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Onerous terms likely to deter Tata Group from bidding for Air India

Infrastructure

11 April, 2018

Onerous terms likely to deter Tata Group from bidding for Air India

India’s steel-to-autos conglomerate Tata Group, widely seen as a potential suitor for Air India, is unlikely to consider a bid ......

Swiss Aviation Consulting denies bid for Air India assets

Infrastructure

09 April, 2018

Swiss Aviation Consulting denies bid for Air India assets

Aviation advisory firm Swiss Aviation Consulting (SAC) on Monday denied it has expressed interest in buying the debt burdened state-run ......

IndiGo pulls out of race to acquire Air India

Infrastructure

05 April, 2018

IndiGo pulls out of race to acquire Air India

Top Indian carrier Interglobe Aviation Ltd, which operates under the IndiGo brand, said on Thursday it was opting out of ......

Govt kicks off process to sell 76% stake in Air India

Infrastructure

29 March, 2018

Govt kicks off process to sell 76% stake in Air India

India said on Wednesday it plans to sell a controlling stake in Air India along with roughly $5.1 billion of ......

Jet, 2 foreign carriers to make joint bid for Air India; Mytrah Energy eyes funds

General

12 March, 2018

Jet, 2 foreign carriers to make joint bid for Air India; Mytrah Energy eyes funds

Jet Airways and foreign carriers Air France-KLM and Delta Air Lines aim to make a joint bid for state-run Air ......

Budget 2018: Govt aims to mop up $12.5 bn from divestment next fiscal year

Finance

01 February, 2018

Budget 2018: Govt aims to mop up $12.5 bn from divestment next fiscal year

The government aims to raise Rs 80,000 crore ($12.5 billion) from stakes sales in state-run companies in 2018-19, as it ......

Foreign investors can now own up to 49% of Air India

Infrastructure

10 January, 2018

Foreign investors can now own up to 49% of Air India

India cleared a proposal on Wednesday to allow foreign investors to own up to a 49 percent stake in state-run ......

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

Infrastructure

05 January, 2018

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

Tata Group and Singapore Airlines are open to bid for indebted state-run Air India, Vistara’s chief executive officer Leslie Thng ......

Pradeep Kharola named Air India chairman

People

28 November, 2017

Pradeep Kharola named Air India chairman

India on Tuesday appointed Pradeep Singh Kharola as chairman and managing director of state-owned Air India, replacing Rajiv Bansal, who ......

Tata Group chairman says keen to bid for Air India

Infrastructure

10 October, 2017

Tata Group chairman says keen to bid for Air India

India’s Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of ......