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Page 3082 - Business Finance

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Updated On : 31 Jul 2018 | 5:05 PM IST
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Updated On : 31 Jul 2018 | 5:05 PM IST
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Updated On : 31 Jul 2018 | 5:05 PM IST
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Updated On : 31 Jul 2018 | 5:05 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST
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Updated On : 31 Jul 2018 | 5:04 PM IST

FPIs turn net sellers

Net outflow of Rs 145.89 crore on 30 July 2018

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Updated On : 31 Jul 2018 | 5:04 PM IST

Govt seeks Parl nod for Rs 980 cr equity infusion into Air India

The government today sought Parliament's approval for Rs 980 crore as supplementary grant for equity infusion in Air India which is grappling with financial crunch. The amount is part of the total gross additional expenditure of Rs 11,697.92 crore, for which approval has been sought from the Parliament. The grant has been sought as part of equity infusion into Air India under the Turnaround Plan (TAP), as per the document tabled in the Lok Sabha for supplementary demand for grants for 2018-19. "Taking into account the surrender of savings available in the revenue section of the grant, the ... expenditure (Rs 980 crore) will not entail any additional cash outgo," it added. The grant has been sought under the Civil Aviation Ministry. As per the document, the net cash outgo totals Rs 5,951,22 crore and gross additional expenditure aggregates to Rs 5,745.68 crore. Besides, the government has sought a token provision of Rs 1.02 crore for enabling re-appropriation of savings in cases of new

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Updated On : 31 Jul 2018 | 5:00 PM IST