Thursday, June 27, 2019

Centre to go ahead with disinvestment process of Air India: Ministry of Civil Aviation

Centre to go ahead with disinvestment process of Air India: Ministry of Civil Aviation "In an AISAM (Air India Specific Alternative Mechanism) meeting held on 28th March 2018, it was decided that due to issues like volatile crude oil prices and adverse fluctuations in exchange rates, the atmosphere was not conducive for the disinvestment. But this was last year," the ministry said in a statement.

from Moneycontrol Business News https://ift.tt/2RDBjtN

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...