Tata Group excited to work together to make AI the airline of choice: Ratan Tata"The Tata Group welcomes Air India's new customers and is excited to work together to make Air India the airline of choice in terms of pass...
02 Feb, 2022, 03.44 PM IST
Centre allocates Rs 9,259 crore to special purpose vehicle Air India Assets HoldingIn 2021-22, the Centre infused an equity of Rs 62,057 crore in AIAHL in order to clear Air India's pending dues before its disinvestment.
01 Feb, 2022, 06.31 PM IST
Passengers to be told about Tata's takeover of Air India during in-flight announcements on FridayThe Indian government handed over Air India to the Tata Group on Thursday afternoon, after approximately 69 years when it was taken from th...
27 Jan, 2022, 10.29 PM IST
Tatas gets loan commitment from SBI-led consortium for Air IndiaSources said the SBI-led consortium has agreed to grant both term loans and working capital loans depending on the airline's requirements. ...
27 Jan, 2022, 01.51 PM IST
Air India likely to be handed over to the Tatas todayAfter a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited, a subsidiary of th...
27 Jan, 2022, 10.31 AM IST
Swamy's plea against Air India disinvestment process 'wholly devoid of merit', says HC"Dr. Subramanian Swamy, sir we are dismissing this matter... For the aforesaid reasons, we are dismissing this writ petition," the bench sa...
06 Jan, 2022, 10.21 PM IST
Air India lenders offer Rs 35,000 crore in loan to Tata-promoted TalaceTata Sons-promoted Talace, which will be taking over Air India following privatisation, had invited bids for a one-year general purpose loa...
30 Dec, 2021, 09.51 AM IST
Air India Express to start flights on Indore-Sharjah route from Mar 27: ScindiaAir India is expected to be finally handed over to Talace , a wholly-owned subsidiary of Tata Sons, in the first half of 2022.
24 Dec, 2021, 04.52 PM IST
Competition Commission clears Tatas acquisition of Air India, two subsidiariesIn October, Talace Pvt Ltd emerged as the winning bidder for Air India with a bid worth Rs 18,000 crore.
20 Dec, 2021, 08.37 PM IST
Air India transaction presents a 'win-win' situation, says Aviation Minister Jyotiraditya ScindiaIn October Tata group emerged as the winning bidder for Air India with a bid worth Rs 18,000 crore.
14 Dec, 2021, 08.39 PM IST
Talace seeking Rs 23,000 crore loan from Air India lenders"Almost all existing lenders of Air India want to give Tata loans, particularly in the absence of credit growth, but pricing is a hurdle th...
14 Dec, 2021, 10.15 AM IST
Tata Sons shortlists Air India CEO; board to be reconstitutedThe new board will include officials from Tata Sons' M&A team, group aviation experts and a retired government official as an independent d...
03 Dec, 2021, 09.55 AM IST
Government making all efforts to complete Air India disinvestment process by December-end: OfficialTata Sons had won the bid for acquiring national carrier Air India for Rs 18,000 crore, on October 8, ending Centre's attempts to privatise...
24 Nov, 2021, 04.47 PM IST
Tata Sons to form advisory team to guide on integration of Air IndiaThe government announced Friday that the group will take over state-owned Air India through Talace Ltd, a wholly owned subsidiary. Talace w...
12 Oct, 2021, 09.45 AM IST
Centre ran transparent, flexible process; honoured to participate in Air India bidding, says SpiceJet CMDThe Singh-led consortium's bid stood at Rs 15,100 crore, comprising taking over debt of Rs 12,835 crore and paying the rest Rs 2,265 crore ...
08 Oct, 2021, 06.33 PM IST
Winning bid for Air India could be announced by October 15, reports sayOn September 25, Union Minister Jyotiraditya Scindia said the privatisation process of Air India was underway and technical bids were being...
28 Sep, 2021, 12.41 PM IST
Tata Sons, Ajay Singh submit financial bids for Air India, as per sourcesAir India is likely to be handed over by December if bids are satisfactory, sources told ET Now. Earlier today the DIPAM tweeted that finan...
16 Sep, 2021, 06.04 AM IST