Air India Stake Sale

Alliance Air is no longer a subsidiary of Air India and it will be run as an independent business unit under the Government of India

Jyotiraditya Scindia listed out the merger of Air India and Indian Airlines as among various reasons for the national carrier's failure

Air India is likely to be handed over to Tata Group by this weekend as the government has decided to complete the disinvestment process on January 27

Tata Group's takeover of loss-making national carrier Air India is likely to be delayed by a month till January 2022

CCI on Monday gave its approval to the acquisition of Air India by Talace Private Limited, which is a wholly-owned subsidiary of Tata Sons

Days after Tata Sons emerged as the successful bidder to take over Air India, the government on Monday inked a share purchase pact with it

The government on Monday issued a letter of intent confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group

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).

Government is aiming to complete privatisation of Air India and Bharat Petroleum Corporation Limited (BPCL) during the current financial year.

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.

Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.

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''

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.

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.

Vistara chairman Bhaskar Bhat said they were evaluating Air India as the Centre has started the national carrier's disinvestment process.

Alliance Air is no longer a subsidiary of Air India and it will be run as an independent business unit under the Government of India

Jyotiraditya Scindia listed out the merger of Air India and Indian Airlines as among various reasons for the national carrier's failure

Air India is likely to be handed over to Tata Group by this weekend as the government has decided to complete the disinvestment process on January 27

Tata Group's takeover of loss-making national carrier Air India is likely to be delayed by a month till January 2022

CCI on Monday gave its approval to the acquisition of Air India by Talace Private Limited, which is a wholly-owned subsidiary of Tata Sons

Days after Tata Sons emerged as the successful bidder to take over Air India, the government on Monday inked a share purchase pact with it

The government on Monday issued a letter of intent confirming the sale of its 100 per cent stake in loss-making Air India to Tata Group

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).

Government is aiming to complete privatisation of Air India and Bharat Petroleum Corporation Limited (BPCL) during the current financial year.

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.

Devas filed a petition in New York asking Air India to pay the amount or forfeit its U.S. property including planes, cargo handling equipment and artwork.

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''

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.

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.

Vistara chairman Bhaskar Bhat said they were evaluating Air India as the Centre has started the national carrier's disinvestment process.