13.5 C
Ontario
Monday, October 18, 2021

Govt has not taken any decision on Air India so far: Piyush Goyal


International

pti-PTI

|

Google Oneindia News

Dubai, Oct 02: Commerce and Industry Minister Piyush Goyal on Saturday said the government has not taken any decision on Air India so far and the final winner will be selected through a well defined process.

Piyush Goyal

“I have been in Dubai since…day before and I don’t think there is any such decision that has happened at all. Of course bids were invited…and that is assessed by the officers and in due course of time, there is a whole well laid down process through which the final winner will selected,” he told reporters here.

He was replying to a question about media reports stating Tatas have emerged as the top bidder for the takeover of debt-laden Air India.

Tuhin Kanta Pandey, Secretary to Department of Investment and Public Asset Management (DIPAM) — the government department responsible for privatisation — had said in a tweet on Friday that the Centre has so far not approved any financial bid for Air India.

“Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government’s decision as and when it is taken,” he tweeted.

When asked about the proposed free trade agreement with the UAE, he said there are lot of opportunities for Indian businesses in sectors such as textiles, gems and jewellery, pharma and healthcare. There is tremendous potential in both goods and services, he added. On investments, he said “we have to encourage Indian businesses to engage with the UAE.”



Source link

Latest news

Xam Idea CBSE MCQs Chapterwise For Term I, Class 10 Mathematics Standard (With massive Question Bank and OMR Sheets for real-time practise)

Price: (as of - Details) Xamidea presents MCQ books exclusively for Term-I Examinations. Compiled under the guidance of stellar expertise, these books contain...

India-Pak T20 World Cup match ‘should be reconsidered’, says Giriraj Singh

Union Minister Giriraj Singh has said that the cricket match between India and Pakistan in the...

Senior army commander says 90% of military personnel are fully vaccinated

A senior military commander in Western Canada says he doesn't expect much opposition from Canadian Forces personnel over mandatory COVID-19 vaccinations.  Ottawa is requiring federal...

In A First, Mumbai Records Zero Covid Deaths Since Covid-19 Outbreak In 2020

Mumbai: In a first, India's financial capital Mumbai reported zero Covid-19 deaths on Sunday since the Covid-19 outbreak...
Related news

Xam Idea CBSE MCQs Chapterwise For Term I, Class 10 Mathematics Standard (With massive Question Bank and OMR Sheets for real-time practise)

Price: (as of - Details) Xamidea presents MCQ books exclusively for Term-I Examinations. Compiled under the guidance of stellar expertise, these books contain...

India-Pak T20 World Cup match ‘should be reconsidered’, says Giriraj Singh

Union Minister Giriraj Singh has said that the cricket match between India and Pakistan in the...

Senior army commander says 90% of military personnel are fully vaccinated

A senior military commander in Western Canada says he doesn't expect much opposition from Canadian Forces personnel over mandatory COVID-19 vaccinations.  Ottawa is requiring federal...

In A First, Mumbai Records Zero Covid Deaths Since Covid-19 Outbreak In 2020

Mumbai: In a first, India's financial capital Mumbai reported zero Covid-19 deaths on Sunday since the Covid-19 outbreak...