Articles about Disinvestment

Nearly 2,000 employees of Air India (AI) have been asked to vacate the government-owned housing colonies in Delhi and Mumbai by July 26.

The debt-ridden Jet Airways, India's second-largest airline by market share, is desperate for cash, and has resumed talks with investment bankers for assistance in a stake sale.

In an attempt to revive the debt-ridden Air India, the government is considering selling the iconic Air India building at Nariman Point in Mumbai to the Jawaharlal Nehru Port Trust (JNPT).

After its unsuccessful bid to sell a 76% stake in cash-strapped flag carrier Air India, Prime Minister Narendra Modi-led government is now reportedly planning to offload a stake in state-run mining giant Coal India, the world's largest miner of fuel.

You must have been listening about some ruckus going around the flag carrier Air India.

IndiGo, India's largest domestic air carrier, which was among the first to express interest in buying Air India after the government announced its disinvestment, has now backed out, saying it doesn't have the capability required to successfully take on the airline's operations.

Initiating the disinvestment process for India's national carrier Air India (AI) on Wednesday, the government issued a preliminary information memorandum (PIM) offering to sell 76% of its stake in the Maharaja.

The government has called for bids for sale of 76% stake in Air India (AI), which has debts of Rs. 52,000cr.

Disinvestment-bound Air India plans to hire 500 cabin crew members as the national carrier prepares to induct more aircraft and meet new regulatory requirements.

Centre will split the debt-laden Air India (AI) into four separate entities by 2018-end under a divestment plan proposed by PM Narendra Modi. 51% stake in each entity would be sold.

Parliamentary Standing committee on Transport, Tourism and Culture plans to tell the government that this is not an appropriate time to privatize Air India (AI).

Even as the strategic sale of Air India (AI) proceeds, reports have emerged that it is in advanced talks with SBI for the sale of two residential properties.