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Total 54 results found. Search for [ Air India profits ]

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Manu Kaushik
New Delhi, September 5, 2018
It was among the wisest decisions taken, when the Finance Ministry junked Air India's demand for a Rs 30,000-crore fund infusion, reportedly because the airline didn't present a turnaround plan.

September 4, 2018
After putting disinvestment of debt-ridden Air India on the back burner, the government is set to infuse Rs 2,100 crore into the loss-making national carrier.

June 19, 2018
The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt laden Air India failed to attract any bidder.

Prosenjit Datta
New Delhi, June 11, 2018
\"Does the government actually plan to do anything to get rid of the loss making Air India before the 2019 elections? I would suspect not. There seems to be a remarkable lack of interest in actually trying to get rid of the carrier,\" writes Business Today Editor Prosenjit Datta.

New Delhi, March 29, 2018
The government's decision to sell 76 pc equity in Air India is an excellent move but there are still a lot of unanswered questions; profits in PSBs will be squeezed further in the coming quarters as regulator RBI has issued new loan structuring guidelines and why Facebook is silent on changing its privacy policy and the kind of data it gathers about its users. BusinessToday.In Editor Rajeev Dubey elaborates on The Good, The Bad and The Ugly.

Manu Kaushik
New Delhi, March 16, 2018
The government's decision to allow 49 per cent foreign direct investment in Air India has opened doors for SIA to look for an Indian ally - which most likely will be Tata Group - to snap up Air India in some form and shape.

March 4, 2018

February 27, 2018

New Delhi, January 7, 2018
This is not an appropriate time to divest government stake in Air India, which should be given at least five years to revive and its debt written off, a parliamentary panel is likely to tell the government.

BT Online
New Delhi, November 3, 2017
The net interest income for Q2 FY18 stood at Rs 4015 crore, showing a 3.5 per cent Y-o-Y growth, whereas the non-interest income for the same period amounted to Rs 1906 crore, with a 5.4 per cent growth.

Mail Today Bureau
New Delhi, July 19, 2017
Air India is being drained of a staggering Rs 6,000 crore every year on account of servicing its huge debt burden estimated at Rs 48,876.81 crore as on March 31, 2017.

July 19, 2017
Air India's net loss after tax narrowed to Rs 3,643 crore and operating profit rose to Rs 300 crore in the last financial year, the government said today.

New Delhi, June 9, 2017
He announced that from September 1, there will be a flight service between Guwahati-Dibrugarh-Pasighat (Arunachal Pradesh) and back.

Manu Kaushik
February 8, 2017
The plan to revive Air India has got a new twist. According to news reports, the airline is planning a three-pronged strategy to get back into shape. To begin with, the airline has plans to recast its working capital debt - it stands at Rs 28,000 crore out of a total debt of Rs 50,000 crore.

By Joe C. Mathew, Dipak Mondal, Sumant Banerji, Venkatesha Babu, Manu Kaushik
Delhi, August 22, 2016
Last year, the government provided budgetary and extra budgetary support of Rs 92,000 crore to its companies and only got back Rs 56,000 crore as dividends. Here's why it shouldn't keep throwing more money into this bottomless pit.

Anilesh S Mahajan
Delhi, June 9, 2016
Two years ago, the prime minister had entrusted Piyush Goyal the task of reviving the country's comatose power sector. In an interview with BT's  Anilesh S. Mahajan, Goyal assured that he is well on his way towards delivering on the promise by tapping the synergies between the ministries under him.

New Delhi, April 16, 2016
Vijay Mallya, the owner of Kingfisher Airlines and many other companies that owe over Rs 9,000 crore of dues to lenders, is currently in London, defying Enforcement Directorate (ED) summons.

New Delhi, April 5, 2016
At an event held in New Delhi on Monday evening to mark the airline's flight operations to Vienna, Civil Aviation Secretary RN Choubey rebutted a recent news report that said the government planed to divest its stake in Air India.

E Kumar Sharma
New Delhi, March 16, 2016
Air India is on road to turning the corner and begin showing profitability ahead of what was originally envisaged by the government. Ashok Gajapatghi Raju, the minister of civil aviation announced this at a press conference at the India Aviation 2016 event in Hyderabad on Wednesday.

Rohit Vaid
New Delhi, December 19, 2014
New entrants apart, the aviation industry was saddled with high interest cost in 2014, which stretched the bottom lines further.

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