Page 4 - Air India Privatisation

Top headlines: Govt guarantees Rs 30,600-cr for bad bank; GST meeting today

Business Standard brings the top headlines of the day

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

Top headlines: Voda Idea gets govt helping hand; bids come in for Air India

Business Standard brings the top headlines of the day

Central Board of Direct Taxes sweetens Air India privatisation offer

The Central Board of Direct Taxes (CBDT) has exempted the airliner from deducting tax collected at source (TCS)

India to offer indemnity to Air India bidder over Cairn claim: Report

Air India, unprofitable since a 2007 merger with state-owned domestic operator Indian Airlines Ltd., has total debt of Rs 60,000 crore and loses Rs 20 crore every day

Rs 6-trillion monetisation plan: Modi govt's ambition in a minefield

Given the record of past blunders, under-achievements, vulnerabilities and the manifest influence of stigmatised capital, what India might get is yet another school for scandal, cautions T N Ninan

Fearing conflict, govt agrees to Air India employees' main demands

It has agreed to bear the cost of liquidation loss on account of transfer to EPFO from company-owned trusts, inclusion of employees in the central government health scheme, and encashment of leaves

Air India privatisation: SpiceJet's Ajay Singh has a risky flight plan

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

Top Headlines: Adani seeks to defer airports, AIIMS studies third wave

Business Standard brings to you the top headlines on Friday

Govt proposes one-year retention for Air India staff after privatisation

Draft RFP sets a precedent for all state-owned firms on the block

Tripping up on arbitration

Cairn Energy has wrong-footed the government

Air India sale: A previously rejected plan resurfaces as a fall-back option

The fall-back option under discussion is to allow Air India Express to raise money through the market by listing on the bourses

Process begins for inviting financial bids for AI, deal to conclude by Sep

The stake sale process got delayed due to the Covid pandemic

The million-dollar question: Is Air India saleable in its present avatar?

The ifs and buts around its sale are growing day by day

Air India Privatisation likely to be completed by May-end: Hardeep Puri

"The airline still is in debt of Rs 60,000 crore and it is liable to be sold," Puri said

Financial bids will be invited in coming days for Air India sale, says govt

The government has started the process to sell its entire 100 per cent stake in Air India that has been in losses since it merged with Indian Airlines in 2007

Centre likely to float request-for-proposal for Air India privatisation

The treatment of liability of Rs 207 crore for wage arrears of employees working on narrow body fleet of the airline, will also be clarified

Pawan Ruia's Air India bid is another example of faith in his own abilities

The move, even by his standards, seems bold. Especially, when his companies - Jessop & Co, Dunlop - that earned him the moniker "turnaround tycoon", are facing liquidation

Air India privatisation: Pawan Ruia takes a shot at aviation with EoI

Once known as a 'turnaround tycoon', Ruia was knocked off that pedestal after the firms he acquired went into liquidation

Govt likely to fetch around Rs 15,000 crore from sale of Air India

Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. The Tata group is being considered a frontrunner for acquiring Air India