Siddhartha Singh
Stories by Siddhartha Singh
India may sweeten Air India sale offer by dropping $3.3b debt condition
The airline posted a loss of $1.2b in 2019— its highest ever.
India seizes beleaguered Yes Bank to implement revival plan
The Reserve Bank of India ordered the lender not to extend new loans or make payments for its liabilities.
India approves plan for SBI to buy stake in troubled Yes Bank
State Bank of India has been authorized to pick other members of the consortium.
India said to consider easing lending rules for shadow banks
Modi’s cabinet is likely to discuss allowing state banks to provide so-called credit enhancement against securities rated BBB+ to non bank financier
Indian govt mulls excluding $7b of Air India debt to attract buyers
Unprofitable for a decade with taxpayers bailing it out repeatedly, Air India’s appeal to any investor is contingent on the government’s ability t
Modi govt weighs paring stake in Indian Oil to below 51%
The country is likely to start selling shares in Indian Oil through an exchange-traded fund in January.
Tough to say when NBFC crisis will be over: India’s RBI governor
On consolidation in NBFCs, Das says: "We have to constantly monitor and remain alert."
India may split units of Coal India to boost output
India may spin-off units of the world’s largest coal miner into separate listed companies.
India weighing options to sell control in smaller, state-run banks
The move is seen as an effort to raise funds to boost spending on programmes for the poor.
Carlyle seeks to double its holding in PNB Housing Finance
The US private-equity firm is considering buying Punjab National Bank’s shares in PNB Housing, which would give it a controlling stake.
