disinvestment drive

Tata Group is now in control of 3 major airline brands operating in the country After 69 years, the former govt-owned national carrier Air India, starting January 27, 2022 has now gone back to its original owners, the Tata Group. …

The sale of these idle assets will be made through the new online bidding platform, created by the government enterprise MSTC. In a move to monetize idle assets, the Government is working on a plan to sell off land lots of some PSUs…

The Government has plans to appoint two bankers to oversee and manage the stake sale process of NSC. As a part of its ambitious disinvestment drive of Rs 1.75 lakh crore, the government has initiated the stake sale process of 25%…

People familiar with the matter have reported that the government still has not gotten the green light from the parliament to put into action the required changes in law needed to start the transaction. In the Union Budget meet on…

Air India Starts Auctioning Prime Properties In These 10 Cities: Date, Rules & More Details As part of the disinvestment of India's national air carrier, Air India has announced the sale of its properties located across India. …

Bank unions threaten to conduct more strikes, shall the government not drop the privatization process. On March 15 and 16, about 10 million bank employees participating from nearly 9 bank unions conducted a two-day bank strike, in…

Govt Sells 15% Stake In This Railways Entity To Private Investors; Will Privatisation Start In Indian Railways? Amidst the ongoing disinvestment drive, the government will be selling a 15% stake in the Rail Vikas Nigam Ltd, with a…

Govt Will Make Money From Telecom Towers, Pipelines, Roads; 150+Trains & More (Disinvestment Plans)  The government has lined up plans to monetize assets such as roads, electricity transmission, oil and gas pipelines, and telecom…

SBI, PNB, Bank of Baroda Won't Be Sold To Private Firms; These 6 Govt Banks Kept Out Of Privatisation Amidst the ongoing two-day nationwide bank strikes, conducted by bank unions and employees, opposing the finance ministry’s decision…

Nationwide bank strike for two days, March 15 and 16. In response to the Finance Minister’s Union Budget (2021) announcement of privatisation of two more public sector banks, the bank union body United Forum of Bank Unions (UFBU) has…