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Jaypee group is selling its assets to reduce debt.

kotak, l&t, nbcc, jaypee infratech, expression of interest, nclt

JIL has an outstanding debt of nearly Rs 9,800 crore, of which Rs 4,334 crore pertains to IDBI.

20 Nov 2018 12:46 PM GMT

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

Important queries raised by parties on Air India disinvestment:...

Without elaborating the type and nature of the issues raised, he said the queries are interesting in nature.

26 April 2018 9:55 AM GMT

BPCL was set up on January 1, 1970 as an import substitution unit for manufacturing sophisticated process pumps and compressors.

Govt invites EoI for strategic sale of Bharat Pumps

Government is eyeing Rs 80,000 crore through disinvestment in 2018-19.

17 April 2018 9:18 AM GMT

Oil and Natural Gas Corporation or ONGC is a state-owned entity.

Cabinet delegates powers to oil, finance ministers to award oil blocks

Till now, only the Cabinet headed by Prime Minister had the powers to approve award of an block.

11 April 2018 11:20 AM GMT

The government has withdrawn the preliminary information memorandum for proposed disinvestment of helicopter services provider Pawan Hans.

Govt pulls out memo inviting bids for Pawan Hans sale

Pawan Hans is a joint venture under the civil aviation ministry and state-owned ONGC.

10 April 2018 9:55 AM GMT

AAI has received expression of interest from a few foreign companies for setting up remote air traffic control towers amid efforts to connect more number of unserved airports.

AAI receives interest from foreign players for remote ATC towers

A large number of airports are set to be connected under the government's ambitious Regional Connectivity Scheme.

8 April 2018 8:20 AM GMT

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

On-the-block Air India looks to renew flying permit

The DGCA has already renewed the SOP of Air India Express.

6 April 2018 1:31 PM GMT

Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Govt to re-plan Air India stake sale after oil prices, forex rates...

The stake sale plan did not attract any bidders when the deadline for submitting Expression of Interest ended on May 31.

18 July 2018 1:42 PM GMT

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

Air India seeks Rs 2,100 cr from govt to meet its operational costs

The stake sale proposal of Air India showed muted response from the investors last month.

11 July 2018 7:19 AM GMT

The US decision came after the Indian Government recently made request for LAIRCAM SPS, given the high-level threat to the prime minister and the president. (Photo: Air India | twitter)

Govt to extend deadline for submission of bids for sale of AI's ground...

Proceeds from the sale of these four subsidiaries would be used to pay off Air India's debt.

15 April 2019 9:27 AM GMT

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI invites EoI to sell two dud accounts to recover Rs 423 crore

The e-auction for the NPA accounts -- Kamachi Industries and SNS Starch --is scheduled for April 25, 2019.

8 April 2019 9:26 AM GMT

According to a report by the Delhi traffic police, at least five lakh vehicles pass through ITO-crossing and Bhairon Marg near Pragati Maidan everyday. (Photo: PTI)

Consultants invited for intelligent traffic management

Delhi has witnessed a steep rise in population over the last three decades.

14 May 2019 8:50 PM GMT