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Govt kicks off process to sell 76% stake in Air India

Infrastructure

29 March, 2018

Govt kicks off process to sell 76% stake in Air India

India said on Wednesday it plans to sell a controlling stake in Air India along with roughly $5.1 billion of ......

Jet, 2 foreign carriers to make joint bid for Air India; Mytrah Energy eyes funds

General

12 March, 2018

Jet, 2 foreign carriers to make joint bid for Air India; Mytrah Energy eyes funds

Jet Airways and foreign carriers Air France-KLM and Delta Air Lines aim to make a joint bid for state-run Air ......

Budget 2018: Govt aims to mop up $12.5 bn from divestment next fiscal year

Finance

01 February, 2018

Budget 2018: Govt aims to mop up $12.5 bn from divestment next fiscal year

The government aims to raise Rs 80,000 crore ($12.5 billion) from stakes sales in state-run companies in 2018-19, as it ......

Foreign investors can now own up to 49% of Air India

Infrastructure

10 January, 2018

Foreign investors can now own up to 49% of Air India

India cleared a proposal on Wednesday to allow foreign investors to own up to a 49 percent stake in state-run ......

Tata, Singapore Airlines open to bidding for Air India: Vistara CEO

Infrastructure

05 January, 2018

Tata, Singapore Airlines open to bidding for Air India: Vistara CEO

Tata Group and Singapore Airlines are open to bid for indebted state-run Air India, Vistara’s chief executive officer Leslie Thng ......

Pradeep Kharola named Air India chairman

People

28 November, 2017

Pradeep Kharola named Air India chairman

India on Tuesday appointed Pradeep Singh Kharola as chairman and managing director of state-owned Air India, replacing Rajiv Bansal, who ......

Tata Group chairman says keen to bid for Air India

Infrastructure

10 October, 2017

Tata Group chairman says keen to bid for Air India

India’s Tata conglomerate is interested in bidding for state-owned Air India as the group needs to increase the sizes of ......

Govt invites bids to hire bankers for Air India sale

Infrastructure

14 September, 2017

Govt invites bids to hire bankers for Air India sale

India has invited bids to appoint two financial advisors and one legal advisor for the privatisation of national carrier Air ......

Turkish firm Celebi keen to acquire Air India's ground handling unit

Infrastructure

08 September, 2017

Turkish firm Celebi keen to acquire Air India's ground handling unit

Turkey’s Celebi Aviation Holding has shown interest in buying state-owned Air India’s ground handling operations, India’s aviation secretary Rajiv Nayan ......

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

TMT

31 August, 2017

Govt puts off decision to sell BSNL stake after Reliance Jio onslaught

India has deferred a decision on selling a stake in state-run telecoms firm Bharat Sanchar Nigam Ltd (BSNL) as falling ......