Pawan Hans, Dredging Corp on list to meet target of Rs 800 bn for 2018-19
According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment.
'There's a huge need for advancements in current security incident logging and monitoring practices.'
The previous highest divestment proceeds for the first half of a year was around Rs 21,000 crore in 2016-17.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
By creating groups of secretaries, the Modi government has precluded the need for groups of ministers, which were so ubiquitous in the first decade of this century in New Delhi. Each group will have a leader who will be expected to steer the schemes for implementation, cutting through the ministerial turf battles.
The investment will be made through a joint venture with Toshiba and Denso. The battery is the most expensive single part of an EV.
The best available recourse to keep the defence sector healthy, is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow within the country, recommends says Brigadier S K Chatterji (retd).
This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre's two exchange-traded funds, buybacks and offers-for-sale, and even monetisation of land assets.
Apart from the main company, five of Air India's subsidiaries and a joint venture firm have been included in the strategic sale plan.
SBI Capital, Axis Capital, GMR Holdings, United Breweries, Alpic Finance (a Cipla group unit), Saradha Realty, United Bank of India and Trident India are among the prominent entities named in the list.
In its latest transition, the company will also double up as an investment vehicle.
A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates
FinMin does not expect tax or non-tax revenue to reach anywhere close to the targets set in the interim Budget. Sources say that the challenge before the new government will be either to accept the reduced projection and tailor the Budget accordingly or set a more ambitious target.
The move is expected to create space for more budding entrepreneurs in the country to be eligible for self-certification, relaxed public procurement norms, rebate in patent filing, start-up funding, investment and easier closure compliance.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
Sources said valuation of all these assets was an ongoing process, and the mode and manner of disposal would be decided on a case-by-case basis
'Most of the agitations are staged by the Opposition to disturb the peace of the state.'
Centre working on open-ended lease agreement to enablesale of property at the end of the agreement period
With the negative impact of demonetisation waning and the implementation of the GST, 80% of the CEOs surveyed said they were planning to hire more people in 2018
Finance Secretary Hasmukh Adhia vacates his post on November 30 and Expenditure Secretary Ajay Narayan Jha, the second seniormost bureaucrat in the finance ministry, retires on January 31, the day before Jaitley presents the 2019-20 interim budget.
Central banking is a science, not an art, Tamal Bandyopadhyay tells RBI Governor Shaktikanta Das.
Arun Jaitley addressed a post-Budget press conference.
Gujarat has topped with a score of 71.14% on ease of doing business list.
With all the brouhaha over GST, and (often) a limited understanding of the long-term forces shaping India's logistics sector, companies seem to have omitted factoring in some underlying trends that could shape supply chain excellence, says Neelesh Mundra.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
The government has initiated a process to define standards and guidelines for electric charging stations.
With cash shortage and plans going awry, the AirAsia owner is looking to cash out of the venture he built with Ratan Tata in 2013.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
India needs a National Trade Policy Council, chaired by a minister who reports directly to the PM, says Jayanta Roy, former economic advisor to the Union commerce ministry.
'The economy has to become the government's No. 1 priority, which it is not at the moment,' says T N Ninan.
The President noted that the green shoots of recovery were already visible, with the economy growing at 5.7 per cent during the first quarter of current fiscal.
Real, Barca and Juve stand firm on Super League
India is the fifth worst-hit nation by the COVID-19 pandemic after the United States, Brazil, Russia and the United Kingdom, according to the Johns Hopkins University data.
Industry experts say there will be problems, as power supply is a concern for providing uninterrupted service
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
Among PSBs, the top gainers have been Union Bank of India and Corporation Bank, whose shares have rallied more than 15% each. Indian Bank and Bank of Baroda, too, registered double-digit rise
CBDT circular issued last month had raised multiple taxation concerns.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
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