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Total 391 results found. Search for [ bailout package ]

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BusinessToday.In
New Delhi, August 22, 2018
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.


PTI
New Delhi, August 21, 2018
After the proposed strategic disinvestment of Air India failed to take off in May, the government has been looking at ways to bolster the carrier.


Mail Today Bureau
August 13, 2018
Taking the top management head-on, the pilots have questioned as to why the aircraft were being allowed to remain on the ground for so long as this is having a significant impact on the bottom-line of the national carrier.


BusinessToday.in
New Delhi, August 10, 2018
Govt working on turnaround plan for Air India, may allow airlines to raise external commercial borrowingAs the Civil Aviation Ministry plans Rs 11,000-crore bailout package for ailing Air India, Aviation Secretary RN Choubey on Thursday confirmed that the centre is working on a turnaround plan to make the debt-ridden airline competitive. Also, the centre is working on ways to let all airlines raise external commercial borrowing to meet the rising operational costs. The decision se...


BusinessToday.In
New Delhi, August 10, 2018
Civil aviation secretary RN Choubey said they are working on a turnaround plan to make Air India competitive and are holding consultations with the finance ministry.


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.in
New Delhi, August 9, 2018
The mission chief of IMF described India as an elephant that is starting to run; after failed divestment bid, Civil Aviation Ministry plans Rs 11,000 crore bailout package for Air India; and China records first current account deficit in nearly 2 decades. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.in
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAs; govt hikes import duty on 328 textile items to boost domestic production; civil aviation ministry plans Rs 11,000-crore bailout package for Air India; parliamentary panel asks RBI to restore letters of undertaking at the earliest; banks lose Rs 70,000 crore due to frauds in last 3 financial years. Watch more in this episode of Business Wrap.


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, August 7, 2018
The airline is staying afloat on a bailout package extended by the previous UPA regime in 2012. The national carrier's debt burden was more than Rs 48,000 crore at the end of March 2017.


BusinessToday.In
New Delhi, August 6, 2018
Under the new bill, Pakistan is not required to take any action against Haqqani Network or the Lashkar-e-Taiba (LeT), and will also not get any reimbursement for its counter-terrorist activities in the country.


Anilesh S. Mahajan
New Delhi, August 6, 2018
Imran Khan's priority will be to get the economy back on track.


BusinessToday.In
New Delhi, August 2, 2018
From human development indicators like health and education to economic parameters like tax-to-GDP ratio, currency performance, and current account deficit, Pakistan's track record is dismal on all fronts.


BusinessToday.In
July 11, 2018
Amid fund crunch, Air India borrowed Rs 6,250 crore from various banks between September last year and January this year for working capital requirements and other needs.


BusinessToday.In
July 2, 2018
The IRDAI entered the picture because under current norms, an insurance company cannot hold more than 15 per cent stake in a company.


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.


Anilesh S Mahajan
New Delhi, June 12, 2018
The government's bailout package for sugarcane farmers is a disappointing short-term measure. It came right after the BJP's defeat in the Kairana Lok Sabha bypoll in Uttar Pradesh.


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
June 8, 2018
Speculative buying pushed sugar prices by Rs 200 per quintal at wholesale market in national capital on Friday. According to reports, supply from sugar mills remained thin amid brisk demand.


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