On Tuesday, BPCL shares closed 4.4 per cent lower. That would value the centre’s 53 per cent stake at around Rs 45,000 crore. And this time around, officials aren’t even remotely willing to hazard a guess on what sort of premium the government would get on…

Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power

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According to Morgan Stanley, job losses in the formal segment have been contained so far but relatively higher impacted segments are the self-employed retail and MSME segment. Commentary from banks highlight material drop in collection efficiency during the…

Indian banking has come a long way since 1991. The private banks have played an instrumental role in this transition bringing new technology and products to the banking space. However, despite this, Indian banking is still a work in progress on some core…

The Centre is confident of meeting the ambitious divestment target of Rs 1.75 lakh crore through share sales in Air India and other companies, including the Life Insurance Corporation IPO, which is expected to be India’s largest.

In a bid to expedite its assets monetisation plan and speed up development of smaller airports in the country, the Lok Sabha passed the Airports Economic Regulatory Authority of India (Amendment) Bill, 2021 (AERA bill) on July 29.

Emirates is not interested in setting up a domestic airline in India right now, Tim Clark told Moneycontrol.

Emirates is not interested in setting up a domestic airline in India right now, Tim Clark told Moneycontrol.

Rononjoy Dutta added that India’s aviation market is big enough to accommodate two or three airlines.

Emirates is not interested in setting up a domestic airline in India right now, Tim Clark told Moneycontrol.

Indian consumers deserve to have a quality sustainable airline serving the market, says Walsh.

Government’s policy to retain presence in certain sectors leaves out a large number of big PSUs

The government may introduce key financial sector bills, including the one to facilitate privatisation of public sector banks.

The proposal, if cleared by the Narendra Modi government, could prove to be significant in simplifying the privatisation of state-run lenders.

She alleged all big government institutions have been "sold to the big industrialist friends" of Prime Minister Narendra Modi.

The government is hesitant to kick-start the bank privatisation plan in the face of trade union opposition.

The bank is aiming to increase advances by 12% in the current financial year with secular growth across retail, micro, small and medium enterprise (MSME), and corporate and agricultural loans.