ADB and the Energy Efficiency Services signed a USD 13 million grant, to be provided by the Global Environment Facility, for the additional financing of an ongoing ADB-supported project that is promoting end-use energy efficiency

US Secretary of State Mike Pompeo said the waivers were issued to countries that have already cut purchases of Iranian crude over the past six months.

The government is going to announce a turnaround plan (TAP) for debt-ridden Air India that will reportedly include transfer of the national carrier's working capital debt of Rs 30,000 crore and non-core assets to a special purpose vehicle.

The Finance Ministry is drafting a framework for ministries and departments which they would follow while selling non-core assets of CPSEs.

Air India is just about managing to stay afloat on the Rs 30,000 crore bailout package extended by the previous UPA regime in 2012 for a decade.

Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.

Besides, plans are on the anvil for selling the headquarter building of Air India in the national capital as well as various other land assets and buildings of the airline in different parts of the country.

Qatar Airways, which has been eyeing the fastest-growing Indian aviation market for a while now, is showing interest in buying Air India.

Analysts suggest the government's decision to reject fund infusion proposal could have stemmed from the fact that another bailout package might not play in favour of the present government in the upcoming Lok Sabha elections in 2019.

How Malvinder and Shivinder Singh blew Rs 22,500 crore in less than a decade and lost control over Fortis Healthcare and Religare Enterprises.

The stock is also part of ace investor Rakesh Jhunjhunwala's portfolio who holds 5.21 million equity shares or 3.69% stake as of June 30, 2018, the shareholding pattern data shows.

Analysts suggest no airline would come forward to buy the carrier if the Centre insists on retaining 26 per cent stake in Air India. A poor response to Air India divestment also means the Centre might face similar hurdles in selling other state-owned companies too.

From Goyal's statement, it seems evident the Jet Airways top boss is holding the cards on the expectation that the government would ease out more terms and conditions for the sale of beleaguered airline.

At least two prominent Indian carriers - Indigo and Jet Airways - have already backed off and said they will not be interested in taking over Air India, at least under the current terms and conditions.

Today the government also put out clarifications for as many as 160 questions that it had received from interested bidders on the disinvestment of Air India and its subsidiaries.

As the government awaits expression of interest for Air India stake sale, International Finance Corp (IFC) of World Bank Group has said it is \"watching the process closely and may get involved at a later stage\".