Centre is planning to invite financial bids for the privatisation of Air India by end of this month. Plan is to wrap up disinvestment process in second half of current calendar year

Centre has been trying tooth and nail to divest its entire stake in Air India, including the airline's 100 per cent stake in no-frill subsidiary Air India Express Ltd and 50 per cent stake in Air India SATS Airport Services

In the Union Budget 2021-22, Finance Minister Nirmala Sitharaman had announced that disinvestment of Pawan Hans would be completed in 2021-22

Pawan Ruia, chairman of Ruia Group has submitted an EoI (expressions of interest) to buy a 100% stake in the embattled national carrier

The details were sought in reference to restrictions on the Transaction Advisor, Ernst & Young LLP India, from publicly disclosing the details of the qualified interested bidders of Air India who have responded to and have been cleared in the evaluation of Expression of Interest 

In spite of criticism and Opposition jibes, the Centre commits itself to selling most PSUs; sets ambitious disinvestment target for FY22

The government looks to raise Rs 90,000 crore from the sale of its 53 per cent stake in BPCL. But it will be able to raise just Rs 40,000 crore for its stake, according to the present market capitalisation

Centre had planned a disinvestment mop-up of Rs 2.1 lakh crore this fiscal, by selling stake in several public sector enterprises, but the plans have been stalled due to several factors

Centre has appointed SBI Capital Markets as its Transaction Advisor to advise and manage the strategic disinvestment process; bids will have to be submitted by March 1

In stage II, shortlisted bidders will be given a request for proposal (RFP), post which a transparent bidding process will take place

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

Government plans to sell entire 63.75 per cent stake in Shipping Corporation along with transfer of management control

The Department of Investment and Public Asset Management (DIPAM) is working towards concluding the sale in the current financial year as there is good investor interest and the transaction size is not big

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While the government has not extended the deadline for EoIs (Expressions of Interest) for the national carrier, the interested entities are required to submit the physical bids within 15 days from December 14

The deadline for completion of Jet Airways's insolvency resolution process has been extended till August 21 due to the lockdown

Govt document mentions transfer of debt worth Rs 23,286.5 crore to new owner will include finance lease obligations, long-term borrowings, short-term borrowings. But if its 33 aircraft are no longer under finance lease, what kinds of debt transfer would that be?

For a period of one year from the date of selection of the bidder, it will not be allowed to transfer equity securities of Air India

Air India Divestment: As a part of disinvestment, 100% equity stake in Air India with its 100% equity stake in AIXL and AI's 50% equity stake in AISATS is being sold by the Centre

If the deal is finalised, it will only involve a sale of part of the company's business and not impact the shareholding pattern, Jet said in a statement dated Jan. 16. It did not detail the assets held in Netherlands