Top headlines: Tata group to take over Air India, Fed flags rate hike

The government is likely to put several non-strategic public sector undertakings on the block next year. More on that in top headlines.

The Federal Reserve on Wednesday signaled it is likely to raise US interest rates in March and reaffirmed plans to end its bond purchases that month as well. More on that in our top headlines this morning.

Future to sell 25% stake in insurance JV to Generali for Rs 1,253 cr 

Debt-ridden Future Group has announced that it will sell its 25 per cent equity in Future Generali India Insurance Company Limited (FGIICL) to its JV partner Generali for a cash consideration of Rs 1,252.96 crore as part of its asset monetisation plans to pair debts. Read