Scindia said the highest loss was incurred by the now privatised Air India with Rs 9,373 crore loss in 2020-21 and Rs 6,927 crore in 2021-22 (upto December 2021)
The central government will do a two-stage review of the PLI scheme to determine its progress and implementation across sectors. More on this in our top headlines.
Tata AIG will be part of the $12-billion insurance package for A-I
Experts point out that profitability will be a challenge for the airline especially in view of high fuel prices
'I think they (Tata Group) are looking at something up to 30 aircraft, could be as big as that, which is a big order,' says an executive of Rolls-Royce Holdings Plc
A growth in the number of wide body aircraft bodes well for the US aerospace giant as it manufactures the Boeing 777, 787 aircraft
He said the losses of 14 years had accumulated to Rs 85,000 crore
The Tata group is also in preliminary talks with planemakers for renewing Air India's aging long-haul fleet of Boeing 777s
Global aerospace major Airbus India on Monday said that it is in touch with Tata Group for providing its new aircraft A350 for Air India.
Last week, Natarajan Chandrasekaran was appointed the chairman of Air India. This will give the airline a leg up ahead of resumption of international flights. How is his onboarding help the airline?
How's the Blinkit-Zomato merger a win-win deal? What does N Chandrasekaran's appointment say about Air India's future? Smart rally or a pullback likely in markets? What is deepfake? All answers here
These cases related to issues such as employee service matters, consumer complaints, commercial matters, MoS Civil Aviation V K Singh said
Tatas took charge of Air India on January 27. Since then, the airline has been without a designated chief
Tata Sons is yet to appoint the chief executive officer and managing director (CEO&MD) of Air India
Business Standard brings you the top headlines on Monday
Among the large airlines, Air India will see largest capacity addition
An Air India flight from Poland's Rzeszow carrying students evacuated from northeastern Ukrainian city Sumy, landed in Delhi on Friday morning, officials said.
Appointment of Air India CEO would be discussed with the board of Tata Sons as airline revival plan gets going.
There will be a debate among strategists and entrepreneurs about whether Tata Sons has been wise to acquire Air India
The evacuees were received by Union Minister of State for Railways Raosaheb Danve-Patil with flowers and words of solace as they trooped out lugging their belongings.