India is now much better than China in terms of rate, transparency, and tax administration so companies can now look at India for setting up new units, says the FM

Air India has reported an operating loss of around Rs 4,600 crore in the last financial year mainly due to rise in fuel prices and higher costs as Pakistan closed its airspace for Indian carriers which resulted in higher costs and caused a daily loss of Rs 3 to 4 crore

As part of efforts to clean up the balance sheet of Air India, which has a debt burden of more than Rs 58,000 crore, little over half of the amount is to be repaid by way of proceeds from the issuance of bonds by Air India Assets Holdings

India Today's data analysis unit DIU has found that the rate of return on capital deployment in PSUs has decreased from 25.43 per cent to 14.21 per cent over nine years

The disinvestment-bound national carrier, which is already providing similar services to first class passengers, would be rolling out the initiative on a pilot basis at the Delhi airport this month

Air India owes about Rs 4,300 crore in dues to the three OMCs - Indian Oil Corp, Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd

After analysing the Air India's disinvestment process of 2018, the then transaction adviser 'EY' in its report cited the government retaining 24 per cent stake and corresponding rights and high debt as reasons for the failure of the disinvestment process

Nearly a dozen companies have been identified in a preliminary list, including maharatna and navratna CPSEs such as Indian Oil Corporation, NTPC, Power Grid, Oil India, GAIL, BPCL, and Engineers India Limited, where the government wants to cut its direct holding to under 51 per cent

SJM has said that India must recognise the full extent of the national and economic security threat posed by foreign and especially Chinese equipment in India's ICT networks.

The government has given in-principle approval for strategic disinvestments of 23 CPSEs including subsidiaries, units and joint ventures with majority stake sale of the government and transfer of the management control

Why the government will find it difficult to revive BSNL even with its huge bailout package

For the disinvestment process, the books of accounts of Air India till July 15, have been closed and those financials would be used while seeking bids