Civil Aviation Minister Hardeep Singh Puri said that Air India Specific Alternative Mechanism (AISAM) has approved 100 per cent sale of government stake...
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28th Apr 2024 | Updated at 08:21am 28th Apr 2024
Tata Motors Q3 net more than doubles to £714.5 mn
Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...
India Inc wants RBI to go slow on interest rate hikes
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
Rising food prices pushed the retail inflation in November to over three-year high of 5.54 per cent, while the industrial sector output shrank for third month in a row by 3.8 per cent in October, indicating deepening slowdown in the economy,...
The national auditor has slammed the government for its inability to wrap up strategic sale in nearly two dozen companies and has also pointed flaws in SUUTI stake sale using the ETF (exchange traded fund) route.
The Reserve Bank of India’s monetary policy committee (MPC) slashed its GDP growth estimate but disappointed markets and borrowers by keeping its key policy rate unchanged after reducing it five consecutive times in 2019
The government will recommend loss-making PSUs identified for strategic stake sale for closure and will not wait endlessly and won’t make repeated attempts to get a bidder
India's third-largest telecom company with over 300 million subscribers, Vodafone Idea’s financial position is so precarious that it will be forced to...
India's Finance minister Nirmala Sitharaman said the government is open to further reforms for making India a more attractive investment destination, eyeing...
Loss-making national carrier Air India will have to cease operations if it is not privatised, minister for civil aviation Hardeep Singh Puri told Rajya...
India's economy grew at its slowest pace in 26 quarters or six-and-a-half years in the July–September period of the current fiscal year, dragged down by contraction in the crucial manufacturing sector, piling pressure on the government to unleash...
Top Union ministers - Amit Shah, Nirmala Sitharaman and Piyush Goyal - called upon India Inc with a clear message: Tell us your problems and we’ll fix...
