Special Purpose Vehicle

Cabinet approves creation of SPV for Air India divestment

An SPV named Air India Asset Holding Ltd was set up on January 22 last year as part of financial restructuring of the debt-laden national carrier.

Mar 01, 2019, 10:31 AM IST

Plan to transfer Air India debt, non-core assets to SPV: Official

The Central government plans to transfer the debt and non-core assets of the financially-strained national passenger carrier Air India to a special purpose vehicle (SPV), a senior Finance Ministry official said on Tuesday.

Aug 22, 2018, 06:31 AM IST

Mahindra group to acquire Italian design firm Pininfarina

Mahindra group Monday announced it will acquire Italian automotive and industrial design firm Pininfarina for an overall outgo of over 50 million Euros (nearly Rs 370 crore) after months of negotiations.

Dec 14, 2015, 23:33 PM IST

Kejriwal proposes SPV to address sanitation issues in Delhi

Chief Minister Arvind Kejriwal has said that cleaning a city like Delhi is not rocket science, but issues occur when jurisdictions overlap.

Nov 22, 2015, 23:48 PM IST

List of 100 smart cities to be out by Sept 1, says Minister

The Government is set to announce by September 1 the names of urban centres that would figure in the list of 100 smart cities, a flagship scheme of the Narendra Modi administration.

Aug 22, 2015, 18:12 PM IST

SPVs to be created to implement 'Smart City' project: Naidu

NDA government has announced to create 100 smart cities across the country.

Mar 24, 2015, 20:11 PM IST