Tax implication of bearing the flag has been a sticking point for suitors
The govt seeks to disinvest its 100% shareholding in the PSU, buyer to observe three-year lock in
The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.
As on August 31, Air India had a total debt of Rs 61,562 crore
With the Air India deal closed, the team at EY is gearing up for more government asset sale programmes
The panel headed by the cabinet secretary is yet to decide whether DIPAM can be empowered to take decisions on pricing matters for PSU privatisation
For public sector banks, the government is the superboard, with both ownership and regulatory powers under its belt. Is it ready to give up these powers?
Air India's sale process will be used as a case study for future asset sale and privatisation bids
The Union government had been trying to privatise public sector enterprises (PSEs) for four years through what it safely labels 'strategic sale'.
India's capital market regulator is unlikely to give exemption to the company acquiring BPCL from making mandatory open offers for Petronet LNG Ltd and Indraprastha Gas
The union minister was replying to a question about media reports stating Tatas have emerged as the top bidder for the takeover of debt-laden Air India
'So as the privatisation of Air India goes into the final lap, I can confirm it is only a one-horse race', says the author
This is the second attempt of the current Central government to divest its stake in the airline
The OFB is currently a defence ministry entity and supplies critical arms and ammunition to the three armed forces and the paramilitary
The process of bank privatisation would be different from the sale of any other PSU, and more restrictions and measures will have to be put in place, the official said
Chief Economic Adviser Krishnamurthy Subramanian on Sunday said history will look at this year as important for privatisation
Tweaking tax laws alone will not help
The plan to bring down the government's shareholding and the broad timeline for the sale would be shared with the ministry
AAI board okays merging major airports with smaller ones to attract investors
Toshiba started weighing options including privatization in May after weeks of takeover discussions sparked by private equity firm CVC Capital Partners' $21 billion acquisition bid