Page 10 - Privatisation

Centre may announce winning bid for Air India by October 15: Report

This is the second attempt of the current Central government to divest its stake in the airline

Govt dissolves OFB, transfers employees and assets to 7 PSUs

The OFB is currently a defence ministry entity and supplies critical arms and ammunition to the three armed forces and the paramilitary

Centre starts talks with RBI to kick off bank privatisation process

The process of bank privatisation would be different from the sale of any other PSU, and more restrictions and measures will have to be put in place, the official said

History will look at this year as important for privatisation: CEA

Chief Economic Adviser Krishnamurthy Subramanian on Sunday said history will look at this year as important for privatisation

Faltering on privatisation

Tweaking tax laws alone will not help

Review meet on disinvestment, privatisation of defence PSUs on Monday

The plan to bring down the government's shareholding and the broad timeline for the sale would be shared with the ministry

13 airports get approval for privatisation through clubbing model

AAI board okays merging major airports with smaller ones to attract investors

Toshiba undecided on privatisation amid talks with investors

Toshiba started weighing options including privatization in May after weeks of takeover discussions sparked by private equity firm CVC Capital Partners' $21 billion acquisition bid

Govt should first convince RSS-affiliate BMS on NMP: Chidambaram

Chidambaram said: If the PM, FM and the ministers are so sure about the merits of the National Monetisation Pipeline, why don't they first convince the Bharatiya Mazdoor Sangh (BMS)?

Centre plans PSU land sale worth more than Rs 600 crore via e-bidding

Parcels worth more than Rs 600 crore may be sold via new platform

What this country built over last 70 years is being given away: Rahul

Gandhi on Thursday said the nation was at a "critical crossroad" and the Congress, as a major opposition party, has a moral duty to fight the forces that threaten the very idea of India

Privatisation of PSUs not in national interest, will oppose policy: TN CM

Privatisation of Public Sector Undertakings is not in national interest and the Tamil Nadu govt would oppose the Centre's bid to privatise PSUs which are public assets, CM M K Stalin informed said

Rahul attacks govt, asks if Articles 15 and 25 of Constitution 'sold'

Congress leader Rahul Gandhi on Monday attacked the government over the incident of a tribal man allegedly being tied to a vehicle and dragged as well as some other recent instances of mob violence

Asset monetisation plan must meet 3 prerequisites to succeed

Whether or not the government succeeds will depend on how successfully it controls the bureaucracy involved in the scheme.

Asset monetisation plan gives a bigger role to private operators

When implemented, the entities engaged in cross border trade in merchandise will deal more with private entities managing the ports and airports

SPV of state-run firms may be tasked to redevelop land bank with sick PSUs

The govt may rope in state-run developers such as NBCC (India) to maximise value from the sale of sick and loss-making PSUs that failed to generate suitable investor in the initial round of bidding

Rs 6-trillion monetisation plan: Modi govt's ambition in a minefield

Given the record of past blunders, under-achievements, vulnerabilities and the manifest influence of stigmatised capital, what India might get is yet another school for scandal, cautions T N Ninan

NMP a plan to 'sell' India's assets, will be 'disastrous': Left parties

Left parties on Wednesday hit out at the National Monetisation Pipeline announced by Finance Minister Nirmala Sitharaman, claiming that is a plan to "sell" India's assets and it will be "disastrous"

Global oil majors may be joining race to acquire BPCL: Report

Industry sources said it was possible that one of the global oil majors or a Middle East oil producer may be teaming up with the investment funds already in race

Assets belong to country; BJP or Modi don't own them: Mamata on NMP

Banerjee on Wednesday slammed the Centre over its National Monetisation Pipeline (NMP) policy, claiming that it is a ploy to sell assets that belong to the country and not to PM or the BJP