Top headlines: Air India privatisation, Govt's spending cuts, and more

From Air India privatisation to lay offs at Samsung India, read all the top headlines here.

GoM approves EoI, share purchase agreement for Air India's privatisation

A Group of Ministers (GoM) headed by Union Home Minister Amit Shah on Tuesday approved the Expression of Interest (EoI) as well as the share purchase agreement for Air India's privatisation, a senior government official said. Read more

Govt may cut back on spending by Rs 2-trn as it faces revenue shortfall

Asia's third largest economy, which is growing at its slowest pace in over six years because of lack of private investment, could be hurt further if the government cuts spending. But with a revenue shortfall of about Rs 2.5