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Total 195 results found. Search for [ air india bids ]

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Manu Kaushik
New Delhi, August 30, 2018
Air India's turnaround was so futile that even after pumping in Rs 28,000 crore into the airline, it could barely generate operating profits (not even net profits) of Rs 403.03 crore in two financial years  (2015-16 and  2016-17).


PTI
August 29, 2018
The Parliamentary Standing Committee on Transport, Tourism and Culture -- headed by TMC leader Derek O' Brien -- also sought details about funds infused by the government into Air India, which has been making losses for long.


BusinessToday.In
New Delhi, August 22, 2018
Flood hit Kerala seeks hike in borrowing limit to 4.5% to raise Rs 10,500 croreBattling its worst flood in nearly a century, Kerala is planning to raise an additional Rs 10,500 crore debt for rehabilitation and rebuilding. To achieve this, the Chief Minister Pinarayi Vijayan today said that his government will ask Centre to raise the ceiling on borrowing for the state to 4.5 per cent of the GDP. The borrowing limit is currently capped at 3 per cent. GSK seeks mid-September bi...


BusinessToday.In
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAsScam-hit Punjab National Bank (PNB) reported a loss of Rs 940 crore for the June quarter of financial year 2018-19. The public sector lender had posted a net profit of Rs 343.40 crore in the same quarter of last fiscal. This is the second consecutive quarterly loss for the second biggest state-run lender. The scam-hit bank had recorded biggest ever quarterly loss of Rs 13,417 crore for the January-March period on the back of Nir...


PTI
New Delhi, July 18, 2018
So far, 30 state governments/Union Territories have signed MoUs with the Civil Aviation Ministry for participating in UDAN and providing various concessions to the airline operators. 


PTI
June 28, 2018
Voicing its concerns over delay in awarding contracts for maritime security programmes, Reliance Naval and Engineering (RNEL) has urged Defence Minister Nirmala Sitharaman to fast-track the process.


BusinessToday.in
New Delhi, June 15, 2018
Trump administration intent on revoking H-4 rule for spouses of H-1B visa holdersThe Trump administration has reconfirmed its intent to rescind H-4 rule regarding employment authorisation to certain spouses of H-1B visas, popular among Indian IT professionals. The move will have a major impact on Indian-American women as they are the major beneficiary of the Obama-era rule. \"Removing H-4 Dependent Spouses From the Class of Aliens Eligible for Employment Authorization,\" said the ...


PTI
June 15, 2018
The government is committed to provide appropriate liquidity and financial resources to Air India, Union Minister Jayant Sinha said today amid delay in payment of salaries at the airline and uncertainty over its divestment plans.


BusinessToday.In
June 13, 2018
In its earlier memorandum, the government had offered to sell 76 per cent stake in Air India - 100 per cent in its subsidiary Air India Express and 50 per cent in its ground handling staff. It also added a clause for Air India staffs that their jobs would be protected for at least a year from the date of final deal.


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.


Manu Kaushik
New Delhi, June 11, 2018
It's hard to find companies in India who can match the privileges of public sector units (PSUs). Air India's recent tender to raise Rs 1,000 crore short-term loans is a shining example of what an organisation can do if it's backed by the government.


BusinessToday.In
New Delhi, June 8, 2018
IMF says India needs to address banking crisis to support investment, welcomes RBI's repo rate hikeThe International Monetary Fund (IMF) has said addressing the ongoing crisis in the banking sector was important for India to support investment and inclusive growth agenda. \"Addressing the banking sector balance sheet issues and improving the performance of particular public sector banks is a very important issue for India to support investment and its inclusive growth agenda,\" IM...


Mail Today Bureau
June 8, 2018
Cash strapped national carrier Air India is desperately seeking a Rs 1,000 crore short-term loan to run its day-to-day operations. The airline has already held back salaries of its 11,000 employees for three consecutive months.


BusinessToday.In
New Delhi, June 6, 2018
The Air India employees get their salaries by 30th or 31st of every month but their March and April salaries were delayed by seven days. The management has not officially communicated the reason behind the inordinate delay to its staff.


PTI
June 4, 2018



BusinessToday.In
New Delhi, June 1, 2018
The Ministry of Civil Aviation said no bids were received for Air India's strategic disinvestment as the deadline for the submission of Expression of Interest (EOI) ended on Thursday.


Mail Today Bureau
June 1, 2018
In a major setback to the government's plans, the offer to sell a majority stake in debt-ridden Air India did not attract any bid as the deadline closed on Thursday.


BusinessToday.In
New Delhi, May 31, 2018
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.


PTI
May 31, 2018



PTI
May 31, 2018



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