Air India Sale

The government is not mandating travel by any particular airline, going forward, after handing over Air India because there won't be any state-owned airline, said DIPAM secretary

The prime minister said that Covid vaccinations will inspire confidence among foreign tourists

Air India has returned to the Tatas' stable after 68 years. But, that's just the first step. Let's delve into the long flight to stability that the airline and the group will have to chart

The govt seeks to disinvest its 100% shareholding in the PSU, buyer to observe three-year lock in

The carrier's sale could pique interest in a number of state-run firms in which the government intends to divest stake.

With the successful sale of Air India to the Tata group, Prime Minister Narendra Modi's government has restarted the long-stalled privatisation programme. Can it do a Vajpayee? Watch this report.

After Air India sale, can Modi govt now do a Vajpayee on privatisation? How confident is Qualcomm India president about 5G play? When can EPFO users withdraw from their PF accounts? All answers here

Mood upbeat among AI employees over disinvestment but concerns persist over arrears, salary cuts, medical benefits

Besides Air India and BPCL, SCI, CONCOR, IDBI Bank, BEML, Pawan Hans, Neelachal Ispat Nigam are some of the other public sector companies that are likely to see government cut its stake

Clarification comes amid reports that Tata Sons may have won the bid

Move seeks to facilitate strategic disinvestment of national carrier, strategic sale at crucial phase with Sept 15 being last date for financial bids

Civil Aviation Minister Jyotiraditya Scindia on Thursday said the deadline for submission of financial bids will be September 15, indicating that there will be no extension for submitting the bids.

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

The fall-back option under discussion is to allow Air India Express to raise money through the market by listing on the bourses

The government has started the process to sell its entire 100 per cent stake in Air India that has been in losses since it merged with Indian Airlines in 2007

Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today

Interups had planned to team up with the employees with 49:51 per cent shareholding, promised to invest billions of dollars in Indian aviation sector

The analogy of Sita's swayamvar seems to work perfectly for the sale of Air India

Since the skies are far from clear, the new owner will also be allowed to lay off employees, given their requirement will shrink with the reduction in the fleet size, said officials in the know

Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India