New Delhi [India], September 15 (ANI): The Tata Group has made its financial bid for the debt-laden national carrier Air India (AI) on Wednesday, said government sources.
New Delhi [India], September 15 (ANI): The government has initiated the process of financial bids for the debt-laden national carrier Air India (AI) on Wednesday as Aviation Minister Jyotiraditya Scindia made it clear that September 15 date for the process is fixed and will not change.
New Delhi [India], September 10 (ANI): The Central Board of Direct Taxes (CBDT) on Friday issued clarification regarding carrying forward of losses in case of change in shareholding due to strategic disinvestment.
New Delhi [India], August 13 (ANI): The government is an active participant in the recovery process and remains committed to reforms as is evident from a series of tangible steps taken including the passing of seven critical bills related to finance and corporate affairs in the monsoon sess
New Delhi [India], August 11 (ANI): The government plans to complete privatisation of Air India and Bharat Petroleum Corporation Ltd (BPCL) this year, Tuhin Kant Pandey, Secretary at the Department of Investment and Public Asset Management (DIPAM) said on Wednesday.
New Delhi [India], June 4 (ANI): Union Civil Aviation Minister (MoCA) Hardeep Singh Puri on Friday said that that the disinvestment process of Air India is getting delayed due to the second wave of the Covid pandemic and assured that the disinvestment process will happen in this year.
Mumbai (Maharashtra) [India], May 28 (ANI): S&P Global Ratings has affirmed BB long-term and B short-term foreign currency issuer credit ratings on IDBI Bank.
New Delhi [India], May 5 (ANI): The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday gave in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd.
New Delhi [India], April 1 (ANI): Air India has asked its officers to attend office on all Saturdays-- which is usually an off day-- to expedite the process of disinvestment of National Carrier.
Singapore, March 26 (ANI): There has been progress in Bharat Petroleum Corporation Ltd's (BPCL's) disinvestment following developments on key queries raised by potential buyers but multiple steps of the process remain outstanding, according to Fitch Ratings.
Hyderabad (Telangana) [India], March 16 (ANI): On the second day of their two-day national strike called by the United Forum of Bank Unions (UFBU), an umbrella body of nine bank unions, employees have said that their protest will continue until the government withdraws its proposed privatisa