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BPCL Privatisation News Today: Money! Special dividend to shareholders? Check latest stake sale update
Tue, Mar 02, 2021
BPCL may use Rs 9,876 crore proceed from stake sale in Numaligarh Refinery to pay a special dividend to shareholders, the biggest being Government of India.
Privatisation of PSU Banks: Modi government may do this - All you need to know
Tue, Feb 16, 2021
Privatisation of PSU Banks: In order to facilitate the privatisation of public sector banks, the government is likely to bring amendments to two legislations later this year.
Public Sector Banks Privatisation News: Big confirmation by Modi government - Check latest news update
Tue, Feb 02, 2021
In a big development, government proposed to privatise two public sector banks (PSBs) and one general insurance company in the next financial year.
Privatisation of Public Sector Banks is very unlikely in current fiscal - Here is why
Sun, Jun 14, 2020
It does not make any business sense to sell these lenders -- Indian Overseas Bank (IOB), Central Bank of India, UCO Bank and United Bank of India.
Government looking at exit options in ITDC's five-star Hotel Ashok
Wed, Oct 16, 2019
The news of the government exploring to privatise the property sent ITDC shares to a high surge and the stock closed at a record Rs 336 per share, up by Rs 39.20 or 13.21 per cent.
JNU students' union alleges varsity hiked fess for basic documentation
Tue, Dec 04, 2018
In its Academic Council meeting in October, the varsity had approved a proposal to hike fees for collecting no dues, degree certificates, migration, marksheets , duplicate copies of certificates, an official from the varsity said.
Indian Railways caught in this big row; workers' union fumes over Railways jobs "outsourcing"
Tue, Mar 13, 2018
The Railway workers also raised concerns over 100 per cent foreign direct investments (FDI) in the railways and said agreements with Alstom (France) and General Electric (USA) for manufacturing electric and diesel locomotives included contracts for maintenance by the foreign agencies for a period of 15 years.
Air India garnered Rs 445 crore from land assets in 6 years
Wed, Feb 07, 2018
Air India has been able to mop up Rs 445 crore from monetisation of its land assets since 2012, the government informed Parliament today.
Govt expects to generate Rs 1 lakh crore from disinvestment; Air India on the cards
Thu, Feb 01, 2018
The government has hiked the disinvestment target by over 10% to Rs 80,000 crore in FY19. Read all about it here.
What’s in store for Air India in Union Budget 2018?
Wed, Jan 31, 2018
The only state-run airline, Air India, may look forward to a special mention in the Union Budget of FY19.
Air India board of directors meet to discuss 'business plans'
Thu, Jan 18, 2018
The Board of Directors of the disinvestment-bound Air India met today under its new Chairman and Managing Director (CMD) Pradeep Singh Kharola.
Air India to be split into four before sale, says Aviation Minister Sinha
Mon, Jan 15, 2018
Stake sale of Air India will be split into four separate firms and will be completed by end of 2018.
Singapore Airlines says options open on Air India disinvestment
Thu, Jan 11, 2018
Singapore Airlines today said it will keep options open on Air India stake after the government allowed foreign carriers to own up to 49 per cent in the national carrier.
Air India disinvestment process moving 'expeditiously', says govt
Wed, Jan 10, 2018
The disinvestment process for Air India is proceeding expeditiously, a senior government official said today amid suggestions in certain quarters not to move ahead with the stake sale for now.
Call for massively scaling down unviable state-run banks
Mon, Dec 11, 2017
Terming performance of state-run banks as "substandard," noted academic Vijay Joshi has called for quick privatisation of viable ones and massive scaling down of those on the brink.
Ahead of privatisation, Air India eyes bumper staff buyout
Tue, Jul 18, 2017
Air India is drawing up a proposal to offer voluntary buyouts to just over a third of its 40,000 employees, a senior company official said, one of the largest such offers in India`s state sector, as the carrier slashes costs ahead of a 2018 sale.
IndiGo says keen only on Air India's international and low-cost units
Thu, Jul 06, 2017
IndiGo, owned by InterGlobe Aviation, last week expressed unsolicited interest in buying a stake in state-owned Air India.
Govt mulling VIP treatment for Babus on private airlines
Sat, Jun 24, 2017
After talks of Air India being privatised, the Ministry of Civil Aviation has approached private airlines to discuss VIP treatment of government officials on private airlines.
Tatas may be looking to pilot Air India again
Wed, Jun 21, 2017
It seems that the Tata Group may be piloting Air India once again.