Since the skies are far from clear, the new owner will also be able to lay off employees, as his requirement will drop with the reduction in fleet size, officials familiar with the matter said. Topics Air India | Sale of Air India | Privatization of Air India The central …
Read More »Three parties submitted IE for the BPCL tender process: Dharmendra Pradhan
New DelhiIndia’s Petroleum Minister Dharmendra Pradhan said on Wednesday that the privatization of state-owned Bharat Petroleum Corporation Ltd (BPCL) has received three preliminary offers. In a webinar organized by Swarajya magazine, Pradhan said that there was a lot of interest in BPCL and that the Department of Investment and Public …
Read More »Sales of participation in the good way: FM
Reforms and stake sales in state-owned companies will continue even as India refines rules and procedures to make life easier for companies and strives to achieve self-sufficiency, Finance Minister Nirmala Sitharaman told business leaders on Monday. The government’s program to sell stakes in state-owned companies will accelerate in the coming …
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