IndiGo, India’s largest airline, looks to purchase 100 smaller planes to expand regional network – Times of India

IndiGo, India’s largest airline, is in discussions with ATR, Embraer, and Airbus to expand its regional network by ordering at least 100 smaller aircraft. The airline currently operates 45 ATR-72 planes with a seating capacity of 78 and is set to receive five more this year. Sources familiar with the matter suggest that IndiGo is…

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Haldiram Snacks gets bid from world’s largest PE fund Blackstone-led consortium; valuing business at $8.5 billion – Times of India

A group led by Blackstone, the biggest private equity fund globally, together with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, made a non-binding offer recently to purchase a majority stake in Haldiram Snacks Food Pvt Ltd (HSFPL), the joint packaged snacks and foods business of the Agarwal family’s Delhi and Nagpur branches, according…

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Pakistan: All state-owned enterprises to undergo privatisation – Times of India

NEW DELHI: Pakistan Prime Minister Shehbaz Sharif declared on Tuesday that all state-owned enterprises, with the exception of strategic entities, will undergo privatisation. The decision was made following Sharif’s leadership of a meeting dedicated to discussing the privatization strategy for financially struggling state enterprises, as per an official statement from his office. Source link

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