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Total 341 results found. Search for [ bailout package ]

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PTI
New Delhi, June 30, 2017
Leading domestic carrier IndiGo has expressed its interest to buy out Air India's flight operations, particularly international services, as the airline looks to spread its wings overseas.


BT Online
June 29, 2017
Putting all speculations to rest on Air India's stake sale, Minister of State for Civil Aviation on Thursday said the ministry didn't receive any formal communication from the Tata Group for Air India stake sale.


BT Online
New Delhi, June 28, 2017
Talks about privatising Air India have been going on for a month. It all started with an interview that Finance Minister Arun Jaitley gave to DD News where he said that if private airlines could handle 86 per cent passengers then they could also handle 100 per cent.


PTI
New Delhi, June 25, 2017
The proposal to privatise Air India is a welcome move but salary arrears should be settled first as promised earlier, feel pilots at the national carrier.


BT Online
June 23, 2017
On Thursday, Tatas likely acquisition of the carrier received a thumping response from none other than Bharti Airtel chairman Sunil Bharti Mittal.


Reuters
Dublin, June 14, 2017
Varadkar's election in parliament on Wednesday, 10 days after he succeeded Enda Kenny as leader of the governing Fine Gael party, marks another symbolic moment for Ireland.


Prosenjit Datta
New Delhi, June 10, 2017
For some time, economists and corporate analysts have talked about India's twin balance sheet problem.


Mail Today Bureau
New Delhi, June 1, 2017
The Union Cabinet will soon take a call on whether lossmaking Air India should be privatised with NITI Aayog suggesting that taxpayers' money being pumped into the airline can instead be used on health and education.


PTI
New Delhi, May 31, 2017
Finance Minister Arun Jaitley had last week pitched for Air India's disinvestment saying the carriers market share is just around 14 per cent whereas the debt burden is Rs 50,000 crore.


by Mahesh Nayak
Delhi, February 4, 2017
Leo Puri has a plan to help UTI AMC get its mojo back. But it may be difficult to make it work.


Mail Today Bureau
February 2, 2017
The resources, so raised, will be utilised for airport upgradation,\" Jaitley said while presenting the budget. Experts said the boost to the aviation sector will be crucial for the growth of transport sector. This will also create competition among different modes of transport as it will also prove to be less time consuming. The Civil Aviation Ministry received a substantial increase of over 22 per cent in budgetary allocation at Rs 5,167.60 crore for the next financial year.


PTI
New Delhi, January 3, 2017
Top Air India management is expected to make a presentation in this regard during a review meeting at South Block later this week, sources said on Monday.


PTI
January 2, 2017
With the NDA government set to present its third budget next month, the Prime Ministers Office has sought a detailed performance report from flag carrier Air India, which is surviving on a Rs 30,000 crore bailout package from the exchequer.


PTI
New Delhi, October 19, 2016
\"We have phased out more than Rs 5,000 crore debt from the books in the last fiscal and it now stands at around Rs 46,000 crore,\" a top Air India official said.


PTI
October 16, 2016
Air India, which is operationally profitable now, is looking to rejig debt worth Rs 10,000 crore under the scheme for sustainable restructuring of bad assets floated by the Reserve Bank.


Reuters
New York, June 27, 2016
Global markets skidded following the unexpected result from the June 23 referendum, in which Britons voted to withdraw from the EU by a 52 percent to 48 percent margin.


PTI
New Delhi, June 9, 2016
Air India's \"books are so bad\" that nobody will buy it even if the government wanted to sell off the national carrier, Civil Aviation Minister Ashok Gajapathi Raju said on Thursday.


PTI
New Delhi, April 29, 2016
National carrier Air India is expected to trim losses by more than half to Rs 2,636 crore in the 2015-16 fiscal as compared to a net loss of Rs 5,859.91 crore in 2014-15, the government said on Thursday.


Sumant Banerji
April 28, 2016
And so it happens that the Prime Minister of India, Narendra Modi, owes Rs 134 crore to the airline for chartered flights he embarked upon no less than 10 times between June and December 2015.


PTI
London, April 25, 2016
The UK government's plans to offer a support package to save Tata Steel's UK operations will meet European Union (EU) rules on state aid, Business Secretary Sajid Javid said on Sunday, insisting any deal would not be a bailout or nationalisation.


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