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disinvestment

News Reports

As Congress targets Modi govt using Washington Post’s fiction on LIC investment in Adani, read how UPA govt used LIC as a ‘bailout buyer’...

Raju Das -
Facing twin deficits, failing disinvestment targets and a ballooning fiscal shortfall, the Congress-led regime repeatedly forced LIC into buying PSU stocks.
Government and Policy

How the Modi government spearheaded the largest disinvestment initiatives in Indian history: Reports

OpIndia Staff -
The Modi government is planning to rid itself of loss-making assets and maintain a 'minimum presence' in only strategic sectors.
News Reports

Pakistan: Cabinet approves ordinance to sell government assets bypassing laws to repay loans

OpIndia Staff -
Shehbaz Sharif govt in Pakistan has passed an ordinance allowing it to sell govt assets to repay foreign loans
News Reports

‘Golden age of Air India lies ahead’, says Tata Group as it officially takes over the airline from the union government

OpIndia Staff -
100% shares of Air India officially handed over to Tata Group company Talace Pvt Ltd by the govt along with management control
News Reports

Delhi High Court dismisses Subramanian Swamy’s petition against disinvestment of Air India

OpIndia Staff -
Subramanian Swamy to consider moving Supreme Court against Delhi HC order dismissing his plea against disinvestment of Air India
News Reports

Indian government denies media reports about Tata Sons winning the final bid on Air India

OpIndia Staff -
Hours after reports surfaced that the acquisition of national carrier Air India went to Tata Sons, Indian govt has denied such claims.
Economy and Finance

Air India returns to the Tatas after 68 years, SpiceJet loses out

OpIndia Staff -
The Indian government had chosen the winning bid, after judging the offers made by Spicejet founder Ajay Singh and Tata Sons against a 'minimum reserve price'.
OpIndia Explains

Is the Modi govt really ‘selling off India’ as claimed by Rahul Gandhi? Here is what Asset Monetisation Plan is and what Congress does...

OpIndia Staff -
Contrary to claims of Congress party, Asset Monetisation Plan does not involve sale of asset, ownership of monetised assets remain with govt
News Reports

Special CBI Court orders filing of criminal case against Arun Shourie on the charges of corruption in disinvestment of a hotel in Rajasthan

OpIndia Staff -
CBI court rejects closure report filed by CBI in Laxmi Vilas Palace Hotel sale case, orders case filed against all accused including Arun Shourie
Economy and Finance

Union Budget 2020: Finance Minister announces disinvestment of LIC, to be listed on stock exchanges. Read details

OpIndia Staff -
In Budget 2020 speech, FM announced that the govt has proposed to sell a part of its holdings in LIC
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