Disinvestment

Thursday, Apr 18, 2024 | Last Update : 11:27 PM IST

Finance Ministry issues modified circular on salary contribution to PM-CARES Fund

A circular issued on 17 April had urged officers and staff of inance ministry to contribute one-day's salary every month till March 2021

01 May 2020 10:16 AM

The last date for submitting expression of interest (EoI) is March 17 while the last date for queries related to the disinvestment is February 1.

Air India sale: Bidders to have access to all records in initial stage

The government would soon be appointing a technical and a legal advisor for carrying out the due diligence.

27 Jan 2020 1:31 PM

This is the second time in less than two years that the government has come out with proposal for selling stake in Air India. (Photo: File)

Government to sell 100 perr cent stake in Air India

Deadline for expressions of interest by bidders is March 17.

27 Jan 2020 10:11 AM

The meeting is expected to discuss the Preliminary Information Memorandum (PIM) on the Air India sale process, the source said.

Shah-led GoM's second meeting on Air India disinvestment likely today

The expression of interest could be invited 45 days after the uploading of the PIM document.

07 Jan 2020 9:37 AM

Banerjee said, 'Disinvestment is not a solution as it will deepen the current economic crisis. I think Prime Minister should speak with experts, if required he should call all a meeting of all political parties to discuss as this country belongs to all of us.' (Photo: ANI)

'PM should discuss disinvestment with all political parties and experts': Mamata Banerjee

WB CM said that disinvestment is not a solution as it will deepen the current economic crisis.

21 Nov 2019 6:41 PM

The AISAM panel would be meeting soon, most probably after the conclusion of the ongoing Parliament session on July 26. (Representational Image)

Amit Shah to head ministerial panel on Air India sale

The AISAM has been reconstituted. It is now a four- member panel, against five members earlier, said a source.

18 Jul 2019 3:54 PM

The government holds 51 per cent stake in Pawan Hans, which has a fleet of 43 helicopters.

Govt invites bids for strategic sale of Pawan Hans for 3rd time

The last date for submission of Expression of Interest (EoI) is August 22, 2019, and intimation to the short-listed bidder is Sept 12.

12 Jul 2019 8:53 AM

To a question on the decline of the domestic civil aviation market, Puri said that it is only a 'narrative' that the domestic civil aviation market is declining. (Photo: ANI)

Government would ensure Air India is purchased by an Indian entity: Puri

‘This is area privatization and disinvestment will work," he said replying to supplementaries in the Lok Sabha during the question hour.

11 Jul 2019 2:03 PM

Various options including issuance of fresh shares which could be subscribed by New India Assurance are also being explored, sources said.

Govt mulls various options for consolidation of PSU general insurers

The consolidation in the public sector general insurance companies is part of disinvestment strategy of the government.

23 Jun 2019 4:30 PM

A major portion of the .... (non-core) government assets is in the form of land and buildings, for the monetisation of which this RFE is being floated, DIPAM said.

Finance Ministry seeks consultants for sale of PSU land, buildings

The government is targeting to raise Rs 90,000 crore through CPSE disinvestment in current financial year.

10 Jun 2019 6:08 PM

The government holds 51 per cent stake in helicopter service provider Pawan Hans.

Pawan Hans sale: Govt to issue fresh bid, to indemnify buyers of contingent liability

The government has budgeted to raise Rs 90,000 crore from disinvestment in the current financial year.

20 May 2019 1:49 PM

The secretary also told Air India CMD that a list of all pending litigations have to be drawn up.

PMO wants quick disinvestment of Air India subsidiaries

Air India has a total debt burden of around Rs 55,000 crore.

12 May 2019 12:12 PM

The government holds 51 per cent stake in helicopter service provider Pawan Hans, and the remaining 49 per cent is with ONGC.

Govt puts Pawan Hans strategic sale on hold till election

Investors had time till March 6 to put in their financial bids for up to 100 per cent stake in Pawan Hans.

22 Apr 2019 3:32 PM

Finance Minister Arun Jaitley. (Photo: PTI)

Govt exceeds disinvestment target this fiscal, proceeds touch Rs 85 000 cr: Jaitley

For next fiscal the disinvestment target has been fixed at Rs 90,000 crore.

22 Mar 2019 4:38 PM

The government has been looking at ways, including sale of non-core assets, to bolster the carrier's fortunes. (Photo: File | AFP)

Govt to finalise Air India revival package in 10-15 days, says Choubey

Earlier this year, efforts for strategic disinvestment of the airline failed to take off.

05 Oct 2018 10:48 AM

The disinvestment of loss-making Air India will not happen in "near future", a senior government official today told a Parliamentary panel, according to sources.

Air India disinvestment will not happen in near future: Govt official

The carrier's debt burden was more than Rs 48,000 crore at the end of March 2017.

29 Aug 2018 7:04 PM

The government has so far mobilised Rs 9,219.91 crore from disinvestment proceeds that includes sale of 25 per cent stake through IPO of Mishra Dhatu Nigam Ltd.

Disinvestment plan to pick pace, 3 rail IPOs to hit market soon

Govt now wants to pack the time between now and Diwali to give a leg-up to its disinvestment programme.

20 Aug 2018 10:57 AM

Vajpayee, who died on Thursday at the age of 93 years, was decisive and pursued his reforms agenda with vigour without getting ruffled by criticism. (Photo: PTI)

Atal Bihari Vajpayee: a bellwether policy reformer of modern India

He was decisive and pursued his reforms agenda with vigour without getting ruffled by criticism.

16 Aug 2018 6:23 PM

Airline drew a blank in the first round of bidding with no private party showing up on the last day of bid submission on May 31.

Plans afoot to sell 2 Air India subsidiaries

Airline’s ground-handling & engineering units may be put on block.

09 Aug 2018 8:57 AM

The government is also working on ways to improve the performance of Air India.

Govt has no plan to completely exit Air India, says Sinha

As per its audited accounts, the airline's total cumulative losses stood at Rs 47,145.62 crore in financial year 2016-17.

02 Aug 2018 9:32 AM

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Syed Ata Hasnain

disinvestment