The government has deferred the deadline for submission of EoI for Air India by two months to August 31.

"The effort is on, but it will take its own time," the official said, adding the processes take a while to get completed.

The national carrier's debt burden was more than Rs 48,000 crore at the end of March 2017

Modi's most high-profile privatization plan ended in a whimper on May 31 as a deadline for prospective suitors passed by with none showing ...

The 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...

In a major setback, no initial bids were received for the Air India disinvestment when the deadline for submission of Expression of Interes...

The loss-making carrier has already received more than Rs 26,000 crore under the bailout package announced by the former UPA government in ...

Sources 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...

The RSS supremo also advocated the confiscation of shares if the foreign holding breaches the 49% mark, as is done in some countries.

The 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.

Given the full-fledged commercial operations with international competition from major airlines, Air India should match in profits its comp...

The 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...

The 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...

All prospective bidders of Air India can get access to the data centre upon signing a non-disclosure agreement. The government has decided ...

Govt has given its in-principal approval for disinvestment of the debt-laden Air India and has constituted a group of ministers to chart ou...

The 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...

The inventory of the thousands of artefacts, comprising works by stalwarts such as M F Husain, SH Raza, VS Gaitonde is still underway.