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AIR INDIA
Air India Assets Holding raises another Rs 7,985 crore
These bonds have been subscribed at a rate of 7.39 per cent.
Air India buyer may be allowed to retrench staff in a year
They will be retrenched through the government’s voluntary retirement scheme (VRS)...
Air India asks for equity dues to pay up fuel bills
The development comes after oil marketing firms have again threatened to suspend fuel sup...
Air India becomes first airline to use Taxibot on A320 aircraft
Taxibot is a robot-used aircraft tractor for taxiing an aircraft from parking bay to runway and vice versa.
Oil companies say Air India not honouring Rs 100 crore/month payment promise
Air India owes IOC about Rs 2,700 crore in unpaid fuel bills. This includes Rs 450 crore of interest. Its outstanding towards the three oil firms is about Rs 5,000 crore including interest.
Air India faces mass resignation ahead of divestment
This comes in the backdrop of the govt's decision to begin the process of divestment of Air India's stake.
Unions meet Air India management, pilots want notice period cut to a month
The government is planning to invite bids for the national carrier early next month and its employees, numbering many thousands, including pilots are fearing job losses.
Fuel payment issues with oil PSUs will be resolved early: Air India
"The issues with oil companies are being sorted out and would be resolved early," Air India spokesperson Dhananay Kumar said.
Air India to meet unions over privatisation on Monday
The development comes amid the government mulling to issue a preliminary information memorandum (PIM) early next month, which will lay the road map for its exit from the core aviation business.
Exodus: 120 A320 first officers have quit Air India in last 3-4 months
The reason for quitting ranges from low pay, no career progression and ready availability of jobs in other airlines.
Sale-bound Air India subsidiary gets nod for foreign flights
The move has triggered speculation among Air India employees that government may continue in airline business by not selling Alliance Air.
Aviation scam: ED identifies 3 foreign firms with links to Deepak Talwar's close aide
Talwar is accused of acting as a middleman in arranging kickbacks to public servants and politicians to make Air India give up profit making routes and timings in favour of local and foreign private airlines.
Rural market alone may escape consumption slowdown: Anand Tandon
Banking remains an overweight sector in any portfolio.
Union warns of united struggle against Air India sale bid
ACEU has also decided to launch a "united struggle" against privatisation bid which has already failed twice in the past, union said in a statement after its meeting held in Hyderabad last week.
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