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BusinessToday.In
July 3, 2018
The panel, which was set up to study the feasibility of an ARC/AMC for faster resolution of bad loans, has suggested a five-pronged strategy that includes -- SME resolution approach, bank-led resolution approach, AMC/AIF led resolution approach, NCLT/IBC approach, and asset-trading platform.


BusinessToday.In
New Delhi, June 27, 2018
The proposal has got in-principle approval from Prime Minister Narendra Modi and a committee comprising Secretaries from the Civil Aviation and Shipping ministries has been set up to decide on the valuation of the building.


Manu Kaushik
New Delhi, June 27, 2018
In the recently-concluded disinvestment process, the government could not find a single buyer for the national carrier.


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.


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.


Anand Adhikari
New Delhi, June 11, 2018
The bankruptcy proceedings would force Indian banks to book heavy losses. They are now focussed on mini- mising the damage


Goutam Das
New Delhi, June 11, 2018
How India stores is changing; big money sniffs fortune


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 5, 2018
As per the RBI Act, the central bank should have four deputy governors - two from within the ranks and one commercial banker and an economist to head the monetary policy department. Other serving Deputy Governors are Viral V Acharya, NS Vishwanathan and BP Kanungo.


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.


Manu Kaushik
New Delhi, May 31, 2018
Catastrophe has struck Air India yet again. After all the fanfare and brouhaha around the sale of the national carrier, the civil aviation ministry couldn't find a single bidder for the airline.


PTI
New Delhi, May 23, 2018
Jaguar Land Rover has done well in global markets like China and North America but facesmajor challenges of currency fluctuation and Brexit issue in the UK besides the uncertainty over diesel engines as it faced in Europe.


Anand Adhikari
New Delhi, May 8, 2018
Kolkata-based Electrosteel Steels Limited, with debt of Rs 14,000 crore plus, recently became the first company from the dozen large distressed cases shortlisted by the Reserve Bank of India to exit from the Insolvency and Bankruptcy Code (IBC).


PTI
May 3, 2018



PTI
May 1, 2018
\"The board of directors of the company...considered and approved transfer of up to 7.38 per cent stake of the company at the rate of Rs 59,824 per equity share in Red Pixels Ventures Ltd (RPVL), a material subsidiary of the company, to A R Chadha And Co (India) Pvt Ltd, the landlord of the office premises in New Delhi,\" NDTV said in a BSE filing.


Venkatesha Babu
New Delhi, April 16, 2018
In a little over three years, Lisa Su, 48, President and CEO of Advanced Micro Devices (AMD), has changed the fortunes of the semiconductor company that develops computer processors and related technologies for business and consumer markets.


Sumant Banerji
April 13, 2018
The committee of creditors of troubled domestic auto parts maker Amtek Auto on Thursday approved the resolution plan submitted by Liberty House, clearing the decks for the acquisition by the Sanjeev Gupta-led global industrial group GFG Alliance.


PTI
April 12, 2018



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