Spv

Showing of 1 - 20 from 17 results
Spv - Total results - 17
Tata Group likely to bid for Air India in partnership with Singapore Airlines; eyes merger of Air India Express, Air Asia India
Business

Tata Group likely to bid for Air India in partnership with Singapore Airlines; eyes merger of Air India Express, Air Asia India

While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.

Air India privatisation: IndiGo, Etihad show interest in ailing national carrier; govt likely to come up with EoI next month
Business

Air India privatisation: IndiGo, Etihad show interest in ailing national carrier; govt likely to come up with EoI next month

Representatives from these companies (IndiGo and Etihad) have met government officials and, unofficially, shown interest in the national carrier.

Air India disinvestment: Govt looking to shift more debt out of crisis-hit national carrier's balance sheet before disinvestment
Business

Air India disinvestment: Govt looking to shift more debt out of crisis-hit national carrier's balance sheet before disinvestment

On Monday, Civil Aviation Secretary Pradeep Singh Kharola said the government is working on the debt issue of Air India to make it more attractive to buyers.

Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle creditors' dues, monitoring panel to oversee process
Business

Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle creditors' dues, monitoring panel to oversee process

Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore as equity and Rs 3,233.36 crore as debt.

Govt plans to transfer BSNL land, loans to SPV to make state-owned teleco debt-free; union alleges undervaluation of assets
Business

Govt plans to transfer BSNL land, loans to SPV to make state-owned teleco debt-free; union alleges undervaluation of assets

The SPV is proposed to sell the land parcel and pay off BSNL debt estimated to be around Rs 15,000 crore.

Jet Airways crisis: Monetising privilege points might not shore up the sagging fortunes of cash-strapped airline
Business

Jet Airways crisis: Monetising privilege points might not shore up the sagging fortunes of cash-strapped airline

Jet Privilege has partnerships with 25 foreign carriers and any member can choose a carrier of choice to fly abroad by redeeming their JPMiles, although taxes need to be paid separately for such flights.

Cabinet approves creation of SPV for Air India divestment; govt to allocate additional Rs 2,600 cr in next fiscal
Business

Cabinet approves creation of SPV for Air India divestment; govt to allocate additional Rs 2,600 cr in next fiscal

The government has been working on ways to revive the fortunes of Air India, which is estimated to have a debt burden of Rs 55,000 crore.

For second month in a row, Air India delays salaries; payment under 'process' says national carrier
Business

For second month in a row, Air India delays salaries; payment under 'process' says national carrier

Air India's union representing narrow-body pilots had last month claimed that a majority of its members were defaulting on their bank loans and other financial commitments due to the salary delays.

Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies
Business

Ola founders seek CCI nod for hiking stake in cab aggregator ANI Technologies

Ola, which competes against US-based Uber counts among its investors names like Softbank, Tiger Global, Tencent and Sequoia Capital, among others

Air India gets fresh fund infusion from Centre; why govt is unwilling to get out of airline business
Business

Air India gets fresh fund infusion from Centre; why govt is unwilling to get out of airline business

Disinvestment of Air India has obviously been too tough to handle. So why not break up the airline – as was envisaged earlier – and at least sell-off in parts

Rajnath Singh stresses on ‘intelligent traffic management system,' security component for smart cities
India

Rajnath Singh stresses on ‘intelligent traffic management system,' security component for smart cities

Rajnath Singh emphasised the need for according priority to the security component in the construction of Smart Cities and said the process should be started at the conceptual stage

Sebi to consider relaxation of norms for REITs, startups
Business

Sebi to consider relaxation of norms for REITs, startups

Sebi's board is expected to consider an easier set of norms on REITs and InvITs.

Bihar to consititute Special Purpose Vehicles to fast-track Patna Metro rail project
India

Bihar to consititute Special Purpose Vehicles to fast-track Patna Metro rail project

The Bihar government has decided to constitute Special Purpose Vehicles (SPV) in a bid to speed up the Patna Metro rail project, state Urban Development Minister Samrat Choudhary said on Friday.

Govt approves Rs 930 cr scheme to boost capital goods sector
Economy

Govt approves Rs 930 cr scheme to boost capital goods sector

According to the statement, the gross budgetary support from the government for the scheme would be Rs 581.22 crore and the balance Rs 349.74 crore would be contributed by the stakeholder industries.<br />

Maharastra takes back 100 acres of Navi Mumbai land allotted to Videocon
Corporate

Maharastra takes back 100 acres of Navi Mumbai land allotted to Videocon

Officials said the land is also needed by City and Industrial Development Corporation (Cidco) for several important projects.<br />

OilMin rejects PMO's SPV proposal for clearances
Economy

OilMin rejects PMO's SPV proposal for clearances

The Oil Ministry turned down a proposal for setting up of a special purpose vehicle (SPV) for obtaining environment, defence and other statutory clearances to expedite exploration and production of oil and gas proposed by the PMO <br /><br /> <br /><br />