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Total 471 results found. Search for [ turnaround plan ]

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Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


BusinessToday.In
New Delhi, September 6, 2018
\"Withholding salaries, that too without prior notice, is a serious matter and the management will bear sole responsibility for any repercussions. Not paying the salaries on time would lead to non-cooperation by pilots,\" say Jat Airways pilots.


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).


PTI
August 29, 2018
The Parliamentary Standing Committee on Transport, Tourism and Culture -- headed by TMC leader Derek O' Brien -- also sought details about funds infused by the government into Air India, which has been making losses for long.


BusinessToday.In
New Delhi, August 29, 2018
The airline has chalked out a cost reduction programme of more than Rs 2,000 crore over two years in addition to plans for better inventory management, improving pricing and monetising its well-established 8.5 million member JetPrivilege programme.


BusinessToday.In
New Delhi, August 29, 2018
Gross NPAs of banks may improve to 10% in March 2019 as resolution process picks up paceThe gross non-performing assets (GNPAs) of the banking sector is likely to improve to 10 per cent in March 2019, from 11.52 per cent as on June 30, 2018, as nearly 60 per cent of the bad loans of the sector are under active resolution, a report has said. The net NPA is also expected to decrease to 4.3 per cent, from 5.92 per cent as of June-end this year, ICRA said in its report. The rating age...


BusinessToday.In
August 28, 2018
If the bank issues about $17 billion of new stock to back an acquisition, that would effectively dilute the Uday Kotak's holding below the RBI's 20 per cent target.


Mail Today Bureau
August 28, 2018
This is the second consecutive quarterly loss for the airline which had posted a profit of Rs 53.50 crore in the same quarter last year. The struggling airline will inject capital and reduce debt to cut its interest costs.


PTI
August 26, 2018
A senior ministry official said the Registrar of Companies (RoC) has asked for details from the airline about certain issues and that the process is going on. Specific details could not be immediately ascertained.


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.


Sumant Banerji
New Delhi, August 20, 2018
How Jaguar Land Rover went from contributing half of the Tata group's profits to recording a huge loss. And whether it can turn around quickly.


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
Government is working on turnaround plan for Air India; audit panel rejects Jet accounts; board defers Q1 results; Samsung Galaxy Note 9 launched at Unpacked event in New York; Supreme Court sends Jaypee Infratech back to NCLT, bars promoters from bidding. Watch more in this episode of Business Wrap.


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.


Manu Kaushik
New Delhi, August 6, 2018
After months of unsuccessful attempts at selling the ailing national carrier, the government decided to pump in additional money.


Anand Adhikari
New Delhi, August 6, 2018
The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?


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