Modi could spend the funds on infrastructure or recapitalising ailing state banks.

Modi has spelt out a plan to nurse ailing state banks back to health.

Further evidence of the ailing state of the world's No.

Jan Oberholzer is the COO of the ailing state-owned business.

Government is really throwing good money after bad by using public money to bailout ailing state owned enterprises.

Market players are also waiting on a business plan from ailing state oil company Pemex, due next Thursday.

G20 leaders gather for a summit in Cannes today to discuss the ailing state of the global economy.

Treasury is seeking to avoid breaching the expenditure ceiling due to bailouts of ailing state firms, Gigaba said.

Creditors of the ailing state coal company Solid Energy should know more about the company today or early tomorrow.

The Eastern Cape's ailing state of health facilities sparked a skirmish between the unions and the department of health recently.

Ukraine's already ailing state energy firm Naftogaz has to pay debts of over $2 billion, according to Gazprom.

But unemployment is at a decade high of some 30% and ailing state companies have already bled billions of rand.

Purchases would be triggered by applications by ailing states such as Spain, which would be required to meet strict fiscal reform conditions.

Motorcycles were next, as he took over an ailing state-run firm in the mid-1990s and turned it into China's best-known domestic brand.

But Moody's did warn the slow pace of reform, illustrated by a logjam over ailing state power firm Eskom, posed a serious risk.

It aims to let private firms partner with ailing state oil firm Pemex via profit-sharing, risk-sharing and service contracts as well as licenses.