Search For "disinvestment"
Air India was facing daily losses of Rs 20 crore; had to sell: Centre to D
Updated : 4 years, 4 months ago IST
New Delhi [India], January 4 (ANI): The Delhi High Court was informed on Tuesday by the Union of India that Air India was in continuous losses and the government could not afford further losses. There were losses of Rs. 20 crore daily approximately and it could not allow wastage of more publ
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Delhi HC reserves order on Subramanian Swamy plea seeking quashing of Air
Updated : 4 years, 4 months ago IST
New Delhi [India], January 4 (ANI): The Delhi High Court on Tuesday reserved the order for January 6, 2022, on BJP MP Subramanian Swamy's petition seeking quashing of Air India disinvestment process and investigation into the role and functioning of the respondent authorities.
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Subramanian Swamy moves Delhi HC seeking quashing of Air India disinvestme
Updated : 4 years, 4 months ago IST
New Delhi [India], January 3 (ANI): Subramanian Swamy, Rajya Sabha Member of Parliament from Bhartiya Janta Party (BJP) moved the Delhi High Court seeking to quash the Air India Disinvestment process.
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Government receives financial bids for NINL disinvestment
Updated : 4 years, 5 months ago IST
New Delhi [India], December 23 (ANI): The Government has received financial bids for strategic disinvestment of Neelanchal Ispat Nigam Limited (NINL), Secretary, Department of Investment and Public Asset Management (DIPAM) said on Thursday.
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Government approves strategic disinvestment of Central Electronics Ltd.
Updated : 4 years, 5 months ago IST
New Delhi [India], November 30 (ANI): The Union Government has approved the strategic disinvestment of Central Electronics Ltd.
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Air India has outstanding dues of Rs 2000 cr for landing, says AAI
Updated : 4 years, 6 months ago IST
New Delhi [India], November 3 (ANI): Air India has to pay outstanding dues of Rs 2,000 crore to the Airport Authority of India (AAI) related to landing, parking and other charges, said the Chairman of AAI.
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Bhartiya Mazdoor Sangh to hold nationwide protest against disinvestment of
Updated : 4 years, 7 months ago IST
New Delhi [India], October 23 (ANI): RSS affiliated Bhartiya Mazdoor Sangh will hold a nationwide protest on October 28 against the government's move to disinvest the public sector enterprises.
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After Air India, govt to disinvest BPCL, float LIC IPO by last quarter of
Updated : 4 years, 7 months ago IST
New Delhi [India], October 14 (ANI): Following the successful completion of the disinvestment of Air India, the government expects to carry out the divestment of BPCL in the current financial year. The government will also come up with Initial Public offerings (IPO) of Life Insurance Company
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Tata Sons will retain all AI employees for one year, can offer VRS in seco
Updated : 4 years, 7 months ago IST
New Delhi [India], October 8 (ANI): The government said on Friday that Tata Sons, which won the bid to acquire Air India, will retain all employees for one year and the group will need to offer a voluntary retirement scheme if it decides on retrenchment after the period.
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Tata Sons wins bid to acquire Air India for Rs 18000 crore
Updated : 4 years, 7 months ago IST
New Delhi [India], October 8 (ANI): Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, has won the bid for acquiring Air India, marking the end of the process to privatise the national carrier with the government approving its disinvestment.
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Air India disinvestment: Tata Sons now have great responsibility to serve
Updated : 4 years, 7 months ago IST
Dehradun (Uttarakhand) [India], October 8 (ANI): Union Civil Aviation Minister Jyotiraditya Scindia on Friday congratulated Tata Sons for acquiring the national carrier Air India adding that the Group now has a great responsibility to serve the people of the country with excellent service.
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Reports of Tata winning bid of Air India disinvestment are 'incorrect': Go
Updated : 4 years, 7 months ago IST
New Delhi [India], October 1 (ANI): Department of Investment and Public Asset Management (DIPAM) secretary on Friday termed media reports indicating approval of financial bids by the Central government in the Air India disinvestment as 'incorrect'.
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