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Govt invites bids to hire bankers for Air India sale

Infrastructure

14 September, 2017

Govt invites bids to hire bankers for Air India sale

India has invited bids to appoint two financial advisors and one legal advisor for the privatisation of national carrier Air ......

Turkish firm Celebi keen to acquire Air India's ground handling unit

Infrastructure

08 September, 2017

Turkish firm Celebi keen to acquire Air India's ground handling unit

Turkey’s Celebi Aviation Holding has shown interest in buying state-owned Air India’s ground handling operations, India’s aviation secretary Rajiv Nayan ......

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

TMT

31 August, 2017

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

India has deferred a decision on selling a stake in state-run telecoms firm Bharat Sanchar Nigam Ltd (BSNL) as falling ......

Bird Group keen on acquiring Air India's ground-handling unit

Infrastructure

30 August, 2017

Bird Group keen on acquiring Air India's ground-handling unit

India's Bird Group on Wednesday said it is interested in buying state-owned carrier Air India's ground-handling business, making it the ......

Nirma may buy US firm; AION eyes Alok Industries; Warburg, KKR seek Air India details

General

24 July, 2017

Nirma may buy US firm; AION eyes Alok Industries; Warburg, KKR seek Air India details

Detergent maker Nirma Ltd has emerged as a key contender to acquire US-based Tronox Alkali for $1.5-2 billion, The Economic ......

IndiGo says interested only in Air India's overseas, low-cost units

Infrastructure

06 July, 2017

IndiGo says interested only in Air India's overseas, low-cost units

India's leading airline IndiGo stressed on Thursday that it was keen to buy only state-owned carrier Air India's international operations ......

Cabinet approves proposal to sell govt stake in Air India

Infrastructure

28 June, 2017

Cabinet approves proposal to sell govt stake in Air India

India's cabinet on Wednesday approved a proposal to sell the government's stake in state-owned airline Air India, Finance Minister Arun ......

Air India posts first operating profit since merger with Indian Airlines

Infrastructure

15 October, 2016

Air India posts first operating profit since merger with Indian Airlines

For the first time in a decade, Air India has reported an operating profit of Rs 105 crore in 2015-16, ......

Air India chief Ashwani Lohani in fray for Railway Board chairman's post

Transportation

27 June, 2016

Air India chief Ashwani Lohani in fray for Railway Board chairman's post

State-run Air India’s chairman and managing director Ashwani Lohani is in the race to be the next chairman of the ......

New FDI norms to impact Air India, BigBasket, Food Bazaar, Amazon, Walmart among others

General

21 June, 2016

New FDI norms to impact Air India, BigBasket, Food Bazaar, Amazon, Walmart among others

In a virtual overhaul of sorts, the Narendra Modi government on Monday relaxed Foreign Direct Investment (FDI) norms in key ......