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Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

General

29 January, 2021

Grapevine: Carlyle eyes stake in Indegene; Phable gets funds; SIA to skip Air India

Global private equity fund Carlyle is looking to acquire a significant minority stake in Indegene Lifesystems, a healthcare IT...

Tata Sons, others submit initial bids for Air India

Infrastructure

14 December, 2020

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 ......

Grapevine: GIC hires WestBridge exec for India fund; Tatas ask SIA to drop non-compete

General

27 November, 2020

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 ......

Govt allows some flights, asks airlines to follow ticket price rules

Infrastructure

21 May, 2020

Govt allows some flights, asks airlines to follow ticket price rules

 India will allow airlines to begin some domestic flights from May 25, its civil aviation minister said on Wednesday, two...

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

Infrastructure

20 April, 2020

Coronavirus chaos: Airlines told to stop bookings; GoAir sends 90% staff on leave

India's aviation regulator has told airlines not to take bookings as the government has not yet decided when to recommence...

IndiGo cuts staff pay as coronavirus curbs air travel

Infrastructure

19 March, 2020

IndiGo cuts staff pay as coronavirus curbs air travel

India’s biggest airline IndiGo has cut the salaries of most employees by between 5% and 20% in response to the ......

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

Infrastructure

19 March, 2020

Govt weighs $1.6 bn rescue plan for aviation sector after coronavirus

India is planning a rescue package worth as much as $1.6 billion for the aviation sector, which has been battered ......

Tatas-SIA eye Jet Airways; KKR to raise Asia-focussed infra fund

General

15 November, 2018

Tatas-SIA eye Jet Airways; KKR to raise Asia-focussed infra fund

The Tata group and Singapore Airlines (SIA) are in talks with cash-strapped Jet Airways India Ltd to merge the latter ......

Suraksha-Dosti Realty highest bidder for Jaypee Infratech; IHH to bid for Fortis

General

12 April, 2018

Suraksha-Dosti Realty highest bidder for Jaypee Infratech; IHH to bid for Fortis

Lakshadweep Pvt. Ltd, a joint venture of Suraksha Asset Reconstruction Company and Mumbai-based Dosti Realty, has emerged as the highest ......

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 ......

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