With no interested buyers bidding for its purchase, selling shares in an initial public offering can help the govt retain control of Air India Ltd. and raise cash
For a government that was supposed to be business-friendly, the Modi administration has shown little or no understanding of what businesses actually want, as proved by the conditions set for AI sale.
Gandhi is likely to ask for a June-end deadline to complete the probe into a crew member’s claims that an Air India executive sexually harassed several employees.
In a fresh letter to ministers Suresh Prabhu and Maneka Gandhi, she claims no action has been taken against Capt. Darryl Pais despite assurances from ministers.
The failure is a setback to Modi’s reformist image ahead of national elections due next year. No bidder came forward to purchase 76 percent of Air India Ltd.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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