Tag: privatisation
Business
Tata wishes to re-own Air India, suggests EoI
After usurping Tata Airlines, the Indian state through a law of 1953 had given it a monopoly to on domestic routes, banning private operators
Business
Adani Group to buy controlling stakes of Mumbai airport
Adani Airport Holdings will acquire the debt of GVK Airport Developers, the holding company of GVK Power and Infrastructure, the filing said
Business
Tharoor maintains support for privatisation of airports
The INC MP from Thiruvananthapuram had faced flak not only from the communist and socialist parties but also from his own for his stand favouring privatisation of the Trivandrum airport
Business
Air India to send employees on leave without pay for up to 5 years
The Air India order said 11 types of allowances - including flying allowance, special pay, wide body allowance, domestic layover allowance
Economy
6 बैंकों के निजीकरण की तैयारी, सिर्फ 5 सरकारी बैंक रहेंगे
आरबीआई के अनुसार, सितंबर 2019 तक सरकारी बैंकों पर 9.35 लाख करोड़ का बैड लोन था, जो उनकी कुल संपत्ति का 9.1% है
Economy
Package worth Rs 20,97,053 crore completed with empowerment of states
Sitharaman detailed the final tranche of Modi's promised package, allowing states to raise their borrowing limit from 3% to 5% of the GSDP
India
Sitharaman unveils big-bang reforms in tech, infra, coal, defence equipment mfg, aviation
'Today's announcements focus on structural reforms,' Finance Minister Sitharaman said in the beginning 'for exploring new horizons of growth'
Business
Lohani, who joined Air India to steer it from crisis, to help sell it
Ashwani Lohani, an engineer of the Railways, had retired in 2007 but, in view of his managerial skills, the then government brought him to AI