Air India
Manufacturing
Govt invites initial bids for 26% stake in state-run BEML
India has invited initial bids from private firms for a 26% stake in state-owned defence and engineering company BEML Ltd, ......
Economy
Govt eyes asset sales to partly fund higher spending next year
India is likely to spend more next fiscal year than this year's budgeted $415 billion and prioritise infrastructure projects, relying ......
General
Grapevine: Yuri Milner to invest in Rupeek; Interups backs out of Air India race
Yuri Milner, the billionaire chief of global technology fund DST Global, is in advanced discussions to back gold-loans startup Rupeek, ......
Infrastructure
Tata Sons, others submit initial bids for Air India
The Indian government said on Twitter it has received multiple bids for its stake in state-run carrier Air India, the ......
General
Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete
Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......
Economy
Govt asks state-run firms to consider buybacks in move to bridge fiscal gap
India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......
General
Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon
Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......
Infrastructure
Why Indian aviation faces a long flight to full recovery from virus impact
The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline ......
Infrastructure
Govt allows some flights, asks airlines to follow ticket price rules
Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two ......
Consumer
Coronavirus: Which PE portfolio firms are in the line of direct fire?
Private equity firms can expect some of their portfolio companies in travel, food, hospitality and entertainment to take a hit ......