What will the Tatas have to do to get Air India soaring again? How does IIFL's Nirmal Jain see retail investors' growing interest in equity markets? What are Thrasio-style startups? All answers here
Combined m-cap of listed Tata players, excluding TCS, is up 102% this year, so far
Bansal, who also holds the charge of Chairman and Managing Director of Air India, in an order said airline's disinvestment process is in its final stages and letter to intent has been already issued
Aviation experts reckon this could entail a bill of around $40 million for 100 aircraft
This is a 22% rise in valuation; TCS, Tata Motors and Titan top the charts in absolute terms, Nelco and Tata power lead the percentage table
Dutta said Air India will be a formidable force under the Tata Group and IndiGo does not take it lightly at all
A revamped Alternative Mechanism, the option of closing down the airline and removal of aviation ministry helped seal a deal that had found no takers for years
On the top 100 routes in terms of departures, Tata Group is ahead of its chief rival IndiGo on 30 of them
The Tata group currently operates two airlines -- Vistara and AirAsia India
Post signing of agreement, Conditions Precedent will be completed in about eight weeks
In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source
Tatas now have to accept the letter of intent, post which the Share Purchase Agreement will be signed
SpiceJet seems to be in a trading range, while Container Corporation of India is holding above its key support level
The government is expected to issue a letter of intent (LoI) to Tata Sons next week, following which the share purchase agreement will be formalised
Air India has a frequent flier club customer base of 3 million that can be used to offer discounted products
With the Air India deal closed, the team at EY is gearing up for more government asset sale programmes
Govt's approval of Air India privatisation is a landmark
Along with the brand and the slots of the debt-ridden state-owned airline, the Tatas will get the low-cost subsidiary Air India Express and a 50 per cent stake in ground handling firm AISATS.
Airline will return to Tatas after 68 years; first privatisation move in two decades
The acquisition will give the Tatas a firm footing on international routes and generate economies of scale