Bailout Package
Recent Highlights
All Stories for Bailout Package
Pakistan 'very close' to reaching a settlement with IMF over bailout package, says finance minister Asad Umar
•Pakistan Finance Minister Asad Umar said negotiations with International Monetary Fund (IMF) has reached its final stage with the settlement of almost all issues related to a bailout package.
Centre should sell BSNL after dismantling it rather than extending bailout package to keep telco ringing
Vivek •The interesting thing is that once upon a time, BSNL used to make a lot of money.
Cabinet approves creation of SPV for Air India divestment; govt to allocate additional Rs 2,600 cr in next fiscal
•The government has been working on ways to revive the fortunes of Air India, which is estimated to have a debt burden of Rs 55,000 crore.
Ahead of elections, Cabinet approves Rs 8,500 cr bailout package for cash-starved sugar industry
•The Cabinet on Wednesday approved a Rs 8,500 crore bailout package for the sugar industry which includes Rs 4,500 crore soft loan for building ethanol production capacity and creating a 3 million tonne stockpile to soak up excess supply
Govt could push a Rs 8,000 cr package for the sugar industry, says food minister Ram Vilas Paswan
•A bailout package has been worked out as sugar mills' financial health has worsened due to sharp fall in prices following a record sugar production of over 31.6 million tonnes so far in the 2017-18 marketing year (October-September).
Sugar stocks in demand; surge up to 7% amid reports of govt likely to announce Rs 7,000 cr bailout package for sector
•Concerned over mounting cane arrears of more than Rs 22,000 crore, the government is likely to announce a bailout package of over Rs 7,000 crore to ensure cash-starved mills clear dues to farmers at the earliest
Air India rot runs deep amid understating losses, bleeding international ops
Sindhu •Perhaps the government will examine the dismal operational efficiency of Air India and figure out a way to enhance its revenues, turn it around
Strategic sale of PSUs: When will top loss-makers Air India, BSNL find a mention?
Sindhu •BSNL and Air India together have accumulated losses estimated at over Rs 68,000 crore.