Air India stake sale: Ajay Singh co-founded SpiceJet in 2005 and then sold it to Kalanithi Maran in 2010. He returned in 2015 to turn around the ailing airline

The department has laid out norms for Qualified Institutional Party (QIP) intending to form a special purpose vehicle after the financial bid as well as companies, limited liability partnerships (LLPs), funds and individuals having stake in the bidding entity

At 21% recovery, IBC has performed worse than UPA-era debt recovery mechanisms panned for inefficiencies. The idea of a bad bank is also likely to fail if political interference and poor bank governance continue

The Rs 3,800 crore IPO of Brookfield REIT received bids for 1,15,12,600 shares against the issue size of 7,62,78,200 units, as per the exchange data

While the government has maintained for long it does not wish to be in business in sectors that are not of strategic importance, its track record of disinvestment is patchy at best

Finance Minister Nirmala Sitharaman proposed in the Budget to create a National Monetisation Pipeline, comprising of potential brownfield infrastructure assets

The BRNL highway project taken over by CDPQ is a 67 kilometre toll road project from Bhubaneswar to Chandikhole in Odisha. Sources close to the development told BusinessToday.In that the deal is valued between Rs 1,800 crore and Rs 2,000 crore

The project execution and implementation would be through Sagarmala Development Company Ltd (SDCL), which is under the administrative control of the ministry

The development follows the launch of a seaplane service between Kevadia and Sabarmati Riverfront in Ahmedabad by Prime Minister Narendra Modi on October 31, 2020

When the pandemic started spreading across the country, all scheduled international flights and domestic passenger flights were suspended from March 23 and March 25, respectively. Scheduled domestic flights were restarted in a limited manner from May 25

State PSU Gujarat Gas made the most out of pipeline network in its home state and rising demand from industrial consumers

Mumbai-Ahmedabad bullet train construction: The MAHSR project of 508-kilometer length has been sanctioned with a completion target of 2023

Air India presently has third-largest (9.4 per cent) traffic share in the domestic markets. Tata Group-owned airlines - AirAsia India and Vistara - were fifth and sixth largest with 7.1 per cent and 6.4 per cent market share, respectively

On Tuesday, the panel will see transaction advisor Deloitte's report on the scrutiny of the three bids that were received at the close of bidding last month

Ircon International share price touched an intraday high of Rs 96.05, rising 9.27% against previous close of Rs 87.90 on BSE

While the government has not extended the deadline for EoIs (Expressions of Interest) for the national carrier, the interested entities are required to submit the physical bids within 15 days from December 14

The information memorandum says that in the event of employee reduction, the successful bidder should, for a period of one year must ensure that the company offer its employees voluntary retirement on terms no less favourable than what the Department of Public Enterprises offers

This will be the fifth railways company to hit the Dalal Street since 2017. The four listed ones include IRCON International, RITES, Rail Vikas Nigam and Indian Railway Catering and Tourism Corporation

Mining giant Vedanta had on November 18 confirmed putting an expression of interest (EoI) to buy out the government's 52.98% stake in the Bharat Petroleum Corporation Ltd (BPCL)

India Stock Market Highlights Today: During the session, Sensex hit a lifetime high of 44,601 and Nifty touched record high of 13,079