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  Air India to be closed if privatisation bid fails: Govt tells Rajya Sabha

  Business | November 27, 2019 15:29 IST

  Civil Aviation Minister Hardeep Singh Puri on Wednesday said in Rajya Sabha that national carrier Air India will have to close down if it is not privatised. He, however, said that a favourable deal would be ensured for all the employees.  

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  Air India pilots' union opposes privatisation; may resort to strike

  India | November 05, 2019 21:47 IST

  The nearly 800-member strong Indian Commercial Pilots' Association (ICPA), whose members fly narrow-body planes, has decided to work towards bringing all the unions at the airline under a common platform to oppose privatisation of the airline.

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  Yechury likens PSUs privatisation to selling family silver

  India | September 27, 2019 13:24 IST

  He also alleged that while Modi was busy campaigning for US President Donald Trump, he was also "dismantling" India's Constitutional order.

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  Government tells Air India to freeze all appointments, promotions

  India | July 21, 2019 8:59 IST

  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.

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  No plans to privatise Rajdhani, Shatabdi express trains: Piyush Goyal

  India | June 28, 2019 18:00 IST

  Railways Minister Piyush Goyal on Friday said that there was were no plans to privatise Rajdhani or Shatabdi express trains.

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  AAI employees to go on hunger strike against proposed privatisation of 6 airports from today

  India | December 10, 2018 0:00 IST

  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.

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  Vedanta Resources to be taken private by Chairman Anil Agarwal on October 1

  Business | September 04, 2018 7:58 IST

  Vedanta will need approval for waivers from its lenders prior to delisting, as it has a requirement under its bank loans to remain listed.

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  Air India terminates over 400 contractual employees ahead of privatisation

  Business | January 08, 2018 20:41 IST

  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.

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  Will Air India be privatised? Cabinet to decide on future course, says minister Jayant Sinha

  June 20, 2017 16:01 IST

  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

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  May not be easy to find a ‘bakra’ for Air India: Aviation minister

  June 01, 2017 15:58 IST

  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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  Govt considering privatisation of four airports: Raju

  January 20, 2015 17:18 IST

  Ahmedabad: Civil Aviation Minister Ashok Gajapathi Raju today said that the ministry was considering privatisation of four airports in the country, including the Ahmedabad Airport."We are thinking of privatising four airports in India. Ahmedabad airport

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  PM Modi rules out privatisation of Railways

  Politics | December 25, 2014 19:20 IST

  Varanasi: Prime Minister Narendra Modi today ruled out privatisation of Railways and said that people must not be wary of foreign and private capital being utilised for improving infrastructure of the national transporter which, in

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  BJP not in favour of privatisation of railways: Rajnath

  India | April 28, 2014 23:01 IST

  Lucknow: BJP president Rajnath Singh today said his party was not at all in favour of privatisation of Indian Railways, and added no such thing would happen when BJP came to power at the Centre.On

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  Obama pitches mortgage overhaul as housing rallies

  World | August 07, 2013 9:16 IST

  Phoenix, Aug 7: President Barack Obama on Tuesday proposed a broad overhaul of the U.S. mortgage finance system, including winding down government-backed mortgage giants Fannie Mae and Freddie Mac. He declared that taxpayers should never

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  UP rolls back power privatisation, strike call withdrawn

  India | May 29, 2013 9:51 IST

  Lucknow, May 29: The deadlock between the state government and protesting power board staff, who threatened an indefinite strike from Wednesday, ended late Tuesday as the Uttar Pradesh Power Corporation Limited (UPPCL) agreed not to