Air India Divestment
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Meet SEBI's New Chairman Tuhin Kanta Pandey: Key Behind Air India Sale, LIC Listing
– Tuhin Kanta Pandey is an IAS officer from the 1987 batch of the Odisha cadre. He was appointed as the finance secretary in September 2024. He is also the longest-serving divestment secretary.
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Tata Buys Air India: 5 Key Facts About The Deal
Tata Sons regained control of Air India nearly 70 years after its nationalisation with the government picking up the salt-to-software conglomerate as the winning bidder for the debt-laden state-run airline. The reserve price was set at 12,906 crores.
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Government To Get Rs 2,700 Crore Cash From Air India Sale
The government will get Rs 2,700 crore in cash from the divestment of Air India, DIPAM Secretary Tuhin Kunta Pandey said Friday, as he announced that Tata Sons had won the bid to acquire the embattled national carrier.
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First Class Asset: Aviation Minister "Confident" About Air India's Divestment Plans
Union Civil Aviation Minister Hardeep Singh Puri on Saturday said that he has never been as "hopeful and confident" on Air India's divestment or disinvestment as he is now.
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Vande Bharat Mission: Over 100 Indians Stranded In US Land In Hyderabad
As many as 118 Indians stranded in the USA landed at GMR-led Rajiv Gandhi International Airport in Hyderabad on Monday as part of the biggest ever off-shore evacuation drive of Indian Citizens under the Vande Bharat Mission.
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"Would Be Bidding For Air India If I Wasn't A Minister": Piyush Goyal
As the government works on divesting debt-laden Air India, Union Minister Piyush Goyal on Thursday said if he was not a minister, he would be bidding for the airline.
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Air India Making A Loss Of Over Rs 20 Crore Per Day, Says Minister
The Centre is in a serious process of divestment and will soon come out with the expression of interest (EoI) documents for privatising the national carrier Air India and chopper-operator Pawan Hans.
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Air India Bailout Plan Not Alternative To Divestment, Says ChairmanÂ
The government's proposed move to pare Rs 29,000 crore of Air India's debt is a short-term measure and not an alternative to divestment plans, the national carrier's Chairman and Managing Director Pradeep Singh Kharola said on Wednesday.
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Kumar Mangalam Birla, YC Deveshwar Now Part Of Air India Board
The government today inducted corporate bigwigs Kumar Mangalam Birla and YC Deveshwar to the Air India board, a day after seeking Parliament's approval for supplementary grant for equity infusion in the loss-making national carrier.
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"Air India Stake Sale Review Soon," Says Centre After Plan Put On Hold
The government will soon review the plan for strategic disinvestment of Air India, Union Minister Jayant Sinha said today, a day after the centre said it has decided to put the stake sale in the national carrier on hold.
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Government Open To Listing Air India After Failed Divestment: Source
The central government is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company.
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Air India Seeks Rs 1,500 Crore Short-Term Loan To Meet Working Capital Requirements
National passenger carrier Air India has invited bids from financial institutions and banks for a Rs 1,000-crore government guarantee-backed Short Term Loan (STL).
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Air India Employees' Union Preparing Alternative Plan To Revive Airline
Air India's employee unions today said they were preparing an alternative plan to revive the debt-laden national carrier, a day after the government announced that not a single bid had been received for the proposed stake sale in the loss-making airline.
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No Bids For Air India So Far, Won't Extend Deadline: Aviation Secretary
The government has not received any bids so far for its stake in state-run carrier Air India, the civil aviation secretary told TV channels, a day before the formal bidding process closes.
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"Divest Air India, But Let It Be With Indian Player," Says Mohan Bhagwat
RSS chief Mohan Bhagwat on Monday said Air India should be owned by an Indian player who can run it efficiently, amid the government initiating the disinvestment process for the debt-laden national carrier.
-
Meet SEBI's New Chairman Tuhin Kanta Pandey: Key Behind Air India Sale, LIC Listing
– Tuhin Kanta Pandey is an IAS officer from the 1987 batch of the Odisha cadre. He was appointed as the finance secretary in September 2024. He is also the longest-serving divestment secretary.
-
Tata Buys Air India: 5 Key Facts About The Deal
Tata Sons regained control of Air India nearly 70 years after its nationalisation with the government picking up the salt-to-software conglomerate as the winning bidder for the debt-laden state-run airline. The reserve price was set at 12,906 crores.
-
Government To Get Rs 2,700 Crore Cash From Air India Sale
The government will get Rs 2,700 crore in cash from the divestment of Air India, DIPAM Secretary Tuhin Kunta Pandey said Friday, as he announced that Tata Sons had won the bid to acquire the embattled national carrier.
-
First Class Asset: Aviation Minister "Confident" About Air India's Divestment Plans
Union Civil Aviation Minister Hardeep Singh Puri on Saturday said that he has never been as "hopeful and confident" on Air India's divestment or disinvestment as he is now.
-
Vande Bharat Mission: Over 100 Indians Stranded In US Land In Hyderabad
As many as 118 Indians stranded in the USA landed at GMR-led Rajiv Gandhi International Airport in Hyderabad on Monday as part of the biggest ever off-shore evacuation drive of Indian Citizens under the Vande Bharat Mission.
-
"Would Be Bidding For Air India If I Wasn't A Minister": Piyush Goyal
As the government works on divesting debt-laden Air India, Union Minister Piyush Goyal on Thursday said if he was not a minister, he would be bidding for the airline.
-
Air India Making A Loss Of Over Rs 20 Crore Per Day, Says Minister
The Centre is in a serious process of divestment and will soon come out with the expression of interest (EoI) documents for privatising the national carrier Air India and chopper-operator Pawan Hans.
-
Air India Bailout Plan Not Alternative To Divestment, Says ChairmanÂ
The government's proposed move to pare Rs 29,000 crore of Air India's debt is a short-term measure and not an alternative to divestment plans, the national carrier's Chairman and Managing Director Pradeep Singh Kharola said on Wednesday.
-
Kumar Mangalam Birla, YC Deveshwar Now Part Of Air India Board
The government today inducted corporate bigwigs Kumar Mangalam Birla and YC Deveshwar to the Air India board, a day after seeking Parliament's approval for supplementary grant for equity infusion in the loss-making national carrier.
-
"Air India Stake Sale Review Soon," Says Centre After Plan Put On Hold
The government will soon review the plan for strategic disinvestment of Air India, Union Minister Jayant Sinha said today, a day after the centre said it has decided to put the stake sale in the national carrier on hold.
-
Government Open To Listing Air India After Failed Divestment: Source
The central government is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company.
-
Air India Seeks Rs 1,500 Crore Short-Term Loan To Meet Working Capital Requirements
National passenger carrier Air India has invited bids from financial institutions and banks for a Rs 1,000-crore government guarantee-backed Short Term Loan (STL).
-
Air India Employees' Union Preparing Alternative Plan To Revive Airline
Air India's employee unions today said they were preparing an alternative plan to revive the debt-laden national carrier, a day after the government announced that not a single bid had been received for the proposed stake sale in the loss-making airline.
-
No Bids For Air India So Far, Won't Extend Deadline: Aviation Secretary
The government has not received any bids so far for its stake in state-run carrier Air India, the civil aviation secretary told TV channels, a day before the formal bidding process closes.
-
"Divest Air India, But Let It Be With Indian Player," Says Mohan Bhagwat
RSS chief Mohan Bhagwat on Monday said Air India should be owned by an Indian player who can run it efficiently, amid the government initiating the disinvestment process for the debt-laden national carrier.
