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The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

PMO wants quick disinvestment of Air India subsidiaries

Air India has a total debt burden of around Rs 55,000 crore.

12 May 2019 12:12 PM IST

Rupee on Monday made a strong comeback from its life-time low of 70.15 against the dollar and ended with a stellar 33 paise gain at 69.82 on heavy dollar unwinding and a robust rally in domestic equities. (Representational image)

India's external debt rises 2.63 per cent to USD 543 billion at...

The external debt-to-GDP ratio stood at 19.7 per cent at end-March 2019, lower than 20.1 per cent at end-March 2018.

29 Jun 2019 11:33 AM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

Troubled mortgage lender DHFL again misses debt payments

DHFL only been able to make a 40 per cent payment on unsecured commercial papers due on Tuesday.

26 Jun 2019 8:52 AM IST

This is for the second time that the company promoters were divesting their stakes.

Emami promoters further divests stake to pare debt

The total promoter stake in Emami Limited subsequent to the stake sale, stands at a controlling majority of 52.74 per...

24 Jun 2019 5:05 PM IST

RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

Claims against RCom swell to Rs 57,382 cr; Rel ADAG cos among...

Reliance ADA Group firms account for Rs 7,000.63 crore of fresh claims against the group firm RCom.

18 Jun 2019 9:24 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Lenders seek Jet Airways bankruptcy in last-ditch sale effort

Jet and its lenders have been searching for new investors but have failed to agree a proposal.

18 Jun 2019 8:46 AM IST

DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.

DHFL in talks with PE firm; expect USD 1 bn from sale of half of their...

The Wadhawan family, the promoters of the company, currently holds close to 40 per cent stake in the company.

13 Jun 2019 12:19 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Collapsed Jet Airways' ex-partners, rivals scramble to fill India...

Other former Jet partners are in talks with carriers like IndiGo and SpiceJet about new codeshare relationships.

3 Jun 2019 10:05 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

India 10-yr bond yield drops as FPIs shift from equities to debt

Investors have moved to debt; net inflows amounted to USD 1.3 billion as of July 1-29.

31 July 2019 1:40 PM IST

In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet:...

The net worth of BSNL stood at Rs 34,276 crore, while MTNL had a negative networth of Rs 9,735 crore as on April 1,...

30 July 2019 4:11 PM IST

The financial creditors would vote for the second time on the resolution plan for Jaypee Infratech.

NCLAT extends Jaypee Infratech insolvency period by 90 days

Appellate tribunal rejected the plea of Jaiprakash Associates Ltd, the promoters of Jaypee Infratech, to be eligible to...

30 July 2019 3:02 PM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

Air India plans to bring all 17 grounded aircraft back into operation:...

Air India plans to use these aircraft on the new routes where it will start flying soon.

23 July 2019 11:24 AM IST