Air India plans to use these aircraft on the new routes where it will start flying soon
From RBI planning to come up with fresh fit-and-proper norms for directors on bank boards to Union Bank of India labeling Suzlon Energy Ltd as a bad loan, here are the top business headlines on Monday
The government is looking to complete the Air India stake sale in the next four to five months
After Pakistan closed its airspace following the Balakot air strikes of February 26, Air India suffered a financial loss of around Rs 491 crore
The plan is being prepared after the government's attempt to partially exit the carrier failed to attract any bidder last year
In India, the biggest pain was suffered by Air India that conducts various international flights from Delhi to Europe and the US
According to sources, the national carrier has already suspended Singh for three months over Saturday's incident
The disinvestment-bound carrier, which is incurring Rs 15 crore loss per day, has huge dues towards oil companies and Airports Authority of India, among others
As Air India's sale becomes a top priority, the disappearance of Jet Airways among other factors could further sweeten the deal
After the budget announcement on Friday, Air India chairman Ashwani Lohani had called a meeting of all the 13 unions of the airline Monday to discuss the privatisation plan
The Centre is planning to liberalise the terms and conditions for the sale of Air India
Air India had opened doors for 249 posts in total. Here's what you must know about AIATSL recruitment process, important dates, etc
Will also offer more CPSEs for strategic participation by the private sector
Private airlines SpiceJet, IndiGo and GoAir lost Rs 30.73 crore, Rs 25.1 crore and Rs 2.1 crore, respectively, the data stated.
After a botched attempt to sell Air India in May last year, a panel led by Finance Minister Arun Jaitley had decided in June to scrap the stake-sale plan for the time being
AI's bond market plan does not address core concerns
SBI Caps, the investment bank subsidiary of State Bank of India, has been roped in as advisor to the process, which is the highest fundraising by the company
The govt injected Rs 3,975 cr into the airline in the fiscal year that ended March 31 and hived off some debt and the Ministry of Civil Aviation said on Thursday that the carrier was ready for sale
Britain scrambled Typhoon fighters at supersonic speed to intercept the Boeing 777-337 and safely escorted it to Stansted
Rohit Bhasin, the airline's regional director for East, was rostered as one of the commanders (pilots) of a flight from Sydney for Delhi.