Rohit Vaid

India will achieve double-digit growth soon, says BSE Chief

Jul 08 2018

With growing GDP, legislative reforms such as GST and IBC (Insolvency and Bankruptcy Code), India will hit double-digit growth rates soon," Chauhan told IANS.

PNB expected recovery of Rs 1,800 cr from "Mission Gandhigiri"

Apr 20 2018

PNB is expected to recover around Rs 1,800 crore from its NPAs recovery mechanism -- "Mission Gandhigiri" -- which will soon complete one year of operation.

PNB tightens norms, to separate loan appraisal and monitoring teams

Apr 13 2018

To avert any future fraud, PNB said that it has strengthened internal audit controls by having separate "pre-sanction appraisal and post sanction monitoring" teams.

PNB plans vertical to recover stressed assets

Mar 26 2018

Faced with a multi-billion dollar fraud, along with the problem of NPAs, PNB has decided to form a separate "vertical to deal with its stressed assets".

AirAsia India to expand domestically before int'l operations: CEO

Mar 08 2018

We will first commence flight ops to new domestic destinations and increase frequencies. In all we are looking at starting flights to 4-5 new cities in this year."

Stock markets still over-priced, implies NSE Chief

Mar 06 2018

The valuations in the stock markets are still too high and fundamentals need to catch up with them, according to a top official of NSE.

Crude at $60 conducive to revenue growth: Air India CMD

Jan 19 2018

Crude oil prices at around $60 per barrel is the "ideal" level for Air India to sustain its new-found revenue growth, the airline's CMD Pradeep Singh Kharola said.

Air India sale to go on, but suggestions welcome: Minister

Jan 17 2018

"Suggestions" on Air India's strategic divestment are welcome but the proposed stake sale in the debt-ridden national carrier will go on, Ashok Gajapati Raju has said.

AI plans cost management blitz, aims to save around Rs 500 cr

Sep 18 2017

Air India plans to "re-negotiate" its agreements with vendors and suppliers to save operational costs of up to Rs 500 crore with in the shortest possible time period.

Employees' interest to be safeguarded in AI divestment: Raju

Sep 05 2017

The government plans to address the concerns of the national airline's employees and take some "key decisions" for the eventual stake sale in the airline.