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The government's final move to privatise the national carrier Air India has given a fresh lease of life to its strategic disinvestment plan.The Department of Investment and Public Asset Management (DIPAM), which oversees the disinvestment ...
From its soaring ceilings to opulent details, the Art Deco-inspired interiors of Atlas in Singapore channel the grandeur of the 1920s (Photo: Courtesy of Atlas) “Singapore was historically a trading post and financial hub, so you have different cultures and ethnicities coming together to promote creativity,” explains Jason Williams, a Queensland native who moved to the Lion City five years ago to serve as creative director for Proof & Co as well as Master of Gin at Atlas. “There are tons of expats from the United States and elsewhere, along with a local middle class that have come up in...
Loss making entities may get one last attempt at strategic sale before closure By Subhash Narayan ( IANS) | Published on Wed, Mar 3 2021 19:36 IST | 2 Views Rupees.. Image Source: IANS News New Delhi, March 3 : The government may make one last attempt next fiscal to sell more than two dozen sick and loss making entities that have failed to secure investor interest in earlier rounds of strategic sale. Failing this, these enterprises that have eroded their net worth, would be closed and their assets including land would be sold in parcels. Sources said that the ministry of heavy...