In the budget of FY 2022, the government had come up with a policy that 176 CPSEs in the non-strategic sector would either be privatized or completely
Pawan Hans, Shipping Corporation of India, Neelachal Ispat and BEML are four companies in the list
Tatas needed assurance that aircraft would not be stranded and would be allowed to operate while the requisite clearances from DGCA were secured.
Many countries have kept some public banking institutions, or even had to nationalise as a result of the global financial crisis, he said.
A spokesperson of Tata Sons told a news agency that the company has also submitted its bid for the national carrier.
If redressal of consumer complaints moves a few steps beyond lip service, it can do the entire ailing sector a lot of good.
Privatisation of Air India, BPCL, Shipping Corp of India, Pawan Hans, BEML and Neelachal Ispat Nigam Ltd would be completed this year, Pandey said
The role of the transaction advisor is to advise and assist the government on modalities of disinvestment and the timing.
The cabinet committee for economic affairs last week cleared the proposal of an initial public offering of LIC.
An attractive VRS will make PSBs lean and fit for takeover by the private sector entities that are keen to enter the banking space