SEARCHED FOR:AIR INDIA DISINVESTMENT
Future course for Air India disinvestment to be decided by GoM: Suresh Prabhu
He said that all alternatives will be discussed by the Air India Specific Alternative Mechanism (AISAM), headed by Union Minister Arun Jaitley.
Air India moves quickly on 2nd sale bid, chairman calls unions Monday
The Narendra Modi government in its first term had also attempted to ex...
Air India awaits Rs 500 crore loans, extends deadline for bids
Senior airline officials said the deadline for bids has been extended to Octob...
Air India arm to be hived off in last-ditch effort to save the national carrier
A panel has cleared strategic sale through divestment of 100% ownership of Air India's subsidiary AIATSL.
Air India revival package may be ready in a month: Official
Air India's disinvestment is possible only after market conditions are favourable, an official said.
Govt committed to strategic disinvestment of Air India: Jayant Sinha
The government is committed to the strategic disinvestment of Air India, Union Minister Jayant Sinha said today.Govt committed to strategic ...
Corporate tax cut makes India an investment destination, to attract foreign firms to set up units: FM
Apple or any foreign company can come and set up business and enjoy the competitive rate of 15 per cent, she said, adding that the stipulated timeline for the product roll-out from the new unit is on or before March 31, 2023.
Budget 2019: Disinvestment target for FY20 raised to 1,05,000 crores
the FM said that in the current environment the government will re-initiate strategic disinvestment not only for Air India but for other CPSEs as well.
Air India disinvestment will not happen in near future: Government official tells parliamentary panel
A Turnaround Plan (TAP) as well as a Financial Restructuring Plan (FRP) were approved for Air India by the previous UPA regime in 2012.
AIAHL to issue bonds worth Rs 15,000 crore in September
AIAHL mopped up Rs 7,000 crore through bonds and the issue was oversubscribed more than 20 times.
Air India disinvestment process moving 'expeditiously': Government
A group of ministers is in the process of finalising the contours for the proposed strategic stake sale in the national carrier and expression of interest is likely to be invited from bidders soon.
Air India grappling with unsustainable debt: Aviation Minister Suresh Prabhu
Air India is estimated to have a debt burden of more than Rs 48,000 crore.
Air India board to meet on Friday to finalise plan for financial aid
The board meeting assumes significance as it will be the first for its new independent members — Kumar Mangalam Birla and YC Deveshwar.
Spike in operational costs, fierce competition make Air India turn around path more difficult: Pradeep Singh Kharola
The government is also working on ways to bolster the national carrier, which is financially stressed and is estimated to have a debt burden of more than Rs 50,000 crore.
Air India strategic sale likely soon
The government has set a disinvestment target of Rs 90,000 crore for FY20. This is “achievable,” said Chakraborty, adding that 10 companies have been lined up for initial public offerings and four more were in the pipeline.