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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 ......

Government clarifies still planning to sell Air India

Infrastructure

28 June, 2019

Government clarifies still planning to sell Air India

India clarified on Thursday that plans to sell debt-laden state-run carrier Air India were still on track, hours after a ......

Government shelves plan to sell Air India for now

Infrastructure

27 June, 2019

Government shelves plan to sell Air India for now

India has put on hold plans to sell a stake in debt-laden state-run carrier Air India because of high oil ......

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Budget 2019: Why India needs a more meaningful disinvestment strategy

Finance

26 June, 2019

Budget 2019: Why India needs a more meaningful disinvestment strategy

Days after Prime Minister Narendra Modi assumed office for a second five-year term, the government’s policy think-tank Niti Aayog said ......

Can lenders pull back Jet Airways from the brink of collapse?

Infrastructure

18 April, 2019

Can lenders pull back Jet Airways from the brink of collapse?

Once India's biggest private air carrier, Jet Airways, which grounded operations on Wednesday, can now only depend on investors to ......

Govt simplifies PSU stake sales, clears plan to revive stressed power projects

Infrastructure

07 March, 2019

Govt simplifies PSU stake sales, clears plan to revive stressed power projects

India has approved legislation that will simplify the sale of the government's stakes in state-run companies, finance minister Arun Jaitley ......

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Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Infrastructure

04 March, 2019

Policy Tracker: UDAN struggling to take off, but Adani is lighting up the runway

Strange, yet interesting. That pretty much sums up India’s aviation sector at the moment. Even as dozens of new airports are ......

Govt may aim to raise $11 bn from divestment in FY20

Finance

23 January, 2019

Govt may aim to raise $11 bn from divestment in FY20

The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned ......