Air India's previous suitor Interups agrees to buy 49% in regional carrier TruJet"The funds raised through 49per cent FDI in the company, will be utilized to expand its operations pan India and explore the newer opportun...
01 Apr, 2021, 06.01 PM IST
NCLAT rejects Interups' plea in ACCIL insolvency matter; says appellant not an aggrieved partyThe National Company Law Tribunal (NCLT) had approved the bid of the Sajjan Jindal-led JSW Steel group firm JSW Steel Coated Products for A...
16 Mar, 2021, 07.15 PM IST
Tatas, SpiceJet’s founder among few left in Air India raceNeither SpiceJet nor promoter Ajay Singh have so far commented on their AI bid, which is learnt to have been made by Singh in his individua...
09 Mar, 2021, 11.31 AM IST
Employee consortium bid for Air India rejectedWith the rejection of the employee consortium, chances of foreign fund Interups owning stake in Air India has also taken a hit. US-based fu...
08 Mar, 2021, 04.08 PM IST
Air India pilot unions object to director's continuation due to 'conflict of interest'Mallik said that in the preliminary information memorandum (PIM) issued on January 20 last year, the government allows participation of the...
04 Jan, 2021, 06.14 PM IST
Disinvestment plan: No going back on privatisation of BPCL, Air IndiaThe spadework started late last year and 2020 was supposed to be the landmark year in India's history of privatisation with at least three ...
28 Dec, 2020, 09.52 AM IST
Air India privatisation deal unlikely to conclude this fiscal, amid Tata Group interestA group of over 200 Air India employees also submitted an expression of interest (EoI) for the carrier in partnership with Interups at the ...
21 Dec, 2020, 10.19 AM IST
Three investors, including Tata Group, show interest in Air IndiaWhile the Tata Group has shown interest in buying the national carrier, over 200 employees of Air India have also shown interest along with...
18 Dec, 2020, 06.05 PM IST
Not just Air India, Interups interested in Indian aviation; plans to invest $9 billion in 5 years“We are bullish on India’s aviation sector and plan to invest $9 billion in it over the next five years, as we see a lot of growth potentia...
18 Dec, 2020, 06.04 PM IST
Air India bidding process: All you need to knowThe deadline for submission of expression of interest (EoI) for the beleaguered national carrier Air India ends at 5 pm on Monday. In Octob...
18 Dec, 2020, 06.03 PM IST
SGX Nifty down 30 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 31 points, or 0.23 per cent, lower at 13,560.50, in signs that Dalal Street was headed for a...
15 Dec, 2020, 09.42 AM IST
Interups Inc is looking to acquire 2,000 high-end residential apartments in IndiaThe company has already signed an MoU with Phoenix Group for acquiring 58 apartments at Rs 504 crore in Phoenix Kessaku in Bengaluru and is...
25 Oct, 2020, 06.41 PM IST
NCLT approves JSW Steel’s resolution plan for Asian Colour Coated Ispat LtdIn the year 2018, ACCIL was part of the Reserve Bank of India’s second list of defaulters that banks were asked to take corrective actions....
19 Oct, 2020, 08.35 PM IST
Navy cancels Reliance Naval and Engineering Ltd's Rs 2,500-crore NOPV contractThe contract to build five warships was signed with the company in 2011, much before the Reliance Group took over the Gujarat-based shipyar...
09 Oct, 2020, 07.37 PM IST
Gautam Adani's conglomerate mulls bidding for Air IndiaAccording to highly placed sources, the group has held internal rounds of deliberations on whether or not to submit an Expression of Intere...
25 Feb, 2020, 01.40 PM IST