FinMin to prepare fresh proposal for Air India sale



Probable reasons that led to failure of the sale process include 24 per cent government stake and corresponding rights, high debt, volatile crude oil prices, fluctuations in exchange rate, changes in macro environment, profitability track record of bidders and restriction on bidding by individuals.



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Renault to stop selling diesel vehicles ifrom 2020



The company, which unveiled its compact multi-purpose vehicle Triber in India, is bringing the MPV only in petrol engine option as part of the strategy even as it prepares to introduce electric vehicles in the near future.



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Anil Ambani on why shares of his firms are falling



He said unwarranted rumour-mongering, speculation, and bear hammering of all Reliance Group companies shares over the last few weeks had caused grave damage to all our stakeholders.



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AI sale: FM, aviation minister likely to be in new GoM



The government is planning to liberalise the terms and conditions for the sale of the national carrier. The Centre is still pursuing the option of selling the airline’s subsidiaries before the airline itself, in order to deal with an outstanding debt of around Rs 27,000 crore.



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Blackstone inks India's biggest office property deal



Blackstone has bought A Wing and some part of B Wing of the building, which has three wings with a total area of 1.5 million square feet.



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Bizmen who invested in scooter sharing start-up Vogo



Vogo, which has a fleet of over 12,000 vehicles mainly across Hyderabad, Mysuru and Bengaluru, is also betting big on India’s growing traffic congestion.



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How Patanjali broke laws to buy land in Aravalli hills



The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists’ demand, and at times the Union government’s measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.



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