Equity Infusion
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After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
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Mahindra Board Holds Plans To Invest Fresh Equity In SsangYong Amidst Coronavirus Pandemic
Mahindra & Mahindra has announced that its board has rejected the proposal to inject fresh equity in SsangYong Motor Company (SYMC), amidst the ongoing COVID-19 crisis. The Indian auto giant holds a controlling stake in the South Korean carmaker and the latter had requested a fresh funding of 500 billion wons ($406 million) over the next three year...
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Government To Infuse Rs 1,500 Crore Into Air India Next Week
The Central government will infuse a fresh equity of Rs 1,500 crore into national passenger carrier Air India early next week, a senior official said on Friday.
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Centre Seeks Rs 2,345 Crore Equity Infusion From Parliament For Air India
The government on Thursday sought approval from Parliament for equity infusion worth Rs 2,345 crore into struggling Air India and another Rs 1,300 crore for Air India Asset Holding.
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Kumar Mangalam Birla, YC Deveshwar Now Part Of Air India Board
The government today inducted corporate bigwigs Kumar Mangalam Birla and YC Deveshwar to the Air India board, a day after seeking Parliament's approval for supplementary grant for equity infusion in the loss-making national carrier.
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Centre Seeks Parliament Nod To Inject $143 Million In Air India
The government has "sought funds for infusion of equity in Air India under (its) turnaround plan," a statement tabled in Lok Sabha said.
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Mutual Fund Folios Jump To Record 6.5 Crore On Higher Retail Participation
Retail investor accounts -- defined by mutual fund (MF) folios in equity, ELSS and balanced categories -- grew by 86 lakh to more than 5.3 crore during the first eight months
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Government to Infuse Additional Rs 800 Crore Into Air India
The Finance Ministry has sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.
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Expert panel meets today to discuss Air India turnaround
A Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee will meet today to look at the turnaround plan for Air India, in particular at an additional equity infusion of Rs 6000 crore. Most importantly, the GoM will also discuss whether the airline will go ahead with the purchase of the 27 Boeing 787s (the Dreamliner).
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Cabinet clears Rs 1200 crore bail-out package for Air India
Air India today got a fresh equity infusion of Rs 1200 crore in the third instance of financial assistance to the beleaguered national carrier from the government.
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AI to get equity infusion if Rs 2,000 cr saved: Patel
The government would infuse additional equity into ailing Air India provided it saves at least Rs 2,000 crore this financial year.
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After Bumper Profits, Centre Scraps Rs 30,000 Crore Capital Support To Oil Firms
The government has scrapped the Rs 30,000 crore equity infusion it had planned in state-owned fuel retailers after they made record profits in the fiscal year ended March 31, according to the Budget Finance Minister Nirmala Sitharaman presented today
-
Mahindra Board Holds Plans To Invest Fresh Equity In SsangYong Amidst Coronavirus Pandemic
Mahindra & Mahindra has announced that its board has rejected the proposal to inject fresh equity in SsangYong Motor Company (SYMC), amidst the ongoing COVID-19 crisis. The Indian auto giant holds a controlling stake in the South Korean carmaker and the latter had requested a fresh funding of 500 billion wons ($406 million) over the next three year...
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Government To Infuse Rs 1,500 Crore Into Air India Next Week
The Central government will infuse a fresh equity of Rs 1,500 crore into national passenger carrier Air India early next week, a senior official said on Friday.
-
Centre Seeks Rs 2,345 Crore Equity Infusion From Parliament For Air India
The government on Thursday sought approval from Parliament for equity infusion worth Rs 2,345 crore into struggling Air India and another Rs 1,300 crore for Air India Asset Holding.
-
Kumar Mangalam Birla, YC Deveshwar Now Part Of Air India Board
The government today inducted corporate bigwigs Kumar Mangalam Birla and YC Deveshwar to the Air India board, a day after seeking Parliament's approval for supplementary grant for equity infusion in the loss-making national carrier.
-
Centre Seeks Parliament Nod To Inject $143 Million In Air India
The government has "sought funds for infusion of equity in Air India under (its) turnaround plan," a statement tabled in Lok Sabha said.
-
Mutual Fund Folios Jump To Record 6.5 Crore On Higher Retail Participation
Retail investor accounts -- defined by mutual fund (MF) folios in equity, ELSS and balanced categories -- grew by 86 lakh to more than 5.3 crore during the first eight months
-
Government to Infuse Additional Rs 800 Crore Into Air India
The Finance Ministry has sought Parliament's nod for making an additional equity infusion into Air India worth Rs 800 crore, less than half the amount sought by the Civil Aviation Ministry for the national carrier.
-
Expert panel meets today to discuss Air India turnaround
A Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee will meet today to look at the turnaround plan for Air India, in particular at an additional equity infusion of Rs 6000 crore. Most importantly, the GoM will also discuss whether the airline will go ahead with the purchase of the 27 Boeing 787s (the Dreamliner).
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Cabinet clears Rs 1200 crore bail-out package for Air India
Air India today got a fresh equity infusion of Rs 1200 crore in the third instance of financial assistance to the beleaguered national carrier from the government.
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AI to get equity infusion if Rs 2,000 cr saved: Patel
The government would infuse additional equity into ailing Air India provided it saves at least Rs 2,000 crore this financial year.
