Air India: the privatisation question
India’s government is moving towards privatising the country’s beleaguered national airline, which has floundered amid stiff competition from no-frills rivals and reported at least seven years of losses.
The New Silk Road - the matrix of emerging transportation routes, development projects, trade deals, customs unions, and political initiatives to better connect countries from China to Europe - is at root an inter-governmental affair. But while governments are assembling a…
Summa Group, the holding company of Russian billionaire Ziyavudin Magomedov, is in talks to sell a stake in transport operator Fesco to a consortium headed by DP World, Dubai’s ports company, and the state-run Russian Direct Investment Fund.