Also in the news on Tuesday: Reliance Jio blasts telecom regulator for its proposal on call connect charges.
This is a third of Rs 33,992 crore debt that was to be passed on to the new owner during last year's failed disinvestment process
The monthly payment was besides the airline being put on cash-and-carry where it was given fuel only against cash payment
Taxibot is a robot-used aircraft tractor for taxiing an aircraft from parking bay to runway and vice versa
The airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue
From Malvinder and Shivinder Mohan Singh's arrest to TCS posting profits, here are the top 10 business headlines on Friday
The three fuel retailers had earlier stated that Air India owed Rs 5,000 crore in unpaid fuel bills with payments being delayed by almost eight months
As of June 1, there were 9,834 permanent employees and 3,556 contractual employees in AI, which has 125 aircraft.
ONGC Petro Additions Ltd will issue later this week three-year three-month bond for up to Rs 500 crore
The government planned to sell Bharat Petroleum Corp Ltd , logistics firm Container Corp of India Ltd and debt-laden Air India before the end of the 2019/20 financial year
Officials aware of the deliberations in a meeting of AISAM on Thursday said the agenda was to seek a formal political approval for the re-initiation of the privatisation process
The government will also likely invite preliminary bids for the carrier by October 10
Officials from finance and civil aviation ministries have been discussing this key issue for a while now
An increase in oil prices could also result in fares going up as costs would have to be passed on, an official said
The bond was floated at 6.99%, around 86 bps higher than the three-year govt bond yield, to be followed by a Rs 15,000 crore bond issue in two weeks
From Eveready's plan to sell battery business to Air India posting operational losses, here are the top business headlines for Monday
Air India told its flight staff that "taking into consideration the health factor of crew, an initiative has been taken by Director Operations to revise the in-flight food menu".
Reflecting tough business conditions, the airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19
Air India Assets Holdings Ltd (AIAHL) - a special purpose vehicle of national carrier Air India - is planning to raise the amount by issuing bonds with different tenures
Singh, who was captaining a New Delhi-Sydney flight on September 7 failed to file the mandatory report on the low fuel situation to the DGCA