Summary: New Delhi [India], July 11 (ANI): The government said on Thursday that 'unsustainable debt burden' was the reason for Air India's downfall and hence the government was committed to strategic disinvestment
of Air India.
(2) Economists have questioned the sustainability of existing models and suggested disinvestment
from some healthcare services.
"With regard to the slow pace of disinvestment
of Air India, the Committee have expressed the hope for completion of the disinvestment
process early and also have desired to know the fate of debts and liabilities on the disinvestment
of Air India," it said in the report.
The present environment is "not conducive" for disinvestment
of Air India, Sinha told Rajya Sabha that the issue would be revisited once global economic indicators, including oil prices and forex conditions, stabilise.
Bucking the trend of missing targets since the disinvestment
began seven years ago, the Centre achieved the 2017-18 revised disinvestment
target of Rs 1 lakh crore.
Strategic sale and minority sale are the two key methods of disinvestment
in government owned firms India.
New Delhi: The government plans to sell 76 per cent stake in Air India, according to the preliminary information memorandum released on Wednesday on strategic disinvestment
of the national carrier.
Arun Shourie, minister for disinvestment
in the Vajpayee government, thought that the company could go out of business if it continued on its path.
THE CABINET on Wednesday approved the proposal for disinvestment
of 10 per cent stake in the state- owned Housing and Urban Development Corporation ( HUDCO).
was recorded with Russia (-11 bn) and Canada (-2 bn).
19330), authors Yihui Pan, Tracy Yue Wang, and Michael Weisbach document patterns in corporate investment and disinvestment
activities over the "CEO cycle" in a large sample of publicly traded U.S.