Govt won't go for lockdowns in big way: Sitharaman

Amid surging coronavirus cases in India, finance minister Nirmala Sitharaman made it clear that the government would not go for lockdowns in a big way and only resort to local containment. In a virtual meeting with World Bank Group President...

Tata Sons exits BPM biz, offloads Conneqt stake

Tata Sons has sold its remaining 30% in the business process management (BPM) unit Conneqt to Quess Corp - majority owned by Indian-Canadian businessman Prem Watsa - for £20.8 million.

Almost two years after India’s oldest private airline was grounded, Jet Airways may be able to fly again by July or August of this year, the potential new owner of the airline said. Murari Lal Jalan, the lead member of the Jalan-Kalrock consortium,...

The government of India made some headway in its latest attempt to divest in helicopter PSU Pawan Hans, while the RailTel IPO was subscribed over 42 times. “Multiple expressions of interest have been received for privatisation of Pawan Hans.

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