Spv

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.

Air India sets up nodal cell in Delhi to facilitate interaction among advisors for disinvestment

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

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

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

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

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

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

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

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

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 />