Air India Stake
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India Open To Selling Part Of Air India To Foreign Airline: Report
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
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Plan To Revive Air India Going Through Government Approval: Jayant Sinha
The revival plan for debt-laden national carrier Air India is going through the government's approval process, an official said on Thursday.
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Government Did What It Could With "Sincerity" For Air India: PM Modi
Prime Minister Narendra Modi has said the government has done what it had to with "utmost sincerity" for Air India and emphasized the need to differentiate between lack of response to one sale offer and a policy decision.
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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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Centre Puts Off Air India Stake Sale For Now, Says Senior Official
The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said today. The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt laden national carrier failed to attract any bidder.
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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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For Third Month In A Row, Air India Employees Go Without Salary
Air India, which has failed to get a single bidder for its disinvestment plan, has delayed its employees' salaries for the third consecutive month, sources say.
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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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Government Issues Clarifications On Air India Stake Sale
The government today came out with a set of clarifications on the proposed strategic disinvestment in Air India and said individuals other than the airline's employees would not be allowed to bid.
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Air India's $8.5 Billion Debt Pile To Be Split Before Stake Sale
The debt will be divided into sustainable and unsustainable debt, said Minister of State for Civil Aviation Jayant Sinha.
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Government Looks For Ways To Absorb Air India Workers Ahead Of Stake Sale
Air India and its subsidiaries have around 29,000 employees, including those on contract.
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India Open To Selling Part Of Air India To Foreign Airline: Report
India is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday.
-
Plan To Revive Air India Going Through Government Approval: Jayant Sinha
The revival plan for debt-laden national carrier Air India is going through the government's approval process, an official said on Thursday.
-
Government Did What It Could With "Sincerity" For Air India: PM Modi
Prime Minister Narendra Modi has said the government has done what it had to with "utmost sincerity" for Air India and emphasized the need to differentiate between lack of response to one sale offer and a policy decision.
-
"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.
-
Centre Puts Off Air India Stake Sale For Now, Says Senior Official
The government has decided not to go ahead with Air India stake sale in an election year and will provide required funds for its operations, a senior official said today. The decision comes less than 3 weeks after the proposed 76 per cent strategic stake sale in debt laden national carrier failed to attract any bidder.
-
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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For Third Month In A Row, Air India Employees Go Without Salary
Air India, which has failed to get a single bidder for its disinvestment plan, has delayed its employees' salaries for the third consecutive month, sources say.
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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.
-
Government Issues Clarifications On Air India Stake Sale
The government today came out with a set of clarifications on the proposed strategic disinvestment in Air India and said individuals other than the airline's employees would not be allowed to bid.
-
Air India's $8.5 Billion Debt Pile To Be Split Before Stake Sale
The debt will be divided into sustainable and unsustainable debt, said Minister of State for Civil Aviation Jayant Sinha.
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Government Looks For Ways To Absorb Air India Workers Ahead Of Stake Sale
Air India and its subsidiaries have around 29,000 employees, including those on contract.
