Air India Divestment
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Air India Pushed Into Losses, Divestment Done To Save Public Money: Minister
Jyotiraditya Scindia listed out the merger of Air India and Indian Airlines as among various reasons for the national carrier's failure
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Sale Of Air India's Ground Handling Arm To Take Place Next Fiscal: Government
Government will start work on selling ground-handling arm Alliance Air of Air India and the expression of interest is expected in the next fiscal
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Tata Buys Air India: 5 Key Facts About The Deal
Tata Sons regained control of Air India nearly 70 years after its nationalisation with the government picking up the salt-to-software conglomerate as the winning bidder for the debt-laden state-run airline. The reserve price was set at 12,906 crores.
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Government To Get Rs 2,700 Crore Cash From Air India Sale
The government will get Rs 2,700 crore in cash from the divestment of Air India, DIPAM Secretary Tuhin Kunta Pandey said Friday, as he announced that Tata Sons had won the bid to acquire the embattled national carrier.
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Tata Sons Said To Have Won Air India Bid: Report
The proposed handover is a key victory for Prime Minister Narendra Modi, who has embarked on a bold privatization plan to plug a widening budget deficit.
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For Air India, Bids From Tatas, Spice Jet Are In
Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).
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Financial Bids For Air India Disinvestment Likely by September 2021, Says Centre
The Centre is likely to receive financial bids for its 100 per cent stake sale in Air India, by September 15, 2021 from qualified interested bidders.
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Air India Employees Consortium Disqualified From Divestment Process
Air India Employees Consortium submitted an ''expression of interest'', last year, to participate in strategic divestment of the national carrier Air India.
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Government Heading Towards Second Process of Air India Disinvestment
The two processes of the strategic disinvestment of Air India include -- submission of ''Expression of Interest'', which was completed on December 14, and the second process ''Request for Proposal''
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Tatas, Interups Among "Multiple" Bidders For Air India
Sources said Tata Sons, the holding company of the Tata Group, has put in an EoI and so did Interups.
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Over 200 Air India Employees Bid For 51% Stake In Airline
Air India has been on sale since 2017 when Prime Minister Narendra Modi's cabinet signed off on a plan to sell all or part of the debt-ridden carrier.
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Government Changes Bidding Terms For Air India To Fast-Track Sale
Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares.
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First Class Asset: Aviation Minister "Confident" About Air India's Divestment Plans
Union Civil Aviation Minister Hardeep Singh Puri on Saturday said that he has never been as "hopeful and confident" on Air India's divestment or disinvestment as he is now.
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Vande Bharat Mission: Over 100 Indians Stranded In US Land In Hyderabad
As many as 118 Indians stranded in the USA landed at GMR-led Rajiv Gandhi International Airport in Hyderabad on Monday as part of the biggest ever off-shore evacuation drive of Indian Citizens under the Vande Bharat Mission.
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Government Extends Deadline To Bid For Air India Till April 30
In January, the government restarted the divestment process of Air India and invited bids for selling 100 per cent of its equity in the state-owned airline.
-
Air India Pushed Into Losses, Divestment Done To Save Public Money: Minister
Jyotiraditya Scindia listed out the merger of Air India and Indian Airlines as among various reasons for the national carrier's failure
-
Sale Of Air India's Ground Handling Arm To Take Place Next Fiscal: Government
Government will start work on selling ground-handling arm Alliance Air of Air India and the expression of interest is expected in the next fiscal
-
Tata Buys Air India: 5 Key Facts About The Deal
Tata Sons regained control of Air India nearly 70 years after its nationalisation with the government picking up the salt-to-software conglomerate as the winning bidder for the debt-laden state-run airline. The reserve price was set at 12,906 crores.
-
Government To Get Rs 2,700 Crore Cash From Air India Sale
The government will get Rs 2,700 crore in cash from the divestment of Air India, DIPAM Secretary Tuhin Kunta Pandey said Friday, as he announced that Tata Sons had won the bid to acquire the embattled national carrier.
-
Tata Sons Said To Have Won Air India Bid: Report
The proposed handover is a key victory for Prime Minister Narendra Modi, who has embarked on a bold privatization plan to plug a widening budget deficit.
-
For Air India, Bids From Tatas, Spice Jet Are In
Air India is laden with a huge debt of around Rs 43,000 crore of which Rs 22,000 crore will also be transferred to the Air India Asset Holding Limited (AIAHL).
-
Financial Bids For Air India Disinvestment Likely by September 2021, Says Centre
The Centre is likely to receive financial bids for its 100 per cent stake sale in Air India, by September 15, 2021 from qualified interested bidders.
-
Air India Employees Consortium Disqualified From Divestment Process
Air India Employees Consortium submitted an ''expression of interest'', last year, to participate in strategic divestment of the national carrier Air India.
-
Government Heading Towards Second Process of Air India Disinvestment
The two processes of the strategic disinvestment of Air India include -- submission of ''Expression of Interest'', which was completed on December 14, and the second process ''Request for Proposal''
-
Tatas, Interups Among "Multiple" Bidders For Air India
Sources said Tata Sons, the holding company of the Tata Group, has put in an EoI and so did Interups.
-
Over 200 Air India Employees Bid For 51% Stake In Airline
Air India has been on sale since 2017 when Prime Minister Narendra Modi's cabinet signed off on a plan to sell all or part of the debt-ridden carrier.
-
Government Changes Bidding Terms For Air India To Fast-Track Sale
Enterprise value of a company includes the equity value, debt as well as cash with the company. Equity value measures the value of a company's shares.
-
First Class Asset: Aviation Minister "Confident" About Air India's Divestment Plans
Union Civil Aviation Minister Hardeep Singh Puri on Saturday said that he has never been as "hopeful and confident" on Air India's divestment or disinvestment as he is now.
-
Vande Bharat Mission: Over 100 Indians Stranded In US Land In Hyderabad
As many as 118 Indians stranded in the USA landed at GMR-led Rajiv Gandhi International Airport in Hyderabad on Monday as part of the biggest ever off-shore evacuation drive of Indian Citizens under the Vande Bharat Mission.
-
Government Extends Deadline To Bid For Air India Till April 30
In January, the government restarted the divestment process of Air India and invited bids for selling 100 per cent of its equity in the state-owned airline.
