Air India stake sale: Ajay Singh co-founded SpiceJet in 2005 and then sold it to Kalanithi Maran in 2010. He returned in 2015 to turn around the ailing airline

Private wealth creators are solely responsible for India's banking stress; increasingly fleeing India with their wealth and bank loans, and those making huge profits are doing so by cutting jobs and wages

How Chairman N Chandrasekaran is revamping the $106 billion group into a future ready, tech enabled conglomerate

Stock Market Updates Today: Sun Pharma, ITC, HDFC were trading among the top losers today while RIL, L&T, Maruti were among the top gainers

Addressing a press conference at the BJP's state office Kushabhau Thakre Parisar here over the Union Budget 2021-22, Puri also said that domestic flight services from Bilaspur town in Chhattisgarh will begin from March 1 under the regional connectivity scheme

In spite of criticism and Opposition jibes, the Centre commits itself to selling most PSUs; sets ambitious disinvestment target for FY22

The Rs 3,800 crore IPO of Brookfield REIT received bids for 1,15,12,600 shares against the issue size of 7,62,78,200 units, as per the exchange data

Union Budget 2021 highights: A new centrally sponsored scheme, PM Atma Nirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64,180 crore over six years

As many businesses in the travel industry continue to bear the brunt, there are high expectations of interest-free financial support for at least two years to help combat the cash-negative books

According to ICRA, the Indian aviation industry is expecting financial support and reduction in levies and taxes in short term to revitalise operations and boost passenger traffic, which include among others, lowering taxes on aviation turbine fuel (ATF)

The government looks to raise Rs 90,000 crore from the sale of its 53 per cent stake in BPCL. But it will be able to raise just Rs 40,000 crore for its stake, according to the present market capitalisation

The government should speedily release all outstanding payments or tax refunds owed to service providers in the form of pending bills. This includes GST refund dues

Fitch has downgraded Delhi Airport because of the sharp drop in footfall on the back of pandemic-induced travel restrictions, weaker earnings, and net debt-EBITDAR ratio increasing to 10

How the FM can make it a 'never before' Budget. Top experts weigh in

 In terms of YTD, Nifty Pharma topped the rank among other sectors, growing 60%, followed by an almost 55% rise in the Nifty IT index. Nifty metal grew by 16%, while Nifty FMCG was up 15% since the start of the year 2020

The loss, however, was significantly lesser than 2018-19, as Air India carried out massive evacuation operation of stranded Indians from overseas since the start of COVID-19 pandemic, which resulted in sequential improvement in its financial performance

Jaishankar, who arrived in Doha on Sunday for a two-day visit - which is his first to the Gulf nation as the external affairs minister, also handed over a personal communication from Prime Minister Narendra Modi to Sheikh Tamim

The Department of Investment and Public Asset Management (DIPAM), which manages government stake sale programmes, had kicked off the privatisation drive inviting preliminary bids for debt-laden Air India in January

While Air India disinvestment is not likley to conclude by March 2021, the BPCL deal, coupled with privatisation of Shipping Corporation and CONCOR can push disinvestment proceeds to close to Rs 80,000 crore this fiscal.

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25