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Disinvestment will foster Air India’s growth, better utilisation of wide-body planes: Aviation Secretary Rajiv Bansal

On Wednesday, Prime Minister Narendra Modi, speaking after the inauguration of the Kushinagar international airport, said the decision on Air India will give new energy to the country's aviation sector.

Procurement of expensive aircraft parts to be done after approval of senior official: Air India

On October 8, the Centre announced that Talace Private Limited, a wholly-owned subsidiary of Tata Sons, has beaten a consortium led by SpiceJet promoter Ajay Singh by offering Rs 18,000 crore to win the bid to acquire debt-la

Ratan Tata receives Air India flight-shaped cookie as gift; shares image to his Instagram story

Ratan Tata, chairman emeritus of Tata Sons, celebrated as the company won the bid for acquiring the debt-laden Air India.

Ratan Tata, Tata Sons, Air India

Modi Govt issues Letter of Intent to Tatas for sale of Air India

Air India has been in losses since its 2007 merger with Indian Airlines. It has the dubious distinction of having the highest number of employees on its rolls per aircraft.

While this will be the first privatisation since 2003-04, Air India will be the third airline brand in the Tatas' stable -- it holds a majority interest in AirAsia India and Vistara, a joint venture with Singapore Airlines Ltd.

Disinvestment-bound PSU stocks rally after Air India privatisation bid; BPCL, Container Corp shares gain

PSU stocks bound for disinvestment were trading with gains on Monday as investors cheered the long-pending Air India privatisation with hopes pinned on more such disinvestments soon.

Air India, Divestment

Air India Divestment : टाटा संस एयर इंडिया के कर्मचारियों को एक साल तक नहीं निकालेगी, जानें आगे क्या होगा?

केंद्र सरकार ने साफ किया है कि एयर इंडिया के लिए सफल बोली लगाने वाली टाटा संस को एयरलाइ

Air India की हुई घर वापसी, 18 हजार करोड़ में Tata Sons की हुई एयर इंडिया, रतन टाटा ने किया ‘वेलकम बैक’ ट्वीट

Tata Sons won Air India Bid: टाटा संस ने एयर इंडिया के लिए 18 हजार करोड़ की बोली लगाई थी जबकि स्पाइस जेट के

As with all structural reforms during the transition, he said it is important to strengthen social safety nets to maximise the benefits and minimise any adverse implications.

Air India privatisation HIGHLIGHTS: Tata wins bid to buy Air India for Rs 18,000 crore

Air India Sale: Air India will head back to the Tata Sons after a 68-year gap with the central government approving the bid placed by the group. Tata Group has out bid a consortium led by SpiceJet's Ajay Singh.

Air India, Tata Group

Air India divestment: Govt has not taken any decision so far, says Piyush Goyal

"Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government's decision as and when it is taken," he tweeted.

Air India

Air India अभी निजी हाथों में नहीं, Tata Sons का बिड मंजूर होने की खबर को सरकार ने बताया अफवाह

सरकारी विमान कंपनी एयर इंडिया (Air India) के लिए टाटा संस (Tata Sons) की बोली को मंजूरी नहीं मिली है.

Tata Sons wins the bid for national carrier Air India as was the highest bidder

Tata sons wins bid for Air India, may bring Maharaja back after 68-year gap; govt refutes report

Tata Sons has won the bid for debt-laden national carrier Air India, Bloomberg News reported citing unidentified sources, while the government refuted the report. If the Tatas do bag the Air India deal, it could mark the retu

Disinvestment: BPCL, LIC transactions by year-end, strategic sales in focus, says Dipam secretary Tuhin Pandey

LIC initial public offer (IPO) will be the largest IPO in India and one of the large IPOs globally as well, Dipam secretary said, adding that efforts are on to list the insurer in the fourth quarter of FY22.

“Now, strategic disinvestment actually is going to be the primary mode,” Pandey said. This will pave way for more space for private sector to grow businesses while it will also spare the government from frequent capital infusion in PSUs such as public sector banks.

Financial bids for Air India by September 15: Govt

Cairn and Devas sought direction from the court to hold the airline company liable for payment towards the arbitration award that they won against the government of India. The government has challenged/challenging the arbitra

Earlier, the buyer was required to take over as much as Rs 23,286 crore of the airline's total debt of over Rs 60,000 crore (as on March 31, 2019), the government was supposed to absorb the rest.

Cairn Energy seizes Indian govt properties in France as $1.7 billion tax dispute escalates

The oil producer and the Indian government have been at loggerheads for months after an arbitration tribunal ruled in favour of Cairn and asked the Indian government to pay $1.7 billion over a tax dispute.

Cairn case: PSBs not asked to withdraw funds from foreign currency accounts, says govt

Sabre drags Air India to Delhi HC, alleges favouritism in tender process

A bench led by Justice C Hari Shankar sought a response from Air India and Amadeus on the petition filed by Sabre, which alleges that fairness and transparency were wholly lacking in the entire process of the tender.

The bench also said any decision taken in this regard will be subject to the final outcome of the petition.

17 pilots of Air India, IndiGo, Vistara died of Covid in May: Report

While IndiGo did not comment about the pilots' deaths, the carrier said it has given first dose to around 20,000 of its total 35,000 employees and its ground handling subsidiary Agile.

Air India, IndiGo, Vistara, aviation, airlines, coronavirus, Covid second wave, coronavirus in India

Air India’s Delhi-Newark flight makes u-turn after crew spots bat in business class

The bat flew from one area to another area inside the Air India plane after it was observed by the cabin crew.

Air India, Air India news

Air India के यात्रियों को बड़ी राहत, 30 जून तक फ्री में बदलें यात्रा का शेड्यूल, जानिए क्या हैं शर्तें

कोरोना महामारी की दूसरी लहर के चलते देश के कई हिस्सों में आवाजाही प्रभावित हुई है. इसे

Air India extends offer of change in travel date flight number and sector KNOW HERE IN DETAILS

Strategic sale: Financial bids for Air India, BPCL likely to be delayed by 3 months to September

“The transaction advisers are in touch with bidders, who have sought extra time for putting in bids for AI. Covid has affected mobility of bidders' representatives…site inspection is not happening,” an official said, ad

With the sweetening of the deal, senior government officials are optimistic of the AI deal going through this time. The bids for AI are likely to be under Rs 20,000 crore.

Govt may attain up to 90% of FY22 disinvestment target on strong liquidity

Acquisition of assets in PSUs is not likely to be a seamless experience for potential investors given continued uncertainties like labor issues and governance structures.

PSU divestment, BSNL, Air india, LIC, stake sale

Air India के सामने निजीकरण या बंद होने का विकल्प, केंद्रीय मंत्री ने कहा- विनिवेश तक उड़ानें रहेंगी जारी

केंद्र सरकार के मुताबिक सरकारी विमान कंपनी Air India के सामने सिर्फ दो ही विकल्प बचे हैं, या

Financial bids will be invited in coming days for Air India sale says union minister Hardeep Singh Puri

CCI dismisses case of alleged cartelization among domestic airlines

In September 2016, the CCI had directed the director general (DG), its investigation arm, to cause an investigation into the matter on "prima facie" finding that the airlines-- Jet Airways (including Jet Lite), Indigo, Spice

On top of the world: All-women cockpit crew to fly inaugural San Francisco-Bengaluru flight via North Pole

The Air India flight will fly on Saturday over the North Pole, taking the Atlantic route to reach Bengaluru, a senior official of the airline said.

air india all women bengaluru san francisco flight
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