Disinvestment

Timelines
Jet Airways 'can't run after 60 days,' stake-sale attempts on

03 Aug 2018

Jet Airways 'can't run after 60 days,' stake-sale attempts on

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.

Mumbai's iconic Air India Building getting sold?

28 Jun 2018

Mumbai's iconic Air India Building getting sold?

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 Air India fiasco, Modi-govt now plans Coal India sale

18 Jun 2018

After Air India fiasco, Modi-govt now plans Coal India sale

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.

Shame Game: Let's decode the Air India disinvestment plan

02 Jun 2018

Shame Game: Let's decode the Air India disinvestment plan

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

IndiGo is no longer buying Air India

06 Apr 2018

IndiGo is no longer buying 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.

Here's all you need to know about Air India sale

30 Mar 2018

Here's all you need to know about Air India sale

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.

Government calls for bids for 75% stake-sale in Air India

28 Mar 2018

Government calls for bids for 75% stake-sale in Air India

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

Air India to hire 500 more cabin-crew staff by May

28 Feb 2018

Air India to hire 500 more cabin-crew staff by May

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 to divide Air India into 4 firms before sale

16 Jan 2018

Centre to divide Air India into 4 firms before sale

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 panel: Don't privatize Air India, give 5yrs for revival

08 Jan 2018

Parliamentary panel: Don't privatize Air India, give 5yrs for revival

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).

Air India selling flats worth Rs. 50cr to SBI: Sources

05 Nov 2017

Air India selling flats worth Rs. 50cr to SBI: Sources

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.

Disinvestment: 25% equity stakes in 4 defense firms via IPOs

04 Aug 2017

Disinvestment: 25% equity stakes in 4 defense firms via IPOs