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AIR INDIA DIVESTMENT
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...- Govt notifies capital asset transfer from Air India to AIAHL, exempts tax provisions for divestmentIn four separate notifications, the Central Board of Direct Taxes (CBDT) specified that AIAHL will not be considered as ‘buyer’ in case of ...
- Amid differences between FinMin and Dipam over target, stage set for big bang divestmentDipam, the government's disinvestment manager, believes that it was responsible only to achieve a target of Rs 1.2 lakh crore and blames Co...
- Govt defers EOI deadline for Air India divestment to August endThe government has deferred the deadline for submission of EoI for Air India by two months to August 31.
- BPCL, Air India, Concor divestments unlikely in FY20: Official"The effort is on, but it will take its own time," the official said, adding the processes take a while to get completed.
- Government plans to transfer Air India's non-core assets to SPVThe national carrier's debt burden was more than Rs 48,000 crore at the end of March 2017
- Government may list Air India to sell stakeThe meeting, which is likely next week, would be the first of the alternattive mechanism after the government's plan to divest 76% in Air I...
- Government now ready to sell 100% shares of Air India after flop attemptModi's most high-profile privatization plan ended in a whimper on May 31 as a deadline for prospective suitors passed by with none showing ...
- Air India looks for Rs 1,000 crore short-term loansThe Rs 1,000 crore loan will be drawn in June in one or more tranches, according to the bid document. The airline has requested banks to su...
- Government to pursue Air India stake sale this fiscal, revised bidding norms likely soonIn a major setback, no initial bids were received for the Air India disinvestment when the deadline for submission of Expression of Interes...
- Air India seeks restoration of equity infusion from governmentThe loss-making carrier has already received more than Rs 26,000 crore under the bailout package announced by the former UPA government in ...
- A bloated Air India on a hiring spree; to induct 270 co-pilotsSources in the know of the development also say the airline has created a new post of chief pilot as well despite it already having two som...
- Divest Air India, but let it be with an Indian: Mohan BhagwatThe RSS supremo also advocated the confiscation of shares if the foreign holding breaches the 49% mark, as is done in some countries.
- Aviation ministry expects bids for Air India and Pawan Hans in next few weeksThe government owns 100% stake in Air India and 51% in the helicopter operator Pawan Hans and aims to divest all of its stake in both.
- Air India divestment should come with liberal terms: Top aviation officialGiven the full-fledged commercial operations with international competition from major airlines, Air India should match in profits its comp...
- Air India garnered Rs 445 crore from land assets in 6 yearsThe amount collected by Air India so far is a tenth of the target that was set for it under the Turn Around Plan approved by Cabinet Commit...
- Cabinet approves 49% foreign investment in Air India under approval routeThe earlier FDI policy allowed foreign carriers to own 49 per cent in Indian carriers but had kept Air India out of it, which has been amen...
- Air India stake sale: Debt-laden flag carrier to open books to likely biddersAll prospective bidders of Air India can get access to the data centre upon signing a non-disclosure agreement. The government has decided ...
- Government seeks asset valuer for Air India stake saleGovt has given its in-principal approval for disinvestment of the debt-laden Air India and has constituted a group of ministers to chart ou...
- Government to sell its properties leased to Air IndiaThe plan for the Vasant Vihar residential colony is to hand it over to NBCC Ltd, which will redevelop it. The plan for the land near Connau...
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