AIR INDIA DISINVESTMENT
How govt can achieve its disinvestment mission
Sale of direct and indirect stakes up to 51% equals 1-2 years of selloff targets
Long-term compounding opportunities for small cos in media, healthcare and entertainment: Gautam Chhaochharia, UBS
Given the global slodown, ...
Air India buyer may be allowed to rename airline
A source close to the deal says now that they are planning for a complete exit from Maharaja...
Strategic disinvestment of both HPCL, BPCL this year?
ONGC is looking to sell HPCL, the expensive buy that had put an end to its debt-free status.
Air India's Hyderabad MRO eyes EASA certification
The MRO hangar at the Rajiv Gandhi International Airport can accommodate two A320 family aircraft simultaneously or one wide body aircraft such as B747 or B777. The MRO facility now offers services to the captive fleet and is planning to increase shifts to two.
Economic reform is not a panacea for all companies: Saurabh Mukherjea
Growth slowed after 1991 reforms too, expect GST benefits from FY21-22.
Alliance Air maiden overseas flight commences operations
The wholly owned subsidiary of Air India would fly between the two cities on Mondays, Wednesdays and Saturdays. Alliance Air connects 53 destinations within India with 113 destinations per day. Jaffna is the 54th destination for the airline. Commemorating the launch of the service, Governor of the Northern Provincial Council of Sri Lanka Suren Raghavan took part in the journey.
The challenges to turn Air India into an entity attractive to potential buyers
With the govt powering ahead with its resolve to sell the airline, hectic efforts are on behind the scenes to pull it back from the brink, bring it to a manageable shape and then hand it over to a buyer who can turn it around.
Government set to halve Air India baggage before selloff
Govt has raised Rs 22,000 crore through issue of bonds, as it looks to remove key hurdles in AI's privatisation.
Govt likely to float bids for Air India sale next month
EoI inviting bids for 100% stake sale are likely to be floated either this month-end or next month. Bidding for the national carrier, which is sitting on a debt pile of around Rs 58,000 cr, will be carried out through a newly developed e-bidding system.
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.
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.
Air India's Boeing plane carries Ik Onkar symbol to celebrate Guru Nanak's birth anniversary
Air India will fly its aircraft thrice a week on the Mumbai-Amritsar-Stansted route to commemorate the 550th birth anniversary of Guru Nanak Dev. The flight will operate on Monday, Thursday and Saturday.
DPIIT, aviation ministry exploring options to ease FDI norms to attract bidders for Air India
There are nine sectors where FDI is prohibited and that includes lottery business, gambling and betting, chit funds, Nidhi company, real estate business, and manufacturing of cigars, cheroots, cigarillos and cigarettes using tobacco.
Air India may lower prices of its properties to draw more buyers
Airline has managed to sell only 32 of the 111 properties put on the block two years ago.
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