India plans sale of debt-laden national carrier Air India

India plans sale of debt-laden national carrier Air IndiaIndia said Monday it plans to sell its entire 100% stake in the national carrier Air India to shore up falling government revenues amid an economic slowdown, after an initial attempt last year failed to attract a single bidder. Civil aviation minister Hardeep Singh Puri called Air India a “great asset” whose financial position was “fragile” due to burgeoning debts. Puri told reporters in New Delhi that Air India as a brand will continue to fly but it needs to be privatized.




from Yahoo News - Latest News & Headlines https://ift.tt/36qN8Jr

Comments

Post a Comment

Popular posts from this blog

Trump says he’ll spare Chinese telecom firm ZTE from collapse, defying lawmakers – Washington Post

Image
Washington Post Trump says he’ll spare Chinese telecom firm ZTE from collapse, defying lawmakers Washington Post President Trump said late Friday he had allowed embattled Chinese telecommunications giant ZTE Corp. to remain open despite fierce bipartisan opposition on Capitol Hill, defying lawmakers who have warned that the huge technology company should be … Trump Administration Plans to Revive ZTE, Prompting Backlash New York Times Trump administration has briefed Congress on tentative deal with China’s ZTE CNN Trump Team Seeks Truce With Congress Over ZTE Wall Street Journal Politico  – The Hill  – Bloomberg  – ABC News all 120 news articles » from Top Stories – Google News https://ift.tt/2LvM6mf from Blogger http://seemab12511.blogspot.com/2018/05/trump-says-hell-spare-chinese-telecom.html&gt ;
Read more

'The Walking Dead' will return for Season 9 with a familiar face as the new showrunner

Image
Scott M. Gimple is out (sort of), Angela Kang is in. The Walking Dead will return for a ninth season with Kang, a writer on the show since Season 2, occupying the showrunner's seat. She's the series first female showrunner, following Gimple, Glen Mazzara, and Frank Darabont. SEE ALSO: 'Walking Dead' pulls a 'Game of Thrones,' departs from comics with major character death Gimple, who has been the showrunner since Season 4, brought stability to the AMC series after tumultuous early years when lawsuits and creative differences between key decision-makers loomed over all. He'll now move into the role of Chief Content Officer for AMC's Walking Dead brand, which includes both the main series and the Fear the Walking Dead spinoff. Read more... More about Entertainment , Tv , The Walking Dead , Amc , and Entertainment from Alltop RSS http://ift.tt/2r2tkNd
Read more