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'We want to finish the handover quickly, because we are paying ₹20 crore a day to run the airline,' says DIPAM Secretary on privatisation of Air India
Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the hold…
PTI
Tata Group may reportedly bid for Air India through Air Asia
While the consecutive governments have managed to create a consensus over many years, even…
Tata, Adani and Hinduja in the fray for Air India as deadline looms
The final date for submission of bids for Air India strategic sale is December 14 and the govern…
Days before the Air India bid, Tatas give AirAsia a ‘national’ tag
“This transaction is in line with our initiatives towards reducing cash utilisation for…
Top Air India officials to retire, squabble for posts begins
The race to reach the top positions of Air India has picked up steam as 10 senior executives are sc…
BPCL divestment opens up to mixed reactions, but the company’s shares takes a hit
The government will be selling its 53.29% stake in BPCL to a strategic buyer, also giving up man…
Air India gets reprieve in UK court over aircraft lease payments
Judge Simon Salzedo, however, issued a strong rebuke to Air India for its "unsatisfactory and d…
PTI
Govt may extend deadline to bid for Air India
As a precursor to Air India sale, the Cabinet in February 2019 approved setting up AIAHL to transfe…
PTI
COVID-19 had massive impact on Indian aviation sector in 2020
The government also had to extend the deadline for submitting bids for Air India five times duri…
PTI
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
Govt extends deadline to bid for Air India till Apr 30
In January, the government restarted the divestment process of Air India and invited bids for sell…
PTI
Govt permits NRIs to own up to 100% stake in Air India
On January 27, the government came out witha Preliminary Information Memorandum (PIM) for Air Indi…
PTI
Govt working on proposal to allow 100 pc FDI in Air India
New Delhi, Feb 4 () The government is working on a proposal to allow 100 per cent foreign direct in…
PTI
Coronavirus: Govt extends deadline to bid for Air India till Apr 30
In January, the government restarted the divestment process of Air India and invited bids for sell…
PTI
Air India sale: Entities can bid based on affiliates' financial strength
New Delhi, Jan 30 () Entities can bid for national carrier Air India on the basis of the financial …
PTI
It's too early to take a call on Air India: Tata Sons chief
The Tata group has already started working on the structure for such buyout, including a merger of…
PTI
Govt extends time till March 6 for bidders to pose queries on Air India sale
As a precursor to Air India sale, the Cabinet in February 2019 approved setting up AIAHL to transf…
PTI
Govt needs to infuse Rs 3K cr in Air India as sale to get delayed: CAPA
In January, the government restarted the divestment process of the carrier and invited bids for se…
PTI
Over 2 million government employees are angry, anxious and dejected over salaries, hikes and job security
During bad times, there is nothing like a secure job — even when you are employed with the governme…
The Tata Group has two airlines and two more to choose from—Air India and Jet Airways
It is not every day that an acquirer gets to choose between two country’s largest airline companies…