Air India disinvestment to be completed in 2021-22; Rs 3,224 cr allotted to aviation ministryAir India Asset Holding Ltd, a special purpose vehicle (SPV), has been set up as part of financial restructuring of the debt-laden national...
01 Feb, 2021, 03.46 PM IST
Reports of taking Jet Airways to NCLT speculative: SBIReports earlier said SBI was mulling moving the NCLT to recover its loans from Jet as it felt the airline was running out of funds for oper...
25 Feb, 2019, 01.22 PM IST
Government to release Rs 1,500 crore to Air India next week, says officialGovernment would release Rs 1,500 crore to the airline next week, a top official said.
26 Jan, 2019, 08.39 AM IST
Government may issue NCDs of up to Rs 29,000 cr to repay Air India's outstanding working capital loansModi govt may now issue NCDs of up to Rs 29,000 crore to repay AI’s outstanding working capital loans.
21 Jan, 2019, 02.43 PM IST
Jet Airways falls; lenders may take write-offThe airline suffered a rocky ride in 2018, dented by oil prices, fierce competition and a weaker rupee.
18 Jan, 2019, 03.44 PM IST
Air India revival package may be ready in a month: OfficialAir India's disinvestment is possible only after market conditions are favourable, an official said.
10 Oct, 2018, 05.54 PM IST
Air India awaits Rs 500 crore loans, extends deadline for bidsSenior airline officials said the deadline for bids has been extended to October 31 but it could be closed earlier in case there are minimu...
09 Oct, 2018, 05.01 PM IST
Future course for Air India disinvestment to be decided by GoM: Suresh PrabhuHe said that all alternatives will be discussed by the Air India Specific Alternative Mechanism (AISAM), headed by Union Minister Arun Jait...
07 Jun, 2018, 09.45 PM IST
Lot of interest for Air India stake sale: Civil Aviation SecretaryThe last date for submission of Expression of Interest (EoI) for the proposed 76 per cent stake sale in debt-laden Air India is May 31.
10 May, 2018, 01.06 PM IST
Air India suitors seek flexibility to change consortium membersOther issues raised by likely bidders pertain to the government’s rights on the residual 24% stake in the entity, and to provisions availab...
12 Apr, 2018, 07.55 AM IST
Government wants Air India disinvestment to be completed 'fast': Civil Aviation Secretary R N ChoubeyAs part of efforts to revive the debt-laden Air India, which has been in the red for long, the government is working on the contours of its...
14 Nov, 2017, 10.51 PM IST
Government actively weighing option to sell Air India stake in partsSale of AI's six subsidiaries - AIATSL, Air India Charters, IAL Airport Services, Airline Allied Services and Air India Engineering Service...
04 Sep, 2017, 07.33 PM IST
Air India union to protest at IGI airport over disinvestment callThe grouping comprising nearly 8,000 of the total 21,137 employees of Air India held a meeting last week to deliberate on its strategy to o...
14 Jul, 2017, 12.13 AM IST
Debt laden Air India unlikely to get government bailout of Rs 30,000 crore by 2020-21FM said that some tough decisions taken by govt were necessary to bring down the fiscal deficit and it was important to control expenditure.
11 Feb, 2013, 07.14 AM IST
- LKP Merchant Finance sells 53.41 lakh Kingfisher shares for Rs 5 cr
LKP Merchant Financing, which has been regularly selling shares of Kingfisher Airlines, today sold another 53.41 lakh shares of the debt-la...
06 Aug, 2012, 11.02 PM IST
- Kingfisher shareholder sells 38 lakh shares for Rs 6crore
Star Investments, one of the shareholders of Kingfisher Airlines, today sold 38 lakh shares of the debt-laden carrier for over Rs 6 crore t...
24 Apr, 2012, 08.38 PM IST
Mallya has to take proactive interest to save Kingfisher Airlines: MoilyNoting that IndiGo was making profits, he said other airlines have to learn a lesson from that carrier and "take it forward".
05 Mar, 2012, 02.22 PM IST