The ruling BJP has suggested Finance Minister three-pronged strategy for value maximisation of the PSU, which includes asset monetisation, better corporate governance and restrain from announcing disinvestment target

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

Air India Employees Union said the existing medical scheme in Air India should be continued as it is for serving and retired employees

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 government is selling its entire 100 per cent stake in Air India. The national carrier has been in losses since its merger with domestic operator Indian Airlines in 2007

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

Air India presently has third-largest (9.4 per cent) traffic share in the domestic markets. Tata Group-owned airlines - AirAsia India and Vistara - were fifth and sixth largest with 7.1 per cent and 6.4 per cent market share, respectively

The government is selling its entire 100 per cent stake in Air India that has been in losses ever since its 2007 merger with domestic operator Indian Airlines

Post this, the employees are to hold a 51 percent stake in the airline, with their financial partners will acquire the remaining 49 percent.

Tata Group, the salt-to-software conglomerate, has filed the EoI through AirAsia India, where Tata Sons holds a substantial majority stake

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

Tata group, Reliance Industries, Adani Group, JSW and Vedanta are among others in race for lucrative assets, including start-ups

The pandemic had put the brakes on the government's ambitious disinvestment plans for the fiscal. However, things have started picking up as businesses go back to normal and markets regain their appetite for buying assets. DIPAM Secretary Tuhin Kanta Pandey lays down the road ahead for the department

A preliminary meeting would be held at NITI Aayog on Monday to identify more companies. The meeting would be held to assess which companies and assets are non-strategic in nature and can be pushed for sale in the next round

The comprehensive health insurance plans from health insurers are mostly indemnity covers that make good the losses only up to the medical expenses actually incurred subject to the maximum sum insured in the policy. However, in the fixed benefit plan you get the full sum insured when hospitalised

To the question, \"How long do you think you can easily sustain this post COVID way of living with restriction?\" 38 per cent of the 8,496 respondents said they are \"willing to live the COVID-19 way of living for as long as it takes\"

IGL said it will offer diesel-run genset users in residential complexes, commercial establishments and industrial units based in Delhi, Noida, Greater Noida, Ghaziabad and parts of Gurugram an appropriate solution to convert diesel-run electricity generating units to natural gas

The government plans to conclude the bidding process in four major PSUs -- BPCL, Shipping Corporation (SCI), Container Corporation (Concor) and BEML -- by November last as the stock market is heading to break above pre-Covid levels