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Disinvestment process is progressing as scheduled: Jaitley

Last Updated: Sunday, August 10, 2014, 19:25

Eyeing Rs 58,425 crore this year by selling government stake in PSUs, Finance Minister Arun Jaitley on Sunday said that disinvestment process is on schedule.

DoD plans SAIL stake sale in Sept; ONGC, power cos to follow

Last Updated: Thursday, July 17, 2014, 16:26

The government will kick off its big-bang disinvestment drive with 5 percent stake sale in SAIL in September, followed by ONGC and power sector PSUs like REC, PFC and NHPC.

No decision on AI privatisation in haste: Pusapati

Last Updated: Thursday, May 29, 2014, 20:49

There will be no hasty decision on privatisation of Air India, Civil Aviation Minister Ashok Gajapathi Raju Pusapati indicated.

Airport privatisation only after elections: Aviation Ministry

Last Updated: Tuesday, May 27, 2014, 20:56

Civil Aviation Secretary Ashok Lavasa said that the move to privatise six major airports in the country will be taken post elections.

Bank unions protest over Nayak panel report

Last Updated: Friday, May 23, 2014, 19:13

Demanding withdrawal of the P J Nayak Committee report recommending total privatisation of public sector banks, various bank unions on Friday held demonstrations in Kerala.

Airport privatisation only after elections: Aviation Ministry

Last Updated: Thursday, March 27, 2014, 17:09

Privatisation of six major airports, including Chennai and Kolkata, has been put on the back-burner and will now take place only after the elections, a top official in the Ministry of Civil Aviation said.

AAI staff warn of stir against privatisation of six airports

Last Updated: Saturday, March 15, 2014, 19:04

The airports are being given to private parties on 30-year lease.

HC cautions govts against privatising drinking water services

Last Updated: Sunday, February 16, 2014, 00:52

Citing example from Bolivia, the Madras High Court has cautioned governments against privatising fundamental sovereign responsibilities including providing drinking water to public.

Bidding for privatisation of 6 airports deferred again

Last Updated: Saturday, February 15, 2014, 18:24

Problems have arisen on the drafting of the concession agreement which is to be signed between the selected private party, the AAI and the Civil Aviation Ministry to give effect to the contract, the sources said.

AAI Chairman V P Agarwal removed; Sinha given addnl charge

Last Updated: Friday, January 24, 2014, 11:28

In a late Thursday night development, chairman of the state-run Airports Authority of India, V P Agarwal, was removed from his post apparently because of his "opposition" to privatisation of more airports in the country, sources said.

Process of privatisation of 6 airports to continue: Minister

Last Updated: Tuesday, January 14, 2014, 15:34

The time to carry forward the process of privatisation of six airports is running short but the process would continue even if the government does not, Civil Aviation Minister Ajit Singh said on Tuesday.

Pakistan hopes for privatisation forex boost

Last Updated: Saturday, January 11, 2014, 02:06

Pakistan is hoping a sell-off of government stakes in state-owned energy companies, banks and troubled airline PIA will bring a much-needed boost to foreign exchange reserves, a top official said on Friday.