The second phase of the strategic disinvestment of Air India will start on January 5, 2021 with the announcement of the names of the qualified bidders
Air India pilots' associations has asked its members to maintain the printed weekly offs and not to change them
Unions ask pilots not to undertake extra duties, AIEU seeks with aviation minister on leave encashment, continuation of medical benefits, among other things
Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri
Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts
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The analogy of Sita's swayamvar seems to work perfectly for the sale of Air India
From stock benefits for contract workers of listed companies to Delhi HC rejecting plea for injunction against Amazon, here are top headlines this morning
Since the skies are far from clear, the new owner will also be allowed to lay off employees, given their requirement will shrink with the reduction in the fleet size, said officials in the know
Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India
Prasad is putting his financial muscle behind the employees' resolve to run the airline
The airline's privatisation should just be the beginning
A group of Air India employees who have submitted an expression of interest (EOI) for the carrier should only do day-to-day work, according to an official order
US based firm has $28 mn market cap, has already bid for several bankrupt firms in India such as Lavasa Corp, Asian Colour Coated Steel and Reliance Naval
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The latter's bid is made in partnership with a group of airline employees
An official said transaction advisor will inform bidders before January 6, if their bids have been qualified
A successful bidder would win control of Air India's 4,400 domestic and 1,800 international landing and parking slots at domestic airports, as well as 900 slots at airports overseas
Disinvestment guidelines mandate that the company will not be able to partner any private company. It has to partner with either a bank or a financial institution
From Tatas likely to go solo for Air India EoI to Bharti Infratel getting nod to change its name to Indus Towers, here are top headlines this morning