Government plans to garner Rs 10,000 crore from 7th tranche of CPSE ETF
The issue is likely to open for anchor investors on January 30.
If I was not a minister today, I would be bidding for Air India: Piyush Goyal
Air India has been in the red for long and the government is no...
We are 1-2 quarters away from growth revival: Manish Jain, Ambit Asset Management
I would keep betting on quality private sector banks which ...
Budget 2020: Is it time for a more realistic disinvestment target?
India needs more realistic disinvestment targets so that the fiscal math is not affected towards the end.
Budget can be pro-growth and still stick to fiscal discipline, & how!
The Budget should focus on reviving private investment, which has been lying low.
Successful disinvestment of BPCL, CONCOR to lay foundation for much bigger stake sell programme: Garg
Announcement of a strategic disinvestment plan in the Budget will send a positive message, Garg said.
What is strategic sale? How is it different from disinvestment?
It looks highly unlikely that the disinvestment target will be met in the current fiscal. The next Budget for 2020-21, to be presented on February 1, will have another target for disinvestment. So, what exactly is a strategic sale and how is it different from disinvestment.
Will ensure disinvestment-bound Air India keeps operating uninterruptedly: Aviation Ministry
In December, Air India chief told the ministry that the carrier's financial situation was "grossly untenable" for sustaining operations. Thus, the ministry asserted on Twitter,"MoCA reiterates that the Government, while going ahead with the disinvestment, would ensure that Air India continues to operate uninterruptedly and improves its operations also."
How India can fix its problem of not collecting enough taxes
So, how do we collect more taxes? Using the GST and following up on the audit trails it generates.
CCEA approval for disinvestment in NINL
The Cabinet Committee on Economic Affairs (CCEA) gave an approval for strategic disinvestment in Neelachal Ispat Nigam Ltd (NINL) by selling the government’s stake to a strategic buyer which would be identified through a two-stage auction procedure. NINL is a joint venture company with equity shareholding.
Air India to set up internal panel to address privatisation-related issues of employees: Source
At a meeting between the minister and representatives of over a dozen Air India unions in New Delhi on Monday, the minister also "assured" the employees of full payment of their arrears, according to the source.
'Cabinet approved disinvestment of stake in NINL, not NMDC'
Neelachal Ispat Nigam Ltd (NINL) is a joint venture company, in which four central PSUs -- MMTC, National Mineral Development Corporation (NMDC), Bharat Heavy Electricals Ltd (BHEL) and MECON -- and two Odisha government companies, IPICOL and Odisha Mining Corporation (OMC), are shareholders.
Investors in India hope to see tax on equity gains scrapped
Here are the key areas where market participants are looking for action.
Focus on investment and exports to revive investment, economic cycles: Kiran Mazumdar Shaw
In order to restore confidence among private players, government has to bridge the trust deficit. We need consistency in policy because I do not think we should be flip-flopping and that is what investors want to see in any economic climate.
Air India unions to demand voluntary retirement scheme in Monday meeting
"Our members have been approaching us and want us to discuss a voluntary retirement scheme package with the government as it is expected that our job will be protected only for one year post privatisation. We are going to raise this issue at the meeting with the minister on Monday," an airline source told PTI.
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