Top headlines: Air India sale may get govt Rs 15,000 cr, Sebi ban on Biyani

Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today

Govt may fetch Rs 15,000 cr from Air India sale

The government is expecting to fetch around Rs 15,000 crore from the sale of Air India, its subsidiary Air India Express and AISATS, according to officials and bankers involved in the divestment process. Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. Read more

Air India divestment expected to be closed in first qtr of FY22: DEA secy

The Centre is taking up some of the major disinvestment proceeds on priority, particularly of Air India and Life