AIR INDIA DISINVESTMENT
Air India starts compensating flyers for 49-hour delay
Air India has paid a compensation of €600( approx Rs 47,700) each to several passengers for the delay in its London to Mumbai flight on May 28.
Modi considers easing foreign control rule to aid Air India sale
The govt may tweak "substantial ownership and effective control” clause that...
Queen Silvia of Sweden had a 'marvelous' Air India flight, calls crew kind
The royal couple are on five-day India visit.
Debt-laden Air India will have to shut down if sale offer flops
“The airline will have to close down if it’s not privatized,” Hardeep Singh Puri told the Parliament.
Air India, Bharat Petroleum Corporation to be sold by March: FM Nirmala Sitharaman
Sitharaman says the strategic sale of Air India and BPCL will be wrapped up by March
Modi considers excluding $7 billion Air India debt to lure buyers
Govt plans to ask proposed investors to take over Rs 30,000 cr of the airline’s debt in a bid to attract buyers.
A royal display of common sense: Once kings take commercial flights for official visits, will common VIPs follow?
The King and Queen of Sweden didn't just hop on to a commercial flight, but also carried their own hand baggage.
Civil aviation minister's statement on Air India privatisation 'highly damaging': Employees' union
In a letter to PM, the Aviation Industry Employees' Guild said "Coming from the civil aviation minister...this statement is highly damaging, uncalled for at this stage and has massive financial implications for Air India, as our passengers will start cancelling their flight bookings and/or prospective passengers refrain from booking seats on AI flights..."
RBI caught between the devil & the deep sea: Can it still gratify markets?
Foreign investors simply cannot ignore the high real rates that Indian bonds have to offer.
Government set to close loss-making PSUs
“There are several cases where the disinvestment process has been going for years. There is very little interest in some of the companies. Keeping all these factors in mind, it has been decided that wherever buyer interest is muted we will recommend for closure of the unit,” said an official, who did not wish to be quoted.
Middle class may gain from lower tax rates in Budget FY21
Sources said that the Budget 2020-21 will take the sops announced in the pre-election interim budget further by changing the personal income tax rates for the salaried in lower and middle income groups. This may be done through changes in the tax slabs.
Government raises Rs 2.79 lakh crore through divestment in last 5 years
The Minister said that the government follows a policy of disinvestment through minority stake sale and strategic disinvestment. So far, the government has given 'in-principal' approval for strategic disinvestment of 33 central public sector undertakings (CPSEs).
ET Explains: What went wrong with the Q2 GDP growth
A granular look reveals the disarray: All lead indicators point to a dismal manufacturing growth.
ET Explains: The long and short of Modi govt's big-ticket privatisation drive
The move to privatise some of these big state-run firms reinforces Modi govt's reform credentials.
If any one divestment does not take place, we would run a big risk : Vikas Khemani, Carnelian Capital Advisors
If one of the disinvestments is successful, it could lead to a good re-rating of the rest of the pack.
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