Air India Sale: AI union moves Madras HC against disinvestment
Air India Union has moved to the Madras High Court over the decision to disinvest the national carrier without protecting the interests of its workers.
Dec 03, 2021, 22:23 PM ISTAir India sale: Centre asks ministries, departments to clear dues, make payments for tickets
The Indian government asked ministries and departments to clear dues of debt-laden Air India immediately and henceforth purchase tickets only in cash.
Oct 27, 2021, 21:40 PM ISTAir India-Tata deal: AI unions raise concerns about cash, accommodation, other benefits
Air India Unions wrote a joint letter to Secretary of Ministry of Civil Aviation, raising their concerns related to cash, leave, medical benefits, accommodation of employees and arrears, among others.
Oct 13, 2021, 22:32 PM ISTAir India sale: Here’s how UPA’s years of mismanagement dethroned Maharaja
Most of the credit for pushing Air India into debt goes to Congress-led UPA.
Oct 09, 2021, 21:43 PM ISTAir India back in the hands of Tata Group after 68 years, wins bid for 18,000 crores
Tata's wholly owned subsidiary Tales Pvt Ltd made an enterprise value (EV) bid of Rs 18,000 crore, with debt of Rs 15,300 crore and a cash component of Rs 2,700 crore. Following which the Government of India on Friday announced Tata Group as the winning bidder for Air India.
Oct 08, 2021, 18:00 PM ISTReturn of Air India to the Tatas after 68 years --Here's all you want to know
Air India founded by JRD Tata as Tata Airlines, India`s first airline. It operated only domestic flights at that time.
Oct 08, 2021, 16:56 PM ISTTata Sons acquires Air India, makes winning bid of Rs 18,000 crore
Panel of ministers has cleared winning bid for Air India; two bidders had put in financial bids.
Oct 08, 2021, 16:26 PM ISTAir India disinvestment: Tata Sons winning bid for AI incorrect, says DIPAM
Earlier in the day it was reported by several media houses quoting sources that India`s Tata Sons has been selected as the winning bidder for the debt-laden state-run airline Air India.
Oct 01, 2021, 13:58 PM ISTAir India disinvestment: Tata Sons selected as winning bidder
A panel of ministers accepted a proposal from officials recommending the salt-to-software conglomerate ahead of an offer from Ajay Singh, promoter of India`s airline operator Spicejet Ltd, the report said.
Oct 01, 2021, 11:48 AM ISTAir India disinvestment: Govt starts evaluation of Tata, SpiceJet founder’s bids
Air India could come back under the Tata Group after 67 years.
Sep 29, 2021, 22:05 PM ISTAir India sale: Tata, SpiceJet chief Ajay Singh put in financial bids
Civil Aviation Minister Jyotiraditya Scindia on Thursday said that the government has received bids for the Air India disinvestment.
Sep 16, 2021, 17:22 PM ISTAir India sale: Centre exempts TDS on transfer of assets to SPV
The government in 2019 had set up a special purpose vehicle 'Air India Assets Holding Ltd (AIAHL)' for transfer of debt and non-core assets of the Air India group.
Sep 12, 2021, 16:47 PM ISTAir India sale: Govt begins process for inviting financial bids, deal to conclude by September
Salt-to-software conglomerate Tata Group was among the "multiple" entities that had put in preliminary bids for buying loss-making Air India in December last year.
Apr 14, 2021, 09:44 AM ISTDeadline for Air India bids extended till October 30
This is the fourth extension given by the government for putting in bids.
Aug 26, 2020, 10:02 AM ISTAir India sale: All eyes on potential bidders like Tatas, Hindujas, IndiGo, SpiceJet
Prospective buyers would have to respond to the Expression of Interest (EoI) by March 17, 2020.
Jan 27, 2020, 07:40 AM ISTGovernment committed to Air India's strategic disinvestment: Jayant Sinha
A plan is also being worked out by the Air India board and the situation was reviewed after the proposed strategic stake sale of the national carrier failed to attract any bidders last month.
Jun 20, 2018, 15:55 PM ISTAir India to continue giving Khadi amenity kits to international passengers
The amenity kit will include a number of Khadi products, like soaps, moisturisers and lip balms.
Jun 19, 2018, 09:45 AM ISTAir India stake sale: Govt extends EoI deadline to May 31
Besides, the qualified interested bidders would be intimated on June 15.
May 01, 2018, 17:39 PM ISTGovt issues clarifications on Air India stake sale
It had issued preliminary information memorandum on March 28 for the proposed sale of up to 76 percent stake in Air India along with management control to private entities.
May 01, 2018, 14:32 PM ISTAir India sale a scam in the making, will file complaint if I find culpability: Subramanian Swamy
Swamy has threatened to file a complain if he finds anything wrong with the deal.
Mar 31, 2018, 21:45 PM IST