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Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- On This Day in History, June 7: Mahatma Gandhi train incident, Vatican City's creation, Battle of Midway, Harry Potter's stage debut, Boeing 777's intro and many more eventsOn This Day in History, June 7, the world witnessed several landmark events that shaped politics, warfare, sports and social change. The da...
- Mumbai Int Airport slaps fine on ground handling services provider AIASL for aircraft damageMumbai's bustling airport scene faced a setback as MIAL, the airport operator, slapped a Rs 10 lakh penalty on AI Airport Services Ltd (AIA...
- Govt set to make equity infusion worth Rs 300 crore in Alliance AirAlliance Air, which earlier was a part of Air India, is currently owned by AI Assets Holding Ltd (AIAHL), a special-purpose vehicle formed ...
- Govt may extend deadline to bid for Air IndiaInterested bidders can now have access to the "virtual data room" of Air India, officials said adding that more queries are expected to com...
- Air India’s Jaipur-Agra flight suffering lossesA direct Air India flight was started between Jaipur and Agra in December 2017 under the Regional Connectivity Scheme with the hope that fo...
- Govt likely to float bids for Air India sale next monthEoI inviting bids for 100% stake sale are likely to be floated either this month-end or next month. Bidding for the national carrier, which...
- Civil aviation secretary chairs review meeting of Air IndiaThe meeting comes ahead of the airline's board meet, which scheduled to be held on October 22 for clearing the consolidated account stateme...
- Air India Assets Holding raises another Rs 7,985 croreThese bonds have been subscribed at a rate of 7.39 per cent.
- Air India Assets Holdings to raise Rs 22,000 cr through bondsA senior official told PTI that AIAHL would issue bonds worth Rs 7,000 crore on September 16.
- Total 705 routes awarded under UDAN, 174 become operational: Aviation MinisterBased on their assessment of demand on particular routes, the airlines submit proposals at the time of bidding under UDAN scheme from time ...
- As PMO wants quick disinvestment of its subsidiaries, AI asked to prepare FY19 financialsAfter a botched attempt to sell Air India in May last year, a panel led by Finance Minister Arun Jaitley had decided in June to scrap the s...
- CPSEs under strategic sale asked to immediately prepare list of non-core assetsGovt has already identified about 35 CPSEs for strategic sale including Air India, Pawan Hans, BEML, Scooters India and Bharat Pumps Compre...
- Cabinet clears SPV for transfer of Air India loans, subsidiariesThe Union Cabinet has given ex-post facto approval for the creation of the SPV and associated activities for the disinvestment of Air India...
- Government plans to complete sale of Air India subsidiary AIATSL by MarchAir India is reeling under a huge debt burden of over Rs 50,000 crore and the government is planning to sell its non-core subsidiaries of t...
- Finance Ministry drafting Asset Monetisation Framework for hiving off CPSEs' non-core bizGovt has set a disinvestment target of Rs 80,000 crore including strategic and minority stake sale in CPSEs
- Air India terminates over 400 contractual employeesThe employees affected are those hired for non-technical roles and the move follows an order from the airline's Chairman and Managing Direc...
- Airlines likely to hire over 7000 pilots in next 5 years: GovernmentThese vacancies are likely to emerge as Indian airlines plan to induct more than 900 aircraft into their fleets in the coming years.
- Govt appoints RBSA as valuation advisors for disinvestment of Air IndiaThe government intends to sell Air India and its subsidiaries separately to maximise its earnings from the sale process.
- SC notice to Airline Allied Services Ltd for sacking 'overweight' airhostessAn airhostess whose contract was renewed because of her being 'overweight' today knocked the doors of the SC for getting her job back.
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