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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.
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
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.
"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.
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
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.
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
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.
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 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
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