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2 mins read
Tata Sons reportedly wins bid to takeover the ‘Maharaja’
SpiceJet founder Ajay Singh was also among the bidders, as per reports. Business Insider has rea…
3 mins read
Last date for Air India divestment plan nears — reports suggest that Tata, Adani and Hinduja Group are interested
Air India’s privatisation plan is entering its final lap. The government of India has extended the …
2 mins read
Air India divestment: Government may inform qualified bidders by January 30
The government was to intimate the bidders by January 5. People in the know of the developmen…
3 mins read
First GE-made Air India aircraft to be service ready in 2023 itself
The first of the Air India aircraft with GE engines are expected to be service ready in 2023 itself…
ANI
2 mins read
AISAM likely to take key decisions on Air India divestment on Saturday
The Centre's top group of ministers looking into Air India divestment is slated to meet on Saturday…
1 min read
Air India divestment: Second phase to begin on January 5, names of the qualified bidders will be announced
In the stage II, shortlisted interested bidders will be provided with a request for proposal (…
1 min read
India's top bureaucrats are meeting today to discuss Air India stake sale plan
The Narendra Modi government is striving to sell Air India to a private player after failing to fin…
5 mins read
Even after the LIC IPO, Indian government may be well short of its divestment target — for a third year in a row
The union government might miss the divestment target for financial year 2022, which will be the th…
1 min read
Weeks ahead of divestment, Air India faces multiple threats of being grounded
The troubles of debt-laden Air India do not seem to come to an end. Even as the government is …
2 mins read
Indian government is looking to sell Air India but may keep its debt
The sale of Air India has been contemplated for years, unsuccessfully. An attempt made in 2018 fail…
2 mins read
Indian government might not be able to close Air India BPCL divestments this fiscal
In what can potentially hurt the fiscal math for the ongoing fiscal, a senior government official…
PTI
3 mins read
Emirates is not interested in Air India but is excited about its code share with SpiceJet
Amidst hectic parleys in the corridors of power, Emirates, owned by the government in the Un…
4 mins read
Income tax, bank recap, Air India, and 5G spectrum sale are some things to watch out for in Finance Minister Nirmala Sitharaman's first budget speech
Finance minister Nirmala Sitharaman will present her maiden Budget and millions of Indians will be …
2 mins read
Air India divestment process looks very uncertain amid COVID-19 crisis, says Crisil
"With the current kind of environment, for people to bid for a known airline like Air India and th…
PTI
2 mins read
Air India's control to be handed over to the Tata Group today
Earlier this week, in a communication to the airlines employees, a senior Air India official…
2 mins read
Air passenger volume will double from 200 min to 400 mn in 7-10 years: Scindia
Growth opportunities for airlines are tremendous as passenger volume will double from 200 million c…
2 mins read
The Indian government is trying to make its struggling national carrier an attractive acquisition target by selling off a profitable subsidiary
India’s central government is not ready to give up on its loss-making national carrier, Air India…
2 mins read
India’s flagship airline may be shutting down if divestment bid fails
@capa_india tweeted, On March 28, the Indian government had issued a Preliminary Information …
2 mins read
Tata Sons, Spicejet in the race for Air India, after employees’ consortium was disqualified
After the consortium of Air India employees backed by NRI businessman Laxmi Prasad and his New York…
1 min read
Union Cabinet gives in-principal nod to divest Air India
The Group of Ministers will decide on the quantum of disinvestment, mechanism of divestment, ass…