Browsing Tag
Privatisation
33 posts
Congress questions Modi, Vijayan, Adani ‘special relation’
He alleged that Vijayan's opposition to handing over of Thiruvananthapuram Airport to Adani Group was a farce and facade to cover up other secret understandings.
LIC IPO to bring in Rs 1L cr, BPCL sale may fetch Rs 80k cr: CEA
He was of the view that the disinvestment target of Rs 1.75 lakh crore for the financial year 2021-22 was "imminently achievable".
Four Government Banks Shortlisted For Privatisation: Report
The government is considering mid-sized to small banks for its first round of privatisation to test the waters.
Privatisation hurts public- benefits only a handful of cronies: Rahul Gandhi
In a regulatory filing, the company said that the concession period is 50 years from the commercial operation date.
Only Tata, Spicejet now in the fray for Air India
In stage two, the shortlisted interested bidders will be provided with a request for proposal (RFP) and thereafter there will be a transparent bidding process.
Andhra protests Vizag steel plant privatization
Nearly all political parties and other organisations in the state, except the BJP, are taking part in the bandh, in response to a call by VSP workers unions
‘Sirf hamare do ka kalyan’: Rahul Gandhi reiterates ‘Hum Do Humare Do’ jibe against Centre
Continuing his attack on Prime Minister Narendra Modi, Congress leader Rahul Gandhi on Friday slammed the Centre for…
Andhra CM Jagan’s 3 suggestions to PM Modi to salvage Vizag steel plant
Visakhapatnam : Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Wednesday met with labour union leaders spearheading…
YSRCP to undertake ‘padayatra’ against steel plant privatisation
“Visakhapatnam is the heart of new Andhra Pradesh. The steel plant is like a heart to Visakhapatnam. If there is no steel plant, then we have no name,” said Naidu, reminding that 32 people sacrificed their lives decades ago for the plant.
Centre to infuse Rs 3,000 cr in PSU general insurers in Q4 FY21
The infusion will be done after the supplementary demands for grants is passed by parliament which will reconvene on March 8.
Govt to fetch Rs 60,000 crore from BPCL, Concor, SCI, BEML sale
The government plans to conclude the bidding process in four major PSUs -- BPCL, Shipping Corporation (SCI), Container Corporation (Concor) and BEML -- by November last as the stock market is heading to break above pre-Covid levels
Centre mulls closure of PSUs up for sale on case-to-case basis
Thakur noted that the government has given ‘in-principle’ approval for strategic disinvestment of 34 CPSEs, including subsidiaries and units of CPSEs.
Govt provides more flexibility to investors in BPCL privatisation
New Delhi, Sep 5 : The government has further eased the norms for prospective bidders interested in buying…
Govt signals thaw with assurance to review Air India pilots pay cut
After the meetings with the Minister, the Air India pilots now have a softer tenor in their approach towards the issues and are positive about a breakthrough.
Air India extends contentious LWP scheme’s deadline to September-end
Air India has extended the deadline for its controversial Leave Without Pay (LWP) scheme, which has been drawing strong protests from pilots and cabin crew.
Conspiracy to derail privatisation: Air India pilots to Puri
"This deliberate and unethical agenda of creating Industrial Disharmony reeks of a vested interest and a conspiracy to sabotage the National Carrier and derail the process of privatization", the pilots have told Puri.
Govt Sure BPCL Strategic Sale To Sail Through Without Further Extensions
New Delhi: Government is confident that the strategic sale of Bharat Petroleum Corporation Ltd (BPCL) may go through…
No option left for Air India but privatisation: Minister
New Delhi, Jul 16 : Civil Aviation Minister Hardeep Singh Puri on Thursday said that no other option…
Railways’ public-private partnership model to stimulate private investment: Report
"The PPP is likely to spur new private sector and even foreign investments in the railroad segment where many domestic and global players will b e keen to establish a foothold," the report said.
Congress alleges PPP model in Railways is “jugglery of words”
It said that it plans to allow private entities to operate passenger trains and the project would entail private sector investment of about Rs 30,000 crore.
Railways to invite pvt players for passenger train operations
New Delhi, July 1 : In a major push for the private entities in the Indian Railways, Union…
Goyal emphasises opportunities for private investors in railways
He also suggested the private sector to look at the option of elevated corridors along the national highways to avoid the delay in the process of land procurement.
Bharatiya Mazdoor Sangh ‘strongly opposes’ FM’s plans on privatisation
It also flayed the proposals to increase in Foreign Direct Investment in defence production from 49 to 74 per cent as well as privatisation of Ordnance Factory Board.
This time, no problem in Air India’s divestment: Minister
The net worth for eligible bidders has been relaxed to Rs 3,500 crore from Rs 5,000 crore.
Cabinet go-ahead for proposal on capital infusion for 3 PSUs
New Delhi, Feb 12 : The Union Cabinet on Wednesday approved a proposal for capital infusion and immediate…
CAG has not red flagged any fund diversion at SAIL: Minister
According to Pradhan, the last investment was made by SAIL in March 2015, which matured in March 2016. Thereafter, no investment was made as surplus funds were not available with SAIL for investment.
Hindustan Aeronautics’s 15% OFS likely early March
New Delhi, Feb 8 : Stepping up its efforts to achieve the target of Rs 65,000 crore in…
Govt nudges Air India to bid for Haj operations, tender extended
Pulling out aircraft from its operational schedule means adverse impact on connectivity and reduction in frequency.
Govt sets Rs 2.1 lakh cr disinvestment target for FY21
"Listing on the stock exchanges disciplines the company, provides access to financial markets and unlocks value. It also gives an opportunity to retail investors to take part in the wealth so created,"
All eyes on Air India EoI on Monday, likely suitors are Tatas, Hindujas
Industry sources said that some of the potential bidders could be Tata Group, Hindujas, IndiGo, SpiceJet and a few private equity firms.
Government stares at huge setback on sell-off front
New Delhi, Jan 2 : With the near impossibility of the government completing privatisation of Air India, Bharat…
Air India to be operational till privatisation: Minister to AI unions
New Delhi, Jan 3 : Civil Aviation Minister Hardeep Singh Puri has reassured Air India’s employees that the…
Allow us to resign without serving notice period: AI pilots’ body
"It is unfair for the Government of India to keep us bonded with the notice period while we are not being paid on time and our dues are not cleared," the letter said.