Page 12 - Air India

Ground-handling arm of Air India to be monetised first: DIPAM Secy

In a Q&A, Tuhin Kanta Pandey says govt has started initial investor outreach for the LIC IPO, and investment bankers are working on a strategy

Tata Sons board meet on Tuesday to discuss Air India acquisition

In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source

Govt issues letter of intent to Tatas for sale of Air India

Tatas now have to accept the letter of intent, post which the Share Purchase Agreement will be signed

Air India privatisation reflects govt resolve to bite reform bullet: CII

The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identified two public sector banks.

Air India privatisation: Rs 16,000 cr unpaid bills to go to govt's AIAHL

As on August 31, Air India had a total debt of Rs 61,562 crore

Goodbye to the Maharaja: Air India sale signals less govt in commerce

The airline's privatisation is two decades late but Indian taxpayers ought to be relieved to have cut their losses.

Air India sale: Modi govt's first privatisation in 7 years; what next?

With the successful sale of Air India to the Tata group, Prime Minister Narendra Modi's government has restarted the long-stalled privatisation programme. Can it do a Vajpayee? Watch this report.

Top headlines: Govt denies power crisis; Tata sets out to upgrade Air India

Military commanders of India and China started a 13th round of talks on Sunday to resolve the border dispute in Eastern Ladakh. More on that headline in our top stories.

Tata group may need to invest $1 billion to upgrade Air India fleet

The government is expected to issue a letter of intent (LoI) to Tata Sons next week, following which the share purchase agreement will be formalised

After Air India buy, Tata group companies can cross-sell products

Air India has a frequent flier club customer base of 3 million that can be used to offer discounted products

EY burnishes its credentials with successful Air India sale to Tatas

With the Air India deal closed, the team at EY is gearing up for more government asset sale programmes

Higher competitive pressures to weigh on IndiGo, SpiceJet

Tata's Air India win, new entrants could lead to pricing war: Experts

A powerful signal

Govt's approval of Air India privatisation is a landmark

Work to monetise Alliance Air, 3 other AI subsidiaries to start: DIPAM Secy

After AI privatisation, government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore worth non-core assets DIPAM Secy Tuhin Kanta Pandey

Air India: How the government got rid of the albatross around its neck

Air India's sale process will be used as a case study for future asset sale and privatisation bids

Top headlines: Tatas back in the Air India cockpit, TCS PAT rises 14% in Q2

Along with the brand and the slots of the debt-ridden state-owned airline, the Tatas will get the low-cost subsidiary Air India Express and a 50 per cent stake in ground handling firm AISATS.

Tatas have liberty to refer new balance sheet to CAG-approved CA: TK Pandey

DIPAM Secretary says rescue missions such as Vande Bharat are on a cost recovery basis. Air India One has been transferred to the Indian Air Force. This will also be on a cost recovery basis

Air India returns to Tatas after group puts in winning bid of Rs 18,000 cr

Airline will return to Tatas after 68 years; first privatisation move in two decades

Air India has broken 19-year privatisation jinx

The Union government had been trying to privatise public sector enterprises (PSEs) for four years through what it safely labels 'strategic sale'.

Air India to boost Tatas' aviation ambitions

The acquisition will give the Tatas a firm footing on international routes and generate economies of scale