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.
The govt wants to sell a 76% per cent stake in AI that comes with a debt of Rs 33,392 crore; the remaining 24% is likely to be sold later, when share prices go up.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
Fundamentally its a good idea to have the LHT model which is based on having individual level shop unit as a seperate activity cum profit centre and an interface of technical/planning experts team and sales/marketing team and to have the agreements at that level to bring up each cenre of profit.
This is fundamentally a great idea create small individual work centres as profit centres involve the expert manpower and get into shop level jv — it can work miracles — first step down the line provide financial powers focus and bring up core dept guys — read ENGG– engineers , tech officers etc , ops and commercial and than run show
Air India has lost close to forty thousand crores in the last four years – including the current one – when oil prices were largely benign. Instead of semantics, “ independent board “ – look no further than ONGC to appreciate how PSUs are run – the first thing that should be done is to draw a line in the sand. No more financial support, beginning with the immediate requirement of 1,000 crores. Start the process of winding up a terminally ill commercial venture that the market has little use for.
Fundamentally its a good idea to have the LHT model which is based on having individual level shop unit as a seperate activity cum profit centre and an interface of technical/planning experts team and sales/marketing team and to have the agreements at that level to bring up each cenre of profit.
This is fundamentally a great idea create small individual work centres as profit centres involve the expert manpower and get into shop level jv — it can work miracles — first step down the line provide financial powers focus and bring up core dept guys — read ENGG– engineers , tech officers etc , ops and commercial and than run show
Air India has lost close to forty thousand crores in the last four years – including the current one – when oil prices were largely benign. Instead of semantics, “ independent board “ – look no further than ONGC to appreciate how PSUs are run – the first thing that should be done is to draw a line in the sand. No more financial support, beginning with the immediate requirement of 1,000 crores. Start the process of winding up a terminally ill commercial venture that the market has little use for.