Air India Divestment Process

Improving business prospects, divestment make analysts bullish on PSU stks

In the last 10 years, though PSU stocks have gained ground, they have mostly been laggards at the bourses

Govt needs to infuse Rs 3,000 cr in Air India as sale to get delayed: CAPA

In January, the government restarted the divestment process of the carrier and invited bids for selling its 100 per cent stake in both Air India and Air India Express

Air India sale: Sweeteners galore for the bidders in govt's new EoI

Prospective buyers can now sell off the airline after a year, require reduced net worth to be eligible and don't need to have shown profits in the past to be eligible for bidding

Govt announces plan to sell entire stake in Air India, sets terms for sale

March 17 is deadline for submissions of initial expressions of interest; any bidder would have to agree to assume roughly $3.26 billion in debt.

If I was not a minister today, would be bidding for Air India: Piyush Goyal

Air India has been in the red for long and the government is now in the process of finalising the contours for its disinvestment

Air India stake sale: Govt likely to float EoI for airline after mid-Jan

Roadshows were recently held in Singapore and London to gauge investor interest for the debt-laden national carrier

Will look at any opportunity: Delta Air official on Air India stake sale

To revive the debt-laden Air India, the government is working on the modalities for 100 per cent stake sale in the national carrier

Govt looks to move debt out of Air India balance sheet before stake sale

The official also said the government is trying to work out some formula to further make the deal more sweeter

Government considers easing foreign control rule to aid Air India sale

The rule mandates that control of an airline always remain in Indian hands, one of several reasons global firms have been wary of bidding for Air India Ltd

Air India will have to shut shop if privatisation flops: Minister Puri

Government is considering a plan to exclude more than half of Air India's $11 billion of debt in the government's latest attempt to lure investors to the struggling carrier, said sources

Top events today: J&K becomes a UT, Chidambaram's bail plea and more

From International Solar Alliance assembly to Jammu and Kashmir being officially Union Territories, here are the top events of the day to keep an eye on

Govt comes closer to fully exiting Air India, reaches out to investors

This will be the government's third attempt to sell the debt-laden national airline

Sebi rejects Air India's proposal seeking change in listing norms

A senior government official said that the civil aviation ministry which is the owner of the airline had explored the idea of listing the airline

Govt open to listing Air India after failing to attract buyers: Source

The government was considering several proposals related to reviving the divestment process

Air India disinvestment: Unions celebrate as national carrier draws no EoIs

The joint forum, which is a platform of various Air India unions, associations and guilds, has been opposing the move to privatise the national carrier on the grounds of massive 'job losses'

Air India might shut down if govt's terms & conditions stymie sale: CAPA

Aviation consulting firm says it is critical for Centre to amend labour and debt conditions for divestment process to succeed

Modi government to allow holding company structure for Air India

Bidders have termed the condition as onerous; they feel it potentially rules out a merger of operations with a group's existing brands

Govt mulls allowing airlines with negative net worth to bid for Air India

The core group has now suggested that a company with a proven track record of running a successful airline be allowed to bid even if its net worth is negative

Tata, Singapore Airlines open to bidding for Air India: Vistara CEO

open to evaluating bids for Air India

Air India divestment process: SBI Caps hired, 5 teams set up

Air India has constituted five project teams headed by senior officials to deal with various aspects of the disinvestment