AsitRanjanMishra
Stories by AsitRanjanMishra
India: Cabinet approves strategic disinvestment in IDBI Bank
The government may first appoint advisers for the transaction.
New COVID wave may delay Indian govt’s divestment schedule for FY22
Privatisation of Bharat Petroleum Corporation and Air India was earlier slated to be completed in the first half of FY22.
E-commerce firms in India divided in stance over FDI policy
Most e-tailers backed effective implementation of rules, rather than further changes.
Indian e-commerce rules may be biased, says World Bank
India’s e-commerce regulations fail to provide a level playing field to foreign platforms, the World Bank said.
Indian government sells Axis Bank shares worth $81m amid market buoyancy
Shares were held through the Specified Undertaking of the Unit Trust of India (SUUTI).
Government may further reduce potential bidders’ debt burden in Air India sale
At present, the debt offered is nearly equal to the value of Air India’s assets.
India invites bids from merchant bankers to pare stake in railways’ e-ticketing arm
India has set a divestment target of $28 billion for this financial year but is yet to carry out any disinvestments so far.
Indian e-commerce firms scramble to add country of origin tag
E-tailers are not allowing sellers to list new products if they don’t mention ‘country of origin’.
India: Global headwinds to hit BPCL, Air India sale
Falling oil prices and Covid-19 may affect the Indian government’s divestment plans.
Indian govt plans to ease rules on foreign investment in education sector
The government will frame rules, targeting foreign investors and universities keen on India’s capital-starved education sector.
