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
The interest of Air India employees will be safeguarded in accordance with the guidance of the Department of Investment and Public Asset Management, Puri said
The initial public offering (IPO) of India's largest insurance company LIC is likely after October this year, a top official said on Tuesday
FM said in her budget speech that the disinvestment of Air India and Pawan Hans would be completed in 2021-22
The FM also allocated as Rs 2,268 crore for a special purpose vehicle set up as part of financial restructuring of the debt-laden national carrier
A Tata takeover of Air India is being seen as the best outcome for all concerned
Except IndiGo, airlines resist lifting of cap as traffic uncertain
The first consignment of Covaxin developed by Bharat Biotech is being carried via flight from Hyderabad to Delhi on Wednesday, officials informed
Air India, GoAir, IndiGo and SpiceJet will carry the shots
Creating history, Air India's longest flight from San Francisco to Bengaluru with an all- woman crew landed in the city on Monday.
Four passengers travelling on Air India's London-Delhi flight tested positive for Covid-19 on arrival, a top official of Genestrings Diagnostic Centre said on Monday
In a historic move, Air India's longest direct route flight with the all-women pilot team landed at Kempegowda International Airport in Bengaluru from San Francisco
An all-women cockpit crew set out on a history journey, operating Air India's inaugural San Francisco-Bengaluru flight, going over the North Pole and taking the Atlantic route to reach the Karnataka capital at the other end of the world. The flight number AI176 left San Francisco on Saturday at 8.30 PM (local time) and would arrive here at 3.45 AM on Monday, according to Air India sources. Union Minister for Civil Aviation, Hardeep Singh Puri tweeted, "Way to go girls! Professional, qualified & confident, the all women cockpit crew takes off from San Francisco to Bengaluru on @airindiain's flight to fly over the North Pole.Our Nari Shakti achieves a historic first." Air India has said this will be the longest commercial flight in the world to be operated by it or any other airline in India. The total flight time on this route will be more than 17 hours depending on the wind speed on that particular day, it had said in a statement on the eve of the historic ...
The Air India Express has become the first airline in India to use robotic technology to clean and disinfect the interiors of aircrafts using an ultraviolet Robotic device
From what CEOs expect from Budget 2021 to Tata Sons overtaking govt as largest promoter of listed companies, here are the top headlines for the day
The year 2021 may turn out to be more of the same as 2020 in many ways, but there are at least 10 things that India is expecting to make the year look new
Under earlier protocol, had to inform qualified bidders by Jan 5; alteration came into effect after Transaction Adviser EY said it did not want any deadline
Interups had planned to team up with the employees with 49:51 per cent shareholding, promised to invest billions of dollars in Indian aviation sector
Rajiv Bansal adds that this is significantly lower than the cash loss incurred in 2018-19
National carrier Air India is all set to expand its services to the United States from January 2021