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Total 341 results found. Search for [ bailout package ]

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BusinessToday.In
New Delhi, September 20, 2018
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.


PTI
September 16, 2018
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.


PTI
September 16, 2018
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.


Manu Kaushik
New Delhi, September 5, 2018
It was among the wisest decisions taken, when the Finance Ministry junked Air India's demand for a Rs 30,000-crore fund infusion, reportedly because the airline didn't present a turnaround plan.


BusinessToday.In
September 4, 2018
After putting disinvestment of debt-ridden Air India on the back burner, the government is set to infuse Rs 2,100 crore into the loss-making national carrier.


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).


BusinessToday.In
New Delhi, August 24, 2018
State-of-the-art Train 18 to replace Shatabdi Express soonAs part of the Railways' plan to increase the speeds of all long-distance passenger trains by 25 km per hour by 2022, it has decided to replace the Shatabdi Express trains with much-awaited semi-high speed 'Train 18'. These trains will be loaded with state-of-the-art amenities and will be used for inter-city travel. The trains are being built under the Make in India initiative at the Integral Coach Factory (ICF) in Chenna...


BusinessToday.In
August 23, 2018
Air India is on the brink of defaulting on bank loan repayments, so the aviation ministry has sought Rs 500 crore from the finance ministry on an urgent basis.


BusinessToday.In
New Delhi, August 23, 2018
Public sector bank CEOs to examine NPA accounts above Rs 50 crore; a report incorrectly says India saved Rs 3 lakh crore by locally manufacturing handsets; and civil aviation ministry's proposal to provide Air India with yet another bailout has been rejected by the Finance Ministry. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


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.


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