The government is readying the bid document to sell off its entire stake in the national carrier.
The Ministry of Railways has envisaged corporatisation of its seven production units and associated workshops under one entity called the Indian Railway Rolling Stock Company.
Slamming the move to corporatize railways' production units, UPA chairperson Sonia Gandhi accused the government of selling the country's assets to private players at a throwaway price.
The government has approved sale of its entire stakes in blue-chip oil firm BPCL, shipping firm SCI and cargo mover Concor.
Govt goes for Rs 1.05 lakh crore disinvestment target. Will it really help ailing PSUs like Air India?
The Air India Specific Alternative Mechanism (AISAM) has given the Central government a green light for the disinvestment process in Air India.
The government has decided to almost completely exit the airline saying the financial support being provided to the airline could be put to better use
A regular column on the essential buzz
Despite its huge assets, selling Air India is proving to be easier said than done. Here’s why.
Privatising or selling off India's PSU bank jewels may be a lucrative idea for a government that wants quick-fixes, but it is not really so.
The Minister of State for Civil Aviation said the information memorandum for the proposed strategic disinvestment of Air India would be issued in the next few...
Air India has an outstanding debt of Rs 51,890 crore
Privatisation of the national carrier, albeit in a way to rid the govt of the massive debts, also enables its investors to enjoy benefits that come...
It was a year of hardknocks for businessman Adani, and that of promises for Ambani.
The government has initiated the process for strategic disinvestment of debt-laden Air India as part of efforts to revive the national carrier.
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