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Total 391 results found. Search for [ bailout package ]

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Joe C Mathew
New Delhi, June 8, 2018
Crisil states that the package will be enough to clear only 40 per cent of the Rs 22,000 crore cane price arrears sugar mills owe to sugar cane farmers.


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.


BusinessToday.In
New Delhi, June 6, 2018
The government has also increased minimum selling price (ex-mill sale price) to Rs 29 per kg from Rs 25 per kg. The centre would create a buffer stock of 3 million tonnes of the excess sugar, and has allotted Rs 1,200 crore for this purpose.


PTI
June 5, 2018



PTI
New Delhi, June 4, 2018
The Food Ministry has proposed creation of a buffer stock of 3 million tonnes of sugar. The carrying cost of the sweetener would be borne by the government, which is estimated to cost the exchequer around Rs 1,300 crore.


BusinessToday.in
New Delhi, June 4, 2018
The government's plan to sell 76% stake in Air India has failed miserably. No bidder has applied for Air India in the last few months when the government wanted to sell stake in it. Air India is a loss-making airline, which has a debt to the tune of Rs 48,000 crore. Watch BusinessToday.In's video where Manu Kaushik talks about how the government can bail out Air India.


PTI
June 4, 2018



BusinessToday.In
June 4, 2018
Air India had been receiving about Rs 3,000-4,000 crore equity infusion on an average per fiscal from the government till financial year 2014. However, after that the amount was gradually reduced.


Reuters
May 26, 2018
Pakistan expects to obtain fresh Chinese loans worth $1-2 billion to help it avert a balance of payments crisis, Pakistani government sources said, in another sign of Islamabad's growing reliance on Beijing for financial support.


Reuters
New Delhi, May 12, 2018
Four Indian state banks reported on Friday a combined net loss of 117.29 billion rupees ($1.74 billion) for the fiscal fourth quarter due to a jump in bad-loan provisions following a tightening of the Reserve Bank of India rules.


BusinessToday.In
New Delhi, March 28, 2018
The Civil Aviation Ministry has asked for Expression of Interest (EoI) for selling its shares in the debt-laden carrier and two of its subsidiaries - Air India Express and Air India SATS Airport Services.


PTI
New Delhi, January 14, 2018
The government is exploring options of absorbing Air India employees in public sector enterprises and voluntary retirement package as it moves ahead with the airline's disinvestment amid stiff opposition from worker unions, sources said.


PTI
January 14, 2018



PTI
January 10, 2018



BusinessToday.in
January 9, 2018
Last year in June, the Cabinet Committee on Economic Affairs gave an in-principle approval for considering strategic disinvestment of Air India.


BusinessToday.in
New Delhi, January 8, 2018
Months after the government initiated a process for strategic disinvestment of Air India, a parliamentary panel has reportedly concluded that this wasn't a right time to privatise the national carrier and it should be given at least five years to revive.


BusinessToday.in
New Delhi, November 30, 2017
ill now, only Tata joint ventures, AirAsia India and Vistara, and IndiGo Airline have shown interest, but now Jet Airways and Spicejet are reportedly also planning to bid for buying the ailing national carrier. 


PTI
October 26, 2017
The Cabinet, in June, had decided on strategic disinvestment of the loss-making Air India, which is staying afloat on taxpayers' funds, and a ministerial panel is working on the modalities.


BT Online
October 20, 2017
The State Airlines has requested the banks to submit their proposals -financial bids along with the amount they are willing to provide - by October 26. The loan will have a tenure up to June 27, 2018 from the date of being availed and the deadline could be extended.


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