Business Standard brings you the top headlines on Thursday
Tata Sons chairman N Chandrasekaran called on Prime Minister Narendra Modi on Thursday ahead of the official handover of Air India to the Tata Group.
There will be changes in seating arrangements and also the dress of the cabin crew, say sources
The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.
The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore
The government will hand over the control of debt-laden national carrier Air India to the Tata group on Friday
LIC and State Bank of India were top investors in AI's debt
Business Standard brings you the top headlines on Wednesday
The Indian government is likely to hand over Air India to the Tata Group on Thursday, nearly 69 years after it was taken from the conglomerate
The development comes two days before the handover of the airline to Tata group
Congress leader Ghulam Nabi Azad, SII MD Cyrus Poonawalla to be conferred with Padma Bhushan
Some processes like lease novation for a few planes are pending as leasing firms, many of which are foreign banks, are working with reduced workforce due to the spread of Omicron
The government had on Oct 8 last year sold Air India to Talace Private Limited -- a subsidiary of the Tata Group's holding company -- for Rs 18,000 cr
Vikram Dev Dutt on Friday took charge as the chairman and managing director (CMD) of Air India, which will be handed over to the Tata group this year. The government had on October 8 last year announced that the Tata Group has won the bid to acquire Air India for Rs 18,000 crore. In a press release, Air India said Dutt took over the charge of the airline on Friday from Civil Aviation Secretary Rajiv Bansal, who was at the helm of Air India till now. Dutt is a 1993-batch IAS officer of the AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre. Air India said Dutt has been appointed the airline's CMD in the rank and pay of additional secretary.
Flight to New York departs Thursday morning, those to Chicago and San Francisco from Delhi in the afternoon
Amid 5G rollout by the US, Air India has resumed B777 operations to the country on Thursday after approval from the US authority
Air India cancelled eight flights on India-US routes from Wednesday onwards due to deployment of 5G internet in North America which could interfere with aircraft's navigation systems.
On Wednesday, the airline cancelled its US flights on 5G concerns
Investors sought premium after airline offered to prepay Rs 12,900 cr of bonds at par in Nov
Air India said on Tuesday it will curtail or revise its flights to the US due to deployment of 5G internet there from January 19. US aviation regulator Federal Aviation Administration (FAA) had on January 14 said that 5G interference with the aircraft's radio altimeter could prevent engine and braking systems from transitioning to landing mode, which could prevent an aircraft from stopping on the runway. Therefore, a group of US-based airlines said on Monday in a letter to FAA that that 5G internet deployment could cause catastrophic aviation crisis. The group comprises airlines such as United Airlines, American Airlines, Delta Airlines and FedEx. Apart from Air India, United Airlines and American Airlines are the other two carriers that operate flights between India and the US. The airlines group said that 5G should be implemented everywhere in the US except within two miles of airport runways of affected airports. Air India tweeted on Tuesday: Due to deployment of 5G communicat