AIR INDIA DISINVESTMENT
Assam will remain grateful to govt for maintaining PSU nature of Numaligarh Refinery
The Centre has announced on Wednesday that NRL will not be privatized even as it approved strategic disinvestment of BPCL. Assam chief minister Sarbananda Sonowal had sent a letter to Centre in this regard. The state government stated BPCL is the largest shareholder of NRL and if BPCL is privatized, NRL will go into the hands of private player.
Asset strip, two-phased share sale proposed to make BPCL attractive
The govt is planning to strip some assets from the parent entity while sp...
Spicejet to connect Shirdi via Aurangabad as airport remains shut
Spicejet connects Shirdi with Delhi, Chennai, Hyderabad and Bengaluru and s...
IOC, other PSUs not to bid for BPCL, hints Oil Minister Dharmendra Pradhan
The Cabinet on Wednesday decided to sell the government's entire stake in the country's second-largest state refiner BPCL and India's largest shipping company Shipping Corporation of India (SCI). It also approved privatisation of Container Corporation of India while also giving nod to paring stake below 51% in select PSUs but without losing control.
Mamata Banerjee on divestment of PSUs: PM should’ve called all-party meet before taking such decisions
West Bengal CM Mamata Banerjee said disinvestment of PSUs cannot be a permanent solution, also added that PM Narendra Modi should’ve called ...
Rajya Sabha adjourned till noon as opposition members protest
Soon after laying of listed papers by ministers on the table of the House, Chairman M Venkaiah Naidu said he has received notices from several members to suspend business and take up discussions on the RBI's objection to electoral bonds, and disinvestment of PSUs.
View: Modi finds his inner Thatcher with privatisation drive
Most importantly, India should set its sights at something higher and more durable than a crisis response.
Privatisation good news for BPCL, bad news for 2 other oil retailing PSUs: Ajay Srivastava
PSU privatisation great for shareholders, govt must run a good process to get good value.
Air India buyer can use its iconic Maharaja mascot
Buyer may get airline’s master brand and logo along with the iconic Maharaja mascot.
Taking steps to protect interests of employees: Air India chief on divestment jitters
Air India chief Ashwani Lohani in a communication to the employees on Thursday, said, "Air India, your very own national carrier, is easily the most well-known Indian brand across the globe. It is incumbent upon all of us together to ensure that the brand retains its sheen even in the present testing times."
Alliance Air starts flight operations on Ahmedabad-Kandla route
Flight operation on the route was started on Monday. Kandla is Alliance Air's 55th destination under UDAN scheme. Alliance Air, a subsidiary of Air India, would operate flight on the Ahmedabad-Kandla route every weekday, according to a release by the Ministry of Civil Aviation.
How govt is trying to make Air India attractive for potential buyers
Tata Group chairman N. Chandrasekaran says he will ask his team "to evaluate" bidding for Air India, which was founded by the group 87 years...
Air India starts Mumbai-Amritsar-Stansted flight
Flight AI-165 will fly from Amritsar to Stansted and return as flight AI-166 to Amritsar. It will be the first-ever scheduled flight to India from Stansted airport and the only direct link between London and Amritsar. Starting in Mumbai, the flight will connect Amritsar to Stansted to facilitate Sikh pilgrims to visit the holy city.
Domestic air passenger traffic grows by 3.98 per cent in October
The domestic air traffic last month consisted of 12.31 million passengers compared to 11.84 million passengers in the same month last year, a jump of 3.98 per cent, as per data. IndiGo maintained its lead position with 47.4 per cent share of the domestic passenger market in October, the data showed.
Tie-up to help SpiceJet access wider network of Gulf Air: Ajay Singh
The tieup is commercial and SpiceJet to collaborate with Gulf Air in engineering, cargo, personnel.
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