Inter Ministerial Group (img)

Merchant bankers were earlier scheduled to make their pitch tomorrow for selection as manager to the public offer, but the event has been postponed with no new dates intimated. The Department of Disinvestment (DoD) had on January 21 invited bids from merchant bankers to manage the share sale of PSU oil retailer.

Govt drawing new roadmap for boosting services exports

An exercise has also been started to properly capture the data on the services sector, a move which will help frame policies on the sector and negotiate free trade agreements. "Our attention is always on merchandise trade and not really on services trade.

Companies meet IMG on delays in coal blocks' development

The coal block allocatees were earlier issued show-cause notices for delaying the production from their mines.

Show-cause notices soon to allottee of 7 mines

The Inter-Ministerial Group (IMG) on coal blocks had earlier recommended issuing show-cause notices to the mines which was accepted by the Coal Ministry.

Aviation reviving, but KFA flight uncertain: Ajit Singh

Union Minister of Aviation Ajit Singh says, the biggest positives for the aviation sector is marked by two landmark pacts - Tata-Singapore Airlines and Jet-Etihad deals.

Govt may appoint 6-7 merchant bankers for CIL stake sale

According to a government official there is a proposal to appoint 6-7 merchant bankers to manage Coal India stake sale.