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At a floor price of Rs 94 a piece, sale of 5 per cent stake would fetch about Rs 800 crore to the exchequer. (Photo: DC/File)

NLC Divestment: Institutions bid for Rs 1,000 cr worth shares

Govt has already raised over Rs 19,000 crore through minority stake sale in PSUs in current fiscal.

25 Oct 2017 6:09 PM IST

Niti Aayog making new list of sick PSUs for divestment: Kant

NITI Aayog has already recommended 40 sick PSUs for strategic disinvestment.

21 Feb 2018 3:39 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Entities with sufficient funds, ability to run Air India can bid:...

Bidder who buys Air India would have to stay invested in the airline for at least three years.

19 April 2018 12:51 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Tata Group unlikely to bid for Air India as terms too onerous: sources

No company has come forward to say it is interested or to reaffirm previous interest.

11 April 2018 2:26 PM IST

In a relief to cash-strapped Air India, the government on Wednesday approved a proposal to enhance the expenditure for operation and maintenance of the carriers VVIP aircraft by nearly Rs 200 crore from Rs 336.24 crore.

Govt hikes annual maintenance cost of Air India's VVIP aircraft

The costs of these flights are reimbursed to the airline by the respective ministries.

4 July 2018 4:26 PM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Taking steps to protect interests of employees: Air India chief on...

The government is planning to invite bids for the national carrier next month.

8 Nov 2019 11:42 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Brokerages hopeful of govt meeting FY19 disinvestment target

Govt has garnered Rs 35,134.76 crore or 43.92 per cent of the divestment target of Rs 80,000 crore for FY 18-19.

24 Jan 2019 11:24 AM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Govt neither divesting nor privatising ONGC: Pradhan

Govt is not privatising the ONGC but adopting a new model wherein both public and private players can participate in oil...

3 July 2019 4:07 PM IST

In this representative image, commuters walk through ticket gates equipped with facial recognition systems at a metro station in Moscow on January 27, 2020. (Photo | AFP)

Microsoft to stop funding facial recognition startups, divests from...

As a minority investor, Microsoft does not have enough oversight to ensure that the startup's tech is not used for mass...

28 March 2020 2:27 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

No bids for Air India so far, won't extend deadline: Aviation secy

The government will not extend the deadline for submissions of interest in Air India, R N Choubey said.

30 May 2018 3:39 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank calls off move to divest stake in Canfin Homes

In December 2017, Canara Bank informed stock exchanges that it will offload 4 per cent stake in Canfin Homes.

31 March 2018 4:10 PM IST

Centre confused about Air India, claims Chidambaram

The senior Congress Party leader also lashed out at the Bharatiya Janata Party-led Centre over rising inflation prices.

12 Jun 2018 12:46 PM IST