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PRIVATE AIRLINES NATIONALISATION
Air India CEO-designate Campbell Wilson gets security clearance from home ministryTata Sons took over the loss-making carrier on January 27. The senior official on Tuesday said that the home ministry has given the securit...- Security clearance to Air India CEO designate Wilson after background check: officialsSingapore Airlines is a joint venture partner of Tata Group in full service carrier Vistara. As the security clearance is taking time, Wils...
- 69-year-old 'wrong step' of nationalisation of private airlines has been corrected: Jyotiraditya ScindiaThe government formally handed over the airline to Tata Group at a ceremony held in the national capital on Thursday.
- Air India handover to Tatas: Confident airline will bloom under new owners, says ScindiaThe Indian government handed over Air India to the Tata Group on Thursday, approximately 69 years after it was taken from the conglomerate.
- Air India finds a new address: Chronology of Air India privatisationThe international service was among the first public-private partnerships in India, with the government holding 49 per cent, the Tatas keep...
- Tata Group better corporate for handing over Air India: Montek Singh AhluwaliaFinancial bids put in by the salt-to-software conglomerate and SpiceJet promoter Ajay Singh were opened a few days back and were vetted by ...
- Air India sale: Tata Group looking at bid to fly the bird it founded 87 years ago back homeGovt has shown willingness to exit Air India, as opposed to its earlier plan of retaining a minority 24%.
- Shiv Sena asks govt to take over Jet AirwaysIt asked PM Modi to take a cue from the foresight shown by former PMs Jawaharlal Nehru and Indira Gandhi in nationalising insurance and air...
- Jet Airways falls 5% on reports of SBI planning to move NCLTThe State Bank of India (SBI) may approach the NCLT to recover its loans from Jet Airways.
- SBI mulling insolvency route via NCLT to recover Jet Airways loanSubsequently, appropriate interim credit facilities would be sanctioned to the airline by the lenders.
- 65 years later, Tatas about to revive JRD's aviation successTata group is in talks with Naresh Goyal-promoted Jet Airways to merge the airline into Vistara and buy out the promoters and shareholders.
- Air India unions hold anti-privatisation meetThe meeting also decided to organise a national convention in Delhi later to chalk out future strategies to further strengthen their opposi...
- 64 years after Air India's nationalisation, Tata Group looking at bid to fly its bird back homeTata Sons set up Tata Airlines in 1932. JRD Tata, the legendary entrepreneur, himself flew the first flight between Karachi and Bombay.
- How history will come full circle if Tatas buy Air IndiaThe Tata’s purchase will also tell the cautionary tale of how unbridled socialism that thrived on rampant corruption stymied private enterp...
- Tripura moots for introducing Agartala-Kolkata bus service via DhakaThe minister said introduction of Agartala-Dhaka-Kolkata direct bus service would be highly beneficial in easing pressure from the air traf...
- Tatas apply for 'Tata SIA Airlines Limited' nameTata group has sought to register this entity as 'Tata SIA Airlines Limited'.
- Trade unions go on 24-hour nationwide bandhTrade unions have called for a 24-hour nationwide strike on Tuesday to protest against price rise, streamlining of the rationing system and...
- SBI extends Rs 500-cr loan to KingfisherSBI has agreed to provide Rs 500-crore loan to Kingfisher Airlines, helping the Vijay Mallya-owned airline to meet its immediate cash needs.
- Tata-Changi to modernise Chennai, Kolkata airportsWhile the Tatas hold a controlling 51 per cent stake in the joint venture company, Changi would own the rest.
- Tatas rule out entry into airline businessTata Group chief Ratan Tata indicated on Sunday that the Group does not want to enter the airline business now.
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