Weakening financials coupled with rising NPAs and issues such as increasing exposure in sectors badly hit by pandemic could pose hurdles in government's plan to sell around 10 per cent stake in insurance behemoth via a share sale

As per the notification by the Department of Economic Affairs (DEA) that comes under the Finance Ministry, foreign investments in Air India, comprising that of foreign airlines shall not exceed 49 per cent

PM Modi had in February this year envisaged raising around Rs 2.1 lakh crore by selling state assets in an attempt to contain the budget deficit at 3.5 per cent of the GDP

Airlines have taken to the skies after two months. But their pain is far from over

The government will engage two pre-IPO transaction advisers for what could be the largest ever IPO in India. LIC is a fully-owned government entity, which has delivered strong performance over the years

It is time to constitute a task force consisting of all stakeholders to review the policy framework in a time-bound manner and institutionalise a foundation for Post COVID-19 Atma Nirbhar Bharat

The package is completely aligned to self-professed agenda of the IMF of limiting fiscal spending, relying on liquidity and credit to households, privatising government-run companies and more deregulations for private enterprises. This agenda has brought immense grief to a large number of countries to be comforting

Coronavirus lockdown 4.0: BPCL's profitability is strong enough to support the government initiatives. The company posted over Rs 8,500 crore profit in 2018-19, on a revenue of Rs 3.4 lakh crore

Coronavirus update: Finance Ministry had earlier extended the deadline for bids submission for Air India to April 30 from March 17. The government wants to offload 100 per cent of its stake in the beleaguered airline

Coronavirus update: The aviation sector has been hit hard by COVID-19 with airlines cancelling international flights and announcing pay cuts for employees

Airlines are evaluating their expat pilots strategy to pare costs and rationalising route planning

Air India Sale Updates: The last date for submitting preliminary bids is March 17

Speaking to media after Cabinet meeting, Finance Minister Nirmala Sitharaman said the government is removing the imprisonment angle and reducing punishment proposed under Companies act

This is the second attempt by the government in as many years to divest Air India, which has been in the red for long

This is the second attempt by the government in as many years to divest Air India, which has been in the red for long

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\"Which company would not be interested in evaluating a sovereign airline of the country,\" said Vistara chairman on being asked whether Vistara was interested in Air India

Adani's energy and infrastructure conglomerate is planning on submitting an EoI next month but final decision will likely come after EoI process gets over and bidders get to access data online

Government has already issued the first set of clarifications for Air India bidders on the 'confidentiality undertaking' listed out in the Preliminary Information Memorandum (PIM) issued on January 27

Bansal, a 1988-batch IAS officer of Nagaland cadre, will assume the position of Air India Chairman and Managing Director for a second time