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Total 638 results found. Search for [ divestment target ]

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Mail Today Bureau
August 22, 2018
Department of Investment and Public Asset Management has written a letter to ONGC stating that a listing would also help unlock value in the unit by improving its corporate governance and efficiency.


PTI
August 11, 2018
The net income of Coal India rose 17 per cent to Rs 25,470.86 crore during the quarter under review from Rs 21,774.42 crore in the year-ago period. Expenses remained higher at Rs 19,383.99 crore as against Rs 17,837.17 crore in April-June 2017.


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.In
New Delhi, June 27, 2018
The proposal has got in-principle approval from Prime Minister Narendra Modi and a committee comprising Secretaries from the Civil Aviation and Shipping ministries has been set up to decide on the valuation of the building.


Anand Adhikari
New Delhi, June 26, 2018
The IDBI bank has been running low on capital. The bank also has gross NPAs of 27 per cent. If one includes stressed loans, more than one-third of its book will be classified as stressed.


BusinessToday.In
New Delhi, June 20, 2018
Court summons Chidambaram's wife, son over black money complaintA special court for economic offence cases has summoned former union minister P Chidambaram's wife, son and daughter-in-law to appear on June 25 in connection with the prosecution initiated by the Income Tax Department under the Black Money Act. The special court issued summons to Nalini Chidambaram, Karti Chidambaram and his wife Srinidhi on the basis of a complaint filed by the Income Tax Department over alleged n...


BusinessToday.In
June 20, 2018
On Tuesday, the government launched the FFO of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies. The issue received subscriptions from investors such as mutual funds houses, foreign portfolio investors (FPI), insurance and retirement funds.


BusinessToday.In
June 18, 2018
ICICI Prudential Asset Management Company is managing the launch of Bharat 22 ETF which is being offered at 2.5% discount to all the investor categories.


BusinessToday.In
New Delhi, June 15, 2018
The government officials believe many of the PSUs are performing well, and diluting the stake can't be the only solution to improve their efficiency, and that slashing shareholding to raise revenue could help the government without even reducing the stake.


BusinessToday.In
New Delhi, June 6, 2018
The Air India employees get their salaries by 30th or 31st of every month but their March and April salaries were delayed by seven days. The management has not officially communicated the reason behind the inordinate delay to its staff.


BusinessToday.In
New Delhi, June 1, 2018
The Ministry of Civil Aviation said no bids were received for Air India's strategic disinvestment as the deadline for the submission of Expression of Interest (EOI) ended on Thursday.


PTI
New Delhi, May 22, 2018
Though the transaction advisor (Ernst & Young) will assess the enterprise value, the right price for the airline will be decided by us, says Civil Aviation Secretary RN Choubey.


BusinessToday.In
New Delhi, May 18, 2018
From Goyal's statement, it seems evident the Jet Airways top boss is holding the cards on the expectation that the government would ease out more terms and conditions for the sale of beleaguered airline.


Manu Kaushik
New Delhi, May 15, 2018
Last year, the Central Bureau of Investigation (CBI) had filed three cases against unnamed officials in the civil aviation ministry and the airline for gross irregularities.


BusinessToday.In
May 15, 2018
The government holds 54.03% stake in the firm.  It plans to sell 26% stake and cut it to 28% in the public sector firm


E Kumar Sharma
April 25, 2018
The much awaited financial numbers from the third largest Indian IT giant, Wipro, have fallen short of analyst and market expectations, be it in terms of revenue growth or the margins.


BusinessToday.In
New Delhi, April 25, 2018
The company's gross revenue increased 0.7 per cent sequentially to $2.1 billion, while the IT services segment revenue in dollar terms was $2,062 million, up 2.4 per cent sequentially and 5.5 per cent YoY.


Manu Kaushik
New Delhi, April 13, 2018
The sale document invites bids without any major discrimination and though nothing can be ruled out, the chances of getting bids from unknown entities at this point look improbable.


BusinessToday.In
April 12, 2018
So far, two airlines IndiGo and Jet Airways have formally announced that they will not participate in the disinvestment of Air India. Both the airlines found the terms and conditions laid out in the proposal simply not workable.


Prosenjit Datta
New Delhi, April 10, 2018
The problem is that the government expects the bidder to pay for both the good and the bad. And also take over a huge debt burden. For domestic airlines like SpiceJet, Vistara or Go Air, only the slots are valuable and some parts of the fleet. Guaranteeing the airline staff jobs for a full year is probably not something any bidder is looking forward to. 


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