CLOSES

Zero bidders for debt-stricken Air India as deadline closes

Zero bidders for debt-stricken Air India as deadline closes

MUMBAI (AFP) – India’s government announced Thursday that its auction for a majority stake in its debt-stricken airline Air India had received no bids. The cut-off date has already been put back by three weeks because of a lack of interest from buyers for the beleaguered airline. “No response has been received for the Expression […]

Pakistan Stock Exchange closes week in the red

Pakistan Stock Exchange closes week in the red

Pakistan Stock Exchange closes week in the red  EMAIL The Pakistan Stock Exchange (PSX) ended the week on a negative note, with the benchmark KSE-100 index losing 200.69 points, or 0.41 per cent, by close of trading to reach 49,154.57. The index could not sustain gains made in a late rally in the second session […]