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MSTC News

22 May 2017

Air India plans to raise Rs 80 crore through sale of properties

Government-run Air India plans to raise around Rs 80 crore through sale of its seven properties, including some land parcels, as a part of its asset monetisation plan.

Mahindra & Mahindra

17 Dec 2016

Mahindra & Mahindra arm forms JV with state-run MSTC for scrapping old automobiles

One of the arms of Mahindra & Mahindra has formed a joint venture with state owned MSTC scrapping of old automobiles and other white goods.

Service Tax department

27 Nov 2016

Service Tax Dept to auction Vijay Mallya's luxury personal jet on November 28-29

In its bid to recover around Rs 535 crore due from beleaguered businessman Vijay Mallya, the Service Tax Department is looking at having more participation when it reauctions his luxury personal jet on November 28-29.

19 Aug 2016

Service Tax Dept may go for reauction of Vijay Mallya's jet

The Service Tax Department may go for another round of bidding for luxury jet of embattled businessman Vijay Mallya as the highest bid received during the auction here was a measly Rs 27 crore against the reserve price of Rs 152 crore.

01 Jul 2016

Vijay Mallya's plane auction proves damp squib, gets Rs 1.09 crore bid

In another failed attempt at recovering money from beleaguered businessman Vijay Mallya through sale of his assets, a lone bidder turned up for the auction of his personal jet with a bid of Rs 1.09 crore -- less than a per cent of Rs 152 crore reserve price.

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