The number of passengers has increased to 55.27 lakh during the quarter from 53.28 lakh in the year-ago period, but revenue from passenger has grown at  a much faster rate due to better aircraft utilisation.

To begin with, the guidelines would be applicable to those central public sector undertakings which are likely candidates for strategic disinvestment

The BJP-led NDA continues to shy away from the outright sale of bluechip state firms to the private sector in the present regime

From spiralling costs and cut-throat competition pushing airlines into the red to government initiatives aimed at boosting the fast-growing sector

The government's decision to recapitalise the ailing public sector banks without first fixing the management problems is a bad idea.

A four-pronged strategy is reportedly on the anvil to revive the state-owned Air India, complete with a brand overhaul and motivation for the workforce.

The sale of land, building and other realty assets is part of the government's plan to trim the Rs 55,000 crore debt burden of Air India