finance minister had announced earlier this month that the government would privatize two of the 12 state banks in the country without ...

The spadework started late last year and 2020 was supposed to be the landmark year in India's history of privatisation with at least three ...

From what Modi and many ministers have said, one can be fairly convinced that there is full understanding in this govt that it must get out...

The progress in privatisation in India has not been quite satisfactory and has encountered significant roadblocks making the process slow a...

Hindustan Petroleum and Bharat Petroleum have not been included in the agenda of the cabinet committee on disinvestment meeting scheduled f...