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Air India bidders must absorb Rs 23,000 crore debt to buy carrier

The government is offering 100% of the airline, and has reduced the debt of the company to Rs 23,286 crore.
The Economic Times



After Market: YES Bank, auto stocks plunge; investors lose Rs 2.22 lakh crore

There was no major measure to boost disposable incomes which weighed on consumption stocks.

Govt hikes import duty on gold to 12.5% from 10%

Around 100 -120 tonnes of gold enter into the country through the illegal route.

Organised jewellery companies may gain from ban on risky deposit schemes

The firms that hope to gain from the ordinance include Kalyan Jewell...

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