Search Results for: disinvestment

Govt holding in select blue chip companies to fall below 51% under new divestment drive

The minimum government holding required for an entity to qualify as a central public sector enterprise (CPSE) is 51 per cent.

Sep 12, 2019

PM-inspired stimulus package may come as early as this weekend

The January-March quarter GDP has slowed down to 5.8 per cent, the lowest in five years, which has caused pain points to emerge all across the economic vector.

Aug 16, 2019

ccd coffee day q3 results, ccd share price, ccd ipo, coffe shops, cafes, global coffee brands, global coffee trade, global coffee market

Coffee Day selling Tech Park to Blackstone for Rs 3,000 cr

The decision comes a fortnight after the company's founder-chairman V.S. Siddhartha was found dead on July 31 in a river near Mangaluru on the state's west coast.

Aug 15, 2019

The Air India plane flying the inaugural trip from Lucknow,

Govt tells Air India to freeze all appointments, promotions

A new flight has to be started only when it is extremely necessary and after due diligence from the commercial aspect.

Jul 21, 2019

Air India disinvestment: Modi govt expected to set October deadline for strategic sale

The proposed dialogue with potential buyers and the process of issuing bid documents for expression of interest is likely to happen simultaneously later this month.

Jul 8, 2019

Budget 2019: Here's how people are profiled in TV coverage

The budget coverage has evolved into a perfect format where everyone in society is represented, unequally, with a voice proportionate to their social standing.

Jul 5, 2019

Air India divestment: Will Modi 2.0 get second time lucky with 100% stake sale?

The Narendra Modi government is taking up unfinished business on a priority basis and Air India privatisation is top on the agenda.

Jun 5, 2019

Pawan Hans follows Air India into divestment turbulence as election intervenes

Public sector helicopter operator fails to receive adequate investor interest despite extending deadline several times over the past one year.

Apr 22, 2019

RIL asks its 40,000 employees asked to switch from Airtel, Vodafone to Jio

Mukesh Ambani to foray into aviation sector? May buy stake in Jet, bailout Maharaja

The central government had issued preliminary information memorandum kicking off the Air India's disinvestment process.

Apr 20, 2019

Union Minister Shashi Tharoor and Wife Sunanda Pushkar (Reuters)

Shashi Tharoor files criminal defamation suit against Ravi Shankar Prasad

The defamation suits follows Tharoor's legal notice to Shankar demanding an 'unconditional apology'. Prasad had made these comments during a press conference on October 28 when he said, "Shashi Tharoor who is accused in a murder case..."

Dec 10, 2018

Modi govt to divest 100% stake in Air India subsidiary AIATSL amid mounting debts

Prior to the current move, the government had offered to sell 76 per cent stake in Air India. However, the state-owned carrier, which has accumulated losses of over Rs 48,000 crore, failed to attract any bidder.

Nov 28, 2018

Is IMA safe? Karnataka govt issues notice to seize all properties; IMA director responds

The latest public notice issued to IMA raises concerns among investors as similar companies have had their fates sealed.

Nov 21, 2018

Big shake up in Zee: Promoters to sell upto 50% stake

Over the years, the rise of Zee has been exceptional by growing from a single Hindi language channel to 37 channels across 5 categories that include news and entertainment.

Nov 14, 2018

Dassault Aviation Chief Executive Officer (CEO) Eric Trappier

Dassault CEO Eric Trappier denies Rahul Gandhi's Rafale jet deal allegations

In a press conference on November 2, Rahul Gandhi had alleged that Dassault invested Rs 2.84 billion in a loss-making company promoted by Anil Ambani which was used to procure land in Nagpur.

Nov 13, 2018

Modi govt to sell enemy property shares worth Rs 3,000 cr to boost disinvestment receipts

The move highlights the government's decision to dispose of enemy property which are now estimated at Rs 3,000 crore at current market prices.

Nov 9, 2018

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