Air India Disinvestment

Air India reserve price likely to be fixed at Rs 15,000-20,000 crore

A lower bid amount may not halt the disinvestment process

Govt may select winner in Air India's disinvestment in about three weeks

The Tata group and SpiceJet promoter Ajay Singh are in the race to acquire the loss-making airline

The final countdown

The administrative ministry - ministry of civil aviation - prone to leaks is privy to very little

Air India divestment expected to be closed in first qtr of FY22: DEA secy

We have taken up some big-bang disinvestments, particularly Air India and LIC on priority, said Bajaj

Disinvestment of Air India, Pawan Hans to be completed in 2021-22: FM

FM said in her budget speech that the disinvestment of Air India and Pawan Hans would be completed in 2021-22

Beyond Headlines: Should there be a range for fiscal deficit target?

The govt expenditure this year (till October-end) was at roughly the same level as that seen in the same period last year

Air India divestment: Date for qualified bidders extended to January 5

The government said it will intimate qualified interested bidders of Air India on January 5 next year, instead of the earlier decided date of December 29, 2020

Centre likely to take key decisions on Air India divestment on Saturday

These key decisions might come at a time when the divestment deadline of October 31 is fast approaching

Valuation of Air India set to take a knock amid coronavirus outbreak

The aviation industry is expected to make a loss of $67 billion in 2020 and several airlines are expected to file for bankruptcy in the coming months

Coronavirus outbreak takes a toll on Air India's disinvestment process

Industry executives and investment bankers said there is less chance of the process being successful in the current situation as business houses, including airlines, are looking to conserve cash

Air India disinvestment process going 'extremely well': Hardeep Singh Puri

It has proposed selling 100% stake in Air India along with budget airline Air India Express and the national carrier's 50% stake in AISATS, an equal joint venture with Singapore Airlines.

Adani group joins race to buy Air India, plans to submit EoI by next month

Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs

Govt expects to complete Air India sale in first half of FY21: DIPAM secy

The deadline for submitting the EoI is March 17

Govt working on proposal to allow 100% FDI in Air India, says report

A draft note has been circulated on the issue seeking comments from different ministries

Air India sale: Entities can bid based on affiliates' financial strength

The government has proposed selling 100 per cent stake in Air India along with budget airline Air India Express

Hope Air India disinvestment will support aviation market growth, says IATA

In 2019, domestic air passenger traffic in India stood at 14.41 crore, an increase of nearly four per cent compared to the previous year, as per the latest official data.

Bharatiya Mazdoor Sangh opposes Air India sale, asks govt to think it over

The union also said that it is unfortunate that they (PSUs) are being sold in the name of resource mobilization to fund social spending

Not interested in Air India divestment, focus on organic growth: Emirates

"We remain committed to support India's vision for the tourism and aviation sectors"

Stake sale in Air India 'bold move', attractive offer tabled by govt: CAPA

This is the second time in less than two years that the government has come out with proposal for selling stake in Air India

Air India bidders to have access to all records of airline in initial stage

The government would soon be appointing a technical and a legal advisor for carrying out the due diligence.