Yechury likens PSUs privatisation to selling family silver
India | September 27, 2019 13:24 ISTHe also alleged that while Modi was busy campaigning for US President Donald Trump, he was also "dismantling" India's Constitutional order.
He also alleged that while Modi was busy campaigning for US President Donald Trump, he was also "dismantling" India's Constitutional order.
The direction has come from the Department of Investment and Public Asset Management or DIPAM. After failing to find a bidder in its previous term, the Modi 2.0 government is working on war-footing to sell Air India to a private player. It has already reconstituted the group of ministers (GoM) to decide the course of privatization.
Railways Minister Piyush Goyal on Friday said that there was were no plans to privatise Rajdhani or Shatabdi express trains.
In a release, the AAEU said it has been compelled to carry out hunger strike and mass casual leave under the banner of joint forum of union and associations of the AAI.
Vedanta will need approval for waivers from its lenders prior to delisting, as it has a requirement under its bank loans to remain listed.
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.
Asked about possible privatisation of the national carrier, the minister said all options are on the table and it is for the Cabinet to take a decision on how best to move forward
Civial Aviation minister Ashok Gajapathi Raju has been of the view that Air India's financials are in bad shape and it is unlikely that it would find a buyer in its current state
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