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Top headlines: 5-6 PSUs to get privatised in FY22; Akasa inks engine deal

Business Standard brings you the top headlines on Wednesday

Akasa Air
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BS Web Team New Delhi
Govt to invite financial bids for privatisation of 5-6 PSUs by Dec-Jan

The government will invite financial bids for privatisation of five to six public sector undertakings (PSUs) in December-January, and close these transactions in the current financial year, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said.

After 19 years, privatisation of five to six PSUs will take place this year itself, Pandey said at the Global Economic Policy Summit. Read more

Akasa Air signs $4.5-bn deal with engine maker CFM International

Indian low-cost airline Akasa Air said on Wednesday it signed an agreement with