STAKE SELL

  • Divestment in SAIL deferred again July 12, 2012

    The Cabinet deferred the stake sale in SAIL since Steel Minister Beni Prasad Verma is not present in Delhi. ...
  • Cabinet defers stake sale in SAIL July 12, 2012

    New Delhi: The Cabinet on Thursday deferred a decision on selling 10.82 per cent stake in Steel Authority of India Ltd (SAIL) as Steel Minister Beni Prasad Verma was away on official tour. The Steel Minister is in Tokyo on an official tour and could not attend the Cabinet meeting. In...
  • No talks with SpiceJet on stake sellout: IndiGo Chief April 20, 2009

    New Delhi: Premier nofrills carrier IndiGo on Monday said there is no truth in reports that its competitor Spicejet is acquiring 7.5 per cent stake in it. "Over the last few days, there has been speculation and rumours that IndiGo is in talks with certain airline(s) regarding a possible merger or...
  • SpiceJet, GoAir in talks for consolidation: paper March 9, 2009

    Mumbai: Budget airline SpiceJet Ltd is in talks with the Wadia groupowned GoAir for either a merger or to acquire a controlling stake, the Business Standard reported on Monday. SpiceJet Chief Executive Sanjay Aggarwal met GoAir Managing Director Jeh Wadia to discuss a deal late last month, the paper said, citing...
  • No Spice(y) stake up for offload June 18, 2007

    New Delhi: Lowcost carrier SpiceJet, which is being eyed by other airlines including Vijay Mallya's Kingfisher, on Monday denied any move to offload stake and said it has adequate resources to fund its expansion plans. "SpiceJet would like to reiterate there is absolutely no plan to sell any stake in the...
  • Paramount wants a Spice(y) stake June 18, 2007

    New Delhi: After Jet Airways and Kingfisher Airlines, a third bidder entered the race for SpiceJet on Monday after the Coimbatorebased Paramount Airlines offered to buy a 26 per cent stake in the lowcost airline. SpieceJet, India's second biggest lowcost airline after Air Deccan, is reportedly up for takeover as...