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1 min read
Govt raises over ₹4 lakh crores via disinvestment since 2014
The government has raised over ₹4.04 lakh crore through disinvestment and strategic sale of public …
PTI
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
Air India regional office forms panel to identify employees who would go on leave without pay for upto five years
New Delhi, Jul 26 () Air India's northern regional office has formed a committee to identify the "r…
PTI
3 mins read
Over 60 Air India pilots COVID-19 positive, still face 'Wage Cuts': Executive pilots
Air India's executive pilots have urged the government to roll back the recently-announced 'Wage Cu…
1 min read
Air India disinvestment process going on extremely well: Puri
It has proposed selling 100 per cent stake in Air India along with budget airline Air India Express…
PTI
3 mins read
Air India may opt for a BSNL-like voluntary retirement scheme to shed employee cost along with debt
The government wants to ensure that Air India is sold this time around, as it has also cut down the…
2 mins read
Indian government sweetens Air India sale by slicing its debt burden by more than half
Air India is straddling a debt of ₹60,000 crore, and that has put a dampener on the government’s pl…
1 min read
We are evaluating Air India: Vistara chairman on national carrier's disinvestment
"We are evaluating Air India. Which company would not be interested in evaluating a sovereign airl…
PTI
1 min read
Hope disinvestment will deliver a strong, rejuvenated Air India: IATA
New Delhi, Jan 28 () Global airlines' grouping IATA on Tuesday expressed hope that the disinvestmen…
PTI
1 min read
In this disinvestment environment, expecting radical improvement in Air India impractical: CMD
New Delhi, Dec 14 () As the central government is planning to invite bids for Air India soon, its C…
PTI
3 mins read
Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms
Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …
PTI
1 min read
Government invites bids for selling its stake in Shipping Corporation of India
The Centre has expanded its strategic disinvestment plan for current fiscal initiating the sell-off…
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…
3 mins read
The Indian government is planning to sell its struggling national carrier for $1 billion next year — a much lower price than it had initially hoped for
Firstly, the government is desperate to cuts its losses and stop the bleeding from the exchequ…
4 mins read
No one seems interested in buying Air India
Jet Airways, India’s second-largest domestic airline, was reported to be mulling a joint bid wi…
2 mins read
The Indian government is selling a majority stake in Rural Electrification Corp in a deal that will create a power financing giant
The deal will also see the transfer of management control to PFC, which is India’s largest lend…
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…
2 mins read
Air India all prepared to treat its passengers like ‘Maharajas’
The first class and business class seats of the Boeing 777 and 787 aircraft fleet, which operate…
2 mins read
AI to “donate” its Maharaja Collection of 4,000 paintings
The Centre had ordered NGMA to collect the artwork as a donation from AI since it is the on…
2 mins read
Union Budget 2019: Government sets ₹1,05,000 crore disinvestment target, revive Air India sale plan
The government will also revive the plan to divest stake in loss-making Air India. “We will …