Air India
Infrastructure
Tata Sons, others submit initial bids for Air India
The Indian government said on Twitter it has received multiple bids for its stake in state-run carrier Air India, the ......
General
Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete
Singapore’s sovereign wealth fund GIC is set to launch an India-dedicated public market fund of size up to $3 billion ......
Economy
Govt asks state-run firms to consider buybacks in move to bridge fiscal gap
India has asked at least eight state-run companies to consider share buybacks in the fiscal year that runs through March ......
General
Grapevine: ARCIL, others bid for Reliance Commercial Finance; Tatas' Air India bid soon
Thirteen investors submitted bids for Reliance Commercial Finance, which is undergoing an insolvency process, after lenders led by Bank of ......
Infrastructure
Why Indian aviation faces a long flight to full recovery from virus impact
The government’s decision to allow domestic carriers to resume partial operations from next week came as a shot of adrenaline ......
Infrastructure
Govt allows some flights, asks airlines to follow ticket price rules
Airlines should stick to ticket price guidelines issued by India's civil aviation ministry when they restart some domestic flights, two ......
Consumer
Coronavirus: Which PE portfolio firms are in the line of direct fire?
Private equity firms can expect some of their portfolio companies in travel, food, hospitality and entertainment to take a hit ......
Infrastructure
Indian airlines take hit as govt suspends inbound visas to stem coronavirus spread
Indian airline share prices tumbled on Thursday after the government moved to restrict travel into the country in an effort ......
General
Grapevine: Everstone looks to sell IT firm Everise; Adani may bid for Air India
Private equity firm Everstone Capital has decided to sell its Singapore-based IT services firm Everise Holdings for about $300 million, ......
Infrastructure
CCI finds no proof of cartelisation among IndiGo, SpiceJet and others
Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo, and four rival carriers colluded ......