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Govt calls for bids to sell entire stake in Air India

Infrastructure

27 January, 2020

Govt calls for bids to sell entire stake in Air India

India said on Monday it plans to sell its entire stake in Air India, in a revised push to sell ......

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Slowing growth, widening deficit hint at tough choices for upcoming Budget

Economy

20 January, 2020

Slowing growth, widening deficit hint at tough choices for upcoming Budget

As she gets ready to present her second full Budget, finance minister Nirmala Sitharaman will have more than just fiscal ......

Banking, transport services disrupted as trade unions go on strike

Economy

08 January, 2020

Banking, transport services disrupted as trade unions go on strike

Tens of thousands of workers affiliated to trade unions led a strike in parts of India on Wednesday, disrupting transport ......

Grapevine: IndiGo, Etihad circle Air India; Hinduja Group eyes Jet Airways

General

31 December, 2019

Grapevine: IndiGo, Etihad circle Air India; Hinduja Group eyes Jet Airways

IndiGo, India’s largest airline by market share, and Abu Dhabi-based Etihad Airways have shown interest in ailing national carrier Air ......

Air India will have to shut if not privatised: Minister

Infrastructure

27 November, 2019

Air India will have to shut if not privatised: Minister

India’s state-run airline will have to cease operations if it is not privatised, the country’s junior minister for civil aviation ......

Govt plans strategic stake sales in 28 state-run companies

Economy

18 November, 2019

Govt plans strategic stake sales in 28 state-run companies

India’s cabinet has given ‘in-principle’ approval for the sale of strategic stakes in 28 state-run companies including state carrier Air ......

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

General

09 October, 2019

Grapevine: Multiples may lead Kissht funding; govt to invite bids for Air India soon

Multiples Alternate Asset Management Pvt. Ltd is in talks to lead a $60 million (about Rs 427 crore at current ......

Govt aims to sell Air India, other firms by March 2020: Official

Infrastructure

23 September, 2019

Govt aims to sell Air India, other firms by March 2020: Official

India aims to sell two or three state-owned firms to local or foreign firms to raise up to 600 billion ......

Govt open to selling part of Air India to foreign airline

Infrastructure

18 September, 2019

Govt open to selling part of Air India to foreign airline

India’s government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people ......

Budget 2019: Govt lifts disinvestment target, open to reducing stake below 51%

Finance

05 July, 2019

Budget 2019: Govt lifts disinvestment target, open to reducing stake below 51%

The Union government on Friday increased its disinvestment target to a record Rs 1.05 lakh crore for the current financial ......