India's bank privatisation plans can face hurdles amid Covid: Fitch

Jun 07, 2021

Mumbai (Maharashtra), June 7 : The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face...

No intention to privatise Coal India, says Pralhad Joshi

May 18, 2020

New Delhi [India], May 19 : Minister of Coal and Mines Pralhad Joshi on Monday said that the government "doesn't have any intention to...

Privatisation of SriLankan Airlines is part of IMF program, says CEO Richard Nuttall

Jun 12, 2024

SriLankan Airline CEO Richard Nuttall said that the government is on its way to privatise several state-owned enterprises as part of the International Monetary...

Large, mid-sized Indian private banks to gain more market share: Fitch

Sep 03, 2020

Mumbai (Maharashtra) [India], September 3 : Indian private banks which have stronger loss-absorption buffers than the public sector banks are likely to gain market...

Capital support for Indian govt banks to determine loan growth: Fitch

Feb 08, 2021

Mumbai (Maharashtra), Feb 8 : Indian state-owned banks will be forced to continue on a path of risk aversion and soft loan growth without...

Tata Sons wins bid to acquire Air India for Rs 18000 crore

Oct 08, 2021

New Delhi [India], October 8 : Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, has won the bid for acquiring Air...