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Air India has sought dismissal of the demand by Devas' foreign investors saying it is no longer a state-owned firm after its takeover by the Tata group on January 27, 2022
Three Devas Multimedia investors had secured seizure of AAI and Air India's dues last year. In Jan, Superior Court of Quebec in Canada set aside seizure of AAI dues, capped Air India dues at 50%
Inmarsat and Telekom's hybrid approach to offering Wi-Fi lowers costs
The German company plans to launch an auction in autumn and hopes to value the assets at euro 4-5 bn, including debt