The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders. The process has been divided into two stages. In stage I, expressions of interest (EoI) have been submitted by interested bidders and they will be shortlisted based on eligibility criteria and other terms mentioned in the Preliminary Information Memorandum (PIM). In the stage II, shortlisted interested bidders will be provided with a request for proposal (RFP) and thereafter there will be a transparent bidding process, said a presentation by the ministry. In view of prevailing situation arising out of Covid-19, last date for submission of EOIs was extended upto December 14, 2020.
Air India Strategic Divestment: Phase-II To Begin From 5 January, Names Of Qualified Bidders To Be Announced
Air India Aircraft
The second phase of the strategic disinvestment of Air India will start on 5 January 2021 with the announcement of the names of the qualified bidders.
The process has been divided into two stages. In stage I, expressions of interest (EoI) have been submitted by interested bidders and they will be shortlisted based on eligibility criteria and other terms mentioned in the Preliminary Information Memorandum (PIM).
In the stage II, shortlisted interested bidders will be provided with a request for proposal (RFP) and thereafter there will be a transparent bidding process, said a presentation by the ministry.
Phase-II of Air India disinvestment to start Jan 5 daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
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Govt Invites Preliminary Bids To Sell 63.75 % Stake In Shipping Corp Of India
Shares of Shipping Corp were trading at Rs 86.30, up 4.54 per cent over its previous close on the BSE.
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The government on Tuesday invited expressions of interest for strategic disinvestment of its 63.75 per cent stake in Shipping Corp of India along with the transfer of management control.
The Department of Investment and Public Asset Management (DIPAM) has issued Preliminary Information Memorandum (PIM) inviting Expressions of Interest (EoI) from potential buyers by February 13, 2021.
Shares of Shipping Corp were trading at Rs 86.30, up 4.54 per cent over its previous close on the BSE.
Government invites preliminary bids to sell 63.75% stake in Shipping Corp of India
At the current market price, the government s stake sale in Shipping Corp is valued at about Rs 2,500 crore.
By: PTI | New Delhi | December 22, 2020 12:05:43 pm
The Cabinet Committee on Economic Affairs in November last year gave in-principle approval for the strategic divestment of Shipping Corp. However, the plans were delayed due to the pandemic. (Representative image, source: Dhiraj Singh/Bloomberg)
The government on Tuesday invited expressions of interest for strategic disinvestment of its 63.75 per cent stake in Shipping Corp of India along with the transfer of management control.
The Department of Investment and Public Asset Management (DIPAM) has issued Preliminary Information Memorandum (PIM) inviting Expressions of Interest (EoI) from potential buyers by February 13, 2021.