SEARCHED FOR:AIR INDIA DISINVESTMENT
Air India plans to bring all 17 grounded aircraft back into operation by Oct-end: Ashwani Lohani
In 2018-19, Air India had made losses of around Rs 7,600 crore. By the end of 2018-19, it had a debt burden of around Rs 58,300 crore.
Air India seeks $819 million loan for 7 Boeing planes
Bids have been invited from banks, financial institutions for refinancing existing brid...
Air India pilot bodies seek meeting with Hardeep Singh Puri on privatisation
The pilot bodies, in a communication to Puri, said that the airl...
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.
Congress may oppose LIC listing if govt fails to convince: Chidambaram
The LIC is profitable despite fierce competition from very large insurance companies of the world with deep pockets and it has also increased its first premium share last year by about five per cent, he said.
View: FM’s part done, nation has to respond
FM Sitharaman is in an unenviable position with most parameters like consumption, investments, manufacturing, GDP and even agriculture at lowest rates of growth in the past several years. Yet she has provided leadership to the ministry and remained focused on her job, even during times of extreme pressure.
Civil aviation secretary chairs review meeting of Air India
The meeting comes ahead of the airline's board meet, which scheduled to be held on October 22 for clearing the consolidated account statement for the fiscal ended March 2019. During the meeting the secretary took stock of the situation.
ET Explains: Will February 1 be FM Sitharaman's Thatcherite moment?
For FM, Feb 1 could be the proverbial moment to borrow from Thatcher's playbook and go on a privatisation spree.
Don't see board room issues impacting IndiGo's performance: Hardeep Singh Puri
The differences between co-founders and co-promoters -- Rakesh Gangwal and Rahul Bhatia -- came to the fore in July 2019 after Gangwal sought market regulator Sebi's intervention to address alleged corporate governance lapses at the company. In the wake of the feud, arbitration proceedings are also going overseas between the two promoters' sides.
Total debt of Air India is Rs 58,351 crore: Civil Aviation Minister
Puri said, "As per the provisional figures of FY 2018-19, the total debt of Air India Ltd as on March 31, 2019 is Rs 58,351.93 crore."
Cabinet clears SPV for transfer of Air India loans, subsidiaries
The Union Cabinet has given ex-post facto approval for the creation of the SPV and associated activities for the disinvestment of Air India and its subsidiaries or JV.
Interested in buying a stake in IndiGo, but not in Air India: Qatar Airways CEO
Qatar Airways has no interest in buying a stake in Air India but is interested in IndiGo, said its CEO.
Air India sale: Tata Group looking at bid to fly the bird it founded 87 years ago back home
Govt has shown willingness to exit Air India, as opposed to its earlier plan of retaining a minority 24%.
Preliminary document for AIATSL disinvestment likely in a week: Official
The official also asserted that the government is committed to supporting Air India, subject to efficiency-improvement parameters.
DIPAM may look at sale of smaller CPSEs to meet FY21 disinvestment target
As the fallout of the pandemic has impacted stock market valuation of companies, an official said the Department of Investment and Public Asset Management (DIPAM) will have to look for different ways to meet the steep target of Rs 1.20 lakh crore budgeted from CPSE stake sale.