Business Standard

Air India Disinvestment Process

Air India seeks transaction advisors for selling PF trusts securities

The Air India Employees Provident Fund trust and Indian Airlines Employees Provident Fund trust are governed by the Provident Fund Trust Act, 1925

Air India seeks transaction advisors for selling PF trusts securities
Updated On : 07 Oct 2021 | 1:17 AM IST

Coronavirus outbreak takes a toll on Air India's disinvestment process

Industry executives and investment bankers said there is less chance of the process being successful in the current situation as business houses, including airlines, are looking to conserve cash

Coronavirus outbreak takes a toll on Air India's disinvestment process
Updated On : 13 Mar 2020 | 11:07 PM IST

Air India, its arms great assets, buyer will use iconic brands, says Puri

After failing to attract a single bid in 2018, the government has this time sweetened the offer.

Air India, its arms great assets, buyer will use iconic brands, says Puri
Updated On : 27 Jan 2020 | 10:53 PM IST

Without buyer, Air India might be forced to shut down by Jun 2020: official

Amid continuing uncertainty over the fate of the national carrier, the official said there is also need for funds to restart operations of 12 grounded narrow-body planes

Without buyer, Air India might be forced to shut down by Jun 2020: official
Updated On : 31 Dec 2019 | 12:47 AM IST

Govt likely to invite bids for stake sale in Air India, BPCL by next month

Last month, the Cabinet had approved a strategic divestment of the government's 53.29 per cent stake in BPCL, along with transfer of certain management control

Govt likely to invite bids for stake sale in Air India, BPCL by next month
Updated On : 20 Dec 2019 | 6:37 PM IST
Updated On : 28 Nov 2019 | 9:39 PM IST

Govt to wrap up sale of Air India, BPCL by March 2020: Nirmala Sitharaman

The finance minister stated the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target of Rs 1 trillion for the current fiscal year

Govt to wrap up sale of Air India, BPCL by March 2020: Nirmala Sitharaman
Updated On : 17 Nov 2019 | 11:12 AM IST

Air India stake sale: EoI for bidders to be issued in first week of January

Significant interest among large companies to acquire the airline

Air India stake sale: EoI for bidders to be issued in first week of January
Updated On : 09 Nov 2019 | 1:56 AM IST

Air India privatisation: Bumps on the runway that are slowing sale take-off

Among the key issues holding Expression of Interest (EoI), first stage of bidding, is whether FDI norms have to be relaxed to allow foreign airlines to take full control

Air India privatisation: Bumps on the runway that are slowing sale take-off
Updated On : 01 Nov 2019 | 9:07 PM IST

Tread warily on privatisation

Privatisation that is not carefully designed does little to help the economy - and it can be politically costly

Tread warily on privatisation
Updated On : 28 Oct 2019 | 11:51 PM IST

Air India sale back on table, govt may divest entire stake in carrier

Taking lessons from last year's failed privatisation attempt, the government is unlikely to hold any residual stake in the airline

Air India sale back on table, govt may divest entire stake in carrier
Updated On : 02 Jul 2019 | 11:10 AM IST

Air India mops up Rs 7.24 bn via assets monetisation plan and space rentals

14 Air India properties various cities have been put on sale

Air India mops up Rs 7.24 bn via assets monetisation plan and space rentals
Updated On : 20 Dec 2018 | 10:52 PM IST

Another go after flop show: Govt now mulls selling 100% stake in Air India

Modi's most high-profile privatization plan ended in a whimper on May 31 as a deadline for prospective suitors passed by with none showing interest in the airline mired in almost $8 billion of debt

Another go after flop show: Govt now mulls selling 100% stake in Air India
Updated On : 12 Jun 2018 | 6:10 PM IST

Air India sale: Centre eases bid conditions, extends deadline to May 31

The government proposes to divest 76 per cent of Air India along with its shareholding in Air India Express and its ground handling subsidiary, AISATS

Air India sale: Centre eases bid conditions, extends deadline to May 31
Updated On : 02 May 2018 | 1:44 AM IST

Air India stake sale: Govt extends deadline to receive initial bids

India will announce the qualified bidders for the beleaguered airline on June 15

Air India stake sale: Govt extends deadline to receive initial bids
Updated On : 01 May 2018 | 4:19 PM IST

How Air India disinvestment is unfolding: Four foreign carriers may bid

As far as the employees clause goes, there is only a one-year lock-in period, post which the government has adopted the same approach as it has for every other disinvestment

How Air India disinvestment is unfolding: Four foreign carriers may bid
Updated On : 12 Apr 2018 | 11:56 PM IST

Air India disinvestment process moving 'quite well', says Arun Jaitley

The panel held a couple of meetings and transaction advisors would be appointed soon: Jaitley

Air India disinvestment process moving 'quite well', says Arun Jaitley
Updated On : 22 Sep 2017 | 9:57 PM IST