Air India Building

Why the Air India Nariman Point property sale should be the template for future PSU disinvestment

Air India’s whopping outstanding to banks and accumulated losses was a put-off for potential suitors for a going concern sale

Govt plans to sell Air India's iconic Mumbai building to JNPT to raise funds for cash-strapped national carrier

Air India's 23-storey building at Nariman Point, Mumbai, which was also once the airline's headquarters, is a prime property and is likely to fetch high valuations

1993 blasts: First attack after WW-II where maximum RDX used, says SC

The 1993 serial blasts in Bombay was the first terror attack in which RDX was used on a large scale since the World War II, the Supreme Court today said while dealing with the havoc caused by 12 coordinated explosions in the country's financial capital.