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  Budget 2025: From GDP to fiscal deficit to GST, here are key numbers to be watched

  Budget | January 30, 2025 16:51 IST

  Union Budget 2025: Finance Minister Nirmala Sitharaman to present her 8th consecutive budget. Key updates on fiscal deficit, GDP growth, tax relief for the middle class, capex, and disinvestment targets.

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  FY23 disinvestment receipts pegged at Rs 65K crore

  Business | February 01, 2022 15:53 IST

  The government has mopped up Rs 12,030 crore from PSU disinvestment and strategic sale. This include Rs 2,700 crore from Air India privatisation and another Rs 9,330 crore through minority stake sale in various Central Public Sector Enterprises (CPSEs).

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  Supreme Court orders CBI to register case in disinvestment matter of Hindustan Zinc in 2002

  India | November 18, 2021 13:35 IST

  The top court, however, allowed disinvestment of the Centre's residuary 29.5 per cent share in the open market. 

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  Govt receives financial bids for Air India disinvestment; Tatas among suitors

  Business | September 15, 2021 17:59 IST

  The government on Wednesday said it has received multiple financial bids for buying national carrier Air India. Meanwhile, a Tata Sons spokesperson told PTI that it has put in a bid for the airline.

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  Air India disinvestment 'wholly anti-national': Subramanian Swamy

  India | January 27, 2020 13:02 IST

  BJP leader and Rajya Sabha MP Subramanian Swamy has hit out at the Centre for allowing 100% disinvestment in Air India saying calling the move a wholly anti-national.

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  RSS-backed union demands end to privatisation of PSUs

  Business | December 28, 2019 22:01 IST

  “The government must stop disinvestment, strategic sale, corporatisation and privatisation of public sector undertakings. The PSUs are the backbone of the Indian industrial structure and government must stop policy-driven privatisation of the same,” the RSS-affiliated union said

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  Don't sell 'the jewel': Air India unions appeal to PM Modi

  India | December 21, 2019 10:14 IST

  Air India unions have suggested the Centre to make the airline a board-managed company just like L&T and ITC.

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  Govt gives go-ahead to biggest privatisation drive; to sell stake in BPCL, SCI, Concor

  India | November 20, 2019 23:25 IST

  The Union Cabinet on Wednesday approved strategic disinvestment in Bharat Petroleum Corporation Limited (BPCL) along with transfer of management control, excluding stake in Numaligarh Refinery. The decision was announced by Finance Minister Nirmala Sitharaman today.

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  Key issues yet to be resolved for Air India sale

  Business | November 01, 2019 13:54 IST

  Among the key issues holding Expression of Interest (EoI), first stage of bidding, is whether FDI norms have to be relaxed to allow foreign airlines to take full control of the airline and extending national carrier status after change in ownership

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  Banking sector a mess: Mamata slams Centre over bank merger

  India | September 23, 2019 15:15 IST

  Addressing a trade unions' meet, the TMC supremo iterated that she will not allow NRC exercise in the state.

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  It's official! 23 PSUs up for strategic disinvestment

  Business | July 24, 2019 10:34 IST

  The Narendra Modi government has decided to go for strategic disinvestment of 23 Public Sector Undertakings (PSUs). The budget estimate for the move in 2019-20 has been set at Rs 1,05,000 crore.

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  Centre to go ahead with disinvestment process of Air India: Ministry of Civil Aviation

  Business | June 27, 2019 22:05 IST

  "In an AISAM (Air India Specific Alternative Mechanism) meeting held on 28th March 2018, it was decided that due to issues like volatile crude oil prices and adverse fluctuations in exchange rates, the atmosphere was not conducive for the disinvestment. But this was last year," the ministry said in a statement.

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  Government committed to Air India's strategic disinvestment, says Civil Aviation Ministry

  Business | June 20, 2018 18:36 IST

  A plan is also being worked out by the Air India board and the situation was reviewed after the proposed strategic stake sale of the national carrier failed to attract any bidders last month.

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  Great deal of interest for Air India disinvestment: Civil Aviation Secretary RN Choubey

  Business | May 10, 2018 19:09 IST

  Civil aviation secretary RN Choubey says there is a great deal of interest for disinvestment of Air India as the deadline for submission of preliminary bids ends this month.

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  Now, Air India staff unions hit social media against disinvestment plan

  Business | April 15, 2018 19:03 IST

  People are also being urged through WhatsApp messages to raise their voice against the strategic disinvestment of the national carrier, according to union representatives. 

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  No takers for 51% stake in Pawan Hans, fresh bids in ‘2 to 3 months’

  Business | February 21, 2018 18:28 IST

  The chopper company is a 51:49 joint venture between the Civil Aviation Ministry and oil behemoth ONGC.

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  India Union Budget 2018: Divestment target hiked by over 10% to Rs 80,000 cr in 2018-19

  Budget | February 01, 2018 17:06 IST

  According to Jaitley, the government has approved the listing of 14 CPSEs (Central Public Sector Enterprises), including two insurance companies, on the stock exchanges.

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  Air India terminates over 400 contractual employees ahead of privatisation

  Business | January 08, 2018 20:41 IST

  Last year, the Union Cabinet gave its in-principle approval for disinvestment of Air India and constituted an inter-ministerial group for working on the strategy for the airline’s stake sale.

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  Air India ends 2017 at grim note, chief tells employees to ‘perform or perish’

  India | December 31, 2017 20:52 IST

  Kharola, who took over as chairman and managing director of the disinvestment-bound national carrier earlier this month, also said the onus to steer the company out of turbulence lies on everyone.

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  Centre to exit 3 ITDC hotels, handover stakes to state govts

  September 20, 2017 17:32 IST

  As part of the disinvestment excercise, 3 ITDC hotels will be handed over to Rajasthan, Karnataka, Arunachal governments.