Air India

Finance

27 January, 2022

Tata group takes control of Air India

India's Tata Group took control of state-run carrier Air India on Thursday, regaining ownership of the airline after nearly 70 ......

Finance

15 November, 2021

India Inc records 221 deals worth $9.2 bn in October; M&A highest since 2015

India Inc witnessed 221 deals worth $9.2 billion in October, an 11% increase compared to the previous month and double ......

Infrastructure

19 October, 2021

Tata will need over $1 bn to refurbish Air India's fleet

Tata Sons' $2.4 billion purchase of debt-ridden, government-owned Air India will give the conglomerate immediate access to valuable flying rights ......

Infrastructure

08 October, 2021

Tata wins bid to take over troubled state-run Air India

Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said on ......

Finance

11 August, 2021

India to list LIC by current fiscal year end, says govt official

The Indian government expects to list state-owned Life Insurance Corp (LIC) by the end of the current fiscal year, and ......

Finance

29 June, 2021

After Cairn, Devas sues Air India to recover $1.5 bn award

Shareholders in Devas Multimedia have sued Air India in an effort to recover sums Devas won in arbitration awards against ......

General

30 April, 2021

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......

General

26 March, 2021

Grapevine: Byju's to raise money for shopping; MobiKwik raises pre-IPO round

Byju’s is looking to raise up to $600 million (Rs 4,345 crore) at a valuation of up to $14 billion ......

General

08 February, 2021

Grapevine: Govt mulls Bhel stake sale; Blackstone closes in on Embassy Industrial Parks

The Union government may consider Bharat Heavy Electricals Ltd (Bhel), Mecon Ltd and Andrew Yule and Co. Ltd among candidates ......

General

29 January, 2021

Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

Global private equity fund Carlyle is looking to acquire a significant minority stake in Indegene Lifesystems, a healthcare IT firm ......