Page 31 - Privatisation News Today

Plan envisages cancellation of their privatisation to help deal with circular debt

Abu Dhabi investment company, ADQ, and its subsidiary ADNEC Group, announced on 12 January the acquisition of 40.5 percent of ICON, the hospitality arm of Egypt-based Talaat Mostafa Group through a capital increase. The signing agreement marks ADQ’s acquisition of stakes in ICON’s pre-existing portfolio of luxury hotels and resorts, including seven famous historic hotels

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed that the process of privatisation of the PIA ...

PSU stocks: That valuations of most PSUs expanded sharply over past few months. High valuations may reduce the interest of potential bidders even assuming that the government was keen to privatise some of the PSUs, Kotak said.

​​The government on Wednesday said it has decided to scrap the privatisation of SAILs Salem Steel Plant (SSP) in Tamil Nadu. This was the third unit of public sector major SAIL where the government has decided not to go ahead with the strategic sale.

The government has managed to collect Rs 10,051.73 crore in disinvestment receipts this fiscal year, falling significantly short of the FY24 target of Rs 51,000 crore

Focus on better utilisation, taking exports to $250-300m within three years

Akas Air is reportedly close to order around 150 narrow-body Boeing 737 MAX aircraft

Policymakers seek to curb circular debt, note challenges in way of sell-off

Shrugs off political uncertainty related to the polls next month