The government has decided to sell its entire 100 per cent stake in Air India under the proposed disinvestment process, Union minister Hardeep Singh Puri said on Thursday.The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment.
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Watch Govt to sell 100% stake in Air India as part of disinvestment With HD Quality.
The government has decided to sell its entire 100 per cent stake in Air India under the proposed disinvestment process, Union minister Hardeep Singh Puri said on Thursday.The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment.
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Watch Govt to sell 100% stake in Air India as part of disinvestment With HD Quality
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New Delhi: While speaking to ANI in Delhi on Monday, Congress leader Kapil Sibal on Air India’s disinvestment said that this is what the government will do and will sell all the valuable assets we have.
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Watch GoI has no money and so will sell all valuable assets - Kapil Sibal on Air India disinvestment With HD Quality
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Union Civil Aviation Minister Hardeep Singh Puri on Monday said the Centre has released a memorandum for seeking the Expression of Interest (EOI) for the strategic disinvestment of Air India (AI). 'The government today released the preliminary information memorandum for seeking the EOI for the strategic disinvestment of Air India. The newly constituted Air India Mechanism, headed by Home Minister, has approved to invite Expression of Interest from the interested bidders for strategic disinvestment of Air India,' Puri said at a press conference.
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Govt likely to sell its SUUTI stake in Axis Bank in two tranches, say sources to ET NOW's Ruchi Bhatia
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सरकार ने टाटा के हाथों महाराजा को बेचा | टाटा ग्रुप ने 18 हजार करोड़ में खरीदी Air India | #DBLIVE #AirIndia #TataSons #RatanTata #TataGroup #AirIndiaBidding
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In the biggest privatisation drive ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, shipping firm SCI and onland cargo mover Concor, as well as decided to cut shareholding in select public sector firms below 51 per cent to boost revenue collections that have been hit by slowing economy. Besides, the government will sell its entire holding in THDC India and North Eastern Electric Power Corp Ltd (NEEPCO) to state power generator NTPC Ltd, Finance Minister Nirmala Sitharaman announced.
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Winter Session of Parliament | Adhiranjan Chaudhary in Lok Sabha on PSU disinvestment
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In a pre-emptive move to avoid another spell of President's Rule, the Shiv Sena-Nationalist Congress Party-Congress' proposed 'Maha Vikas Aghadi' on Monday staked its claim to form the government in the state, a party office-bearer said. 'Delegations of the three parties with their respective leaders at Raj Bhavan to register our claim to form the government in the future as the present government in the state is definitely going to fall,' NCP National Spokesperson told IANS.
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