Air India-divestment

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Air India-divestment - Total results - 27
Coronavirus Outbreak: Air India unions challenge airline's decision to slash allowances by 10% in Mumbai High Court
Business

Coronavirus Outbreak: Air India unions challenge airline's decision to slash allowances by 10% in Mumbai High Court

Air India employee unions have moved the Bombay High Court against the airline's decision to slash allowances, which form a major part of the salary, by ten percent because of the impact of the coronavirus pandemic

Coronavirus Lockdown: Air India pilot unions urge govt to provide financial support to clear wage backlog
Business

Coronavirus Lockdown: Air India pilot unions urge govt to provide financial support to clear wage backlog

Air India's pilot unions IPG and ICPA has urged Civil Aviation Minister Hardeep Singh Puri to "urgently" provide financial support to the national carrier amid private airlines' cry for a bailout package in the wake of the COVID-19 outbreak

Air India divestment process looks very uncertain due to COVID-19 crisis, says CRISIL
Business

Air India divestment process looks very uncertain due to COVID-19 crisis, says CRISIL

The disinvestment process for national carrier Air India looks "very uncertain" in the wake of the coronavirus pandemic that has impacted the aviation sector the most globally, according to rating agency CRISIL

Air India privatisation: Govt permits NRIs to own up to 100% stake in ailing national carrier; measure not in violation of SOEC norms
Business

Air India privatisation: Govt permits NRIs to own up to 100% stake in ailing national carrier; measure not in violation of SOEC norms

Allowing 100 percent investment by NRIs in the crisis-hit Air India would also not be in violation of Substantial Ownership and Effective Control (SOEC) norms.

Air India will run till privatisation, says Civil Aviation Minister Hardeep Singh Puri; requests Unions to cooperate
Business

Air India will run till privatisation, says Civil Aviation Minister Hardeep Singh Puri; requests Unions to cooperate

Air India will run till its privatisation, said Puri, and requested all the Unions to cooperate towards the process.

Air India divestment: Govt likely to sell full stake in national carrier; lukewarm response to airline's realty assets sale bid
Business

Air India divestment: Govt likely to sell full stake in national carrier; lukewarm response to airline's realty assets sale bid

The government may not hold any residual stake in Air India keeping in view the last year's unsuccessful privatisation bid.

Air India's balance sheet is splashed with red ink; if the govt won't sell the ailing carrier, it has to bear the cross
Business

Air India's balance sheet is splashed with red ink; if the govt won't sell the ailing carrier, it has to bear the cross

Air India has logged losses for over a decade, has a debt of over Rs 50,000 crore and faces stiff competition from private airlines. What should the government's focus be?

P Chidambaram says Centre totally confused on Air India assets sale, should sort out its mind
India

P Chidambaram says Centre totally confused on Air India assets sale, should sort out its mind

Senior Congress leader P Chidambaram on Monday alleged that the government was "totally confused" on the Air India assets sale and asked it to "sort out its mind" before attempting to tackle the problem.

Air India stake sale: Why the failed first attempt at the carrier's disinvestment could cost the Narendra Modi govt dear
Business

Air India stake sale: Why the failed first attempt at the carrier's disinvestment could cost the Narendra Modi govt dear

The AISAM must be allowed to relax the Air India bid conditions substantially. Else, the carrier will continue to feed on taxpayer funds.

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?
Business

Air India divestment: Govt unsure if it can sell the ailing carrier; civil aviation secretary RN Choubey's take a case of sour grapes?

A non-airline company, with no experience in running an airline, can also place a bid for Air India. This shows all that is wrong with the divestment.

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier
Business

Air India privatisation: Naresh Goyal's Jet Airways rules out bid for debt-ridden national carrier

Jet's announcement comes days after IndiGo pulled out of the race to acquire Air India's operations. The Centre now has no clear front-runner in the sale campaign.

Air India privatisation: IndiGo sole domestic carrier eligible to table solo bid for ailing airline
Business

Air India privatisation: IndiGo sole domestic carrier eligible to table solo bid for ailing airline

However, IndiGo, the first to express an interest in acquiring national carrier Air India, will have to meet some conditions when it puts down a solo bid.

Air India privatisation: Government plans to sell 76% stake in ailing national carrier
Business

Air India privatisation: Government plans to sell 76% stake in ailing national carrier

The Civil Aviation Ministry has sought Expression of Interest (EoI) for the stake sale in the loss-making Air India and two of its subsidiaries

Air India set to give salary hikes, promotions to pilots even as the Maharajah looks at ways to clear Rs 53,000-cr debt
Business

Air India set to give salary hikes, promotions to pilots even as the Maharajah looks at ways to clear Rs 53,000-cr debt

Some employees at Air India complain that the hikes and promotions will increase inefficiencies in the entire workforce.

Air India disinvestment: IndiGo, Qatar Airways consortium likely to table bid for the national carrier
Business

Air India disinvestment: IndiGo, Qatar Airways consortium likely to table bid for the national carrier

A consortium of low-cost carrier IndiGo and Qatar’s national carrier, Qatar Airways is likely to make a bid for national carrier Air India

Air India's proposed stake sale will go on, but suggestions on divestment welcome: Ashok Gajapathi Raju
Business

Air India's proposed stake sale will go on, but suggestions on divestment welcome: Ashok Gajapathi Raju

Currently, a ministerial panel is firming up the contours of the strategic divestment -- of at least 51 percent stake -- in Air India and its subsidiaries

Air India stake sale: Breaking up of the Maharaja is a good move but govt should exit the national carrier completely
Business

Air India stake sale: Breaking up of the Maharaja is a good move but govt should exit the national carrier completely

Even if the government waives a significant part of the Air India' debt from the books, its looming presence would be enough to deter sound investors.

Air India privatisation: Cabinet allows foreign airlines to buy up to 49% stake in national carrier
Business

Air India privatisation: Cabinet allows foreign airlines to buy up to 49% stake in national carrier

A ministerial group, Air India-specific Alternative Mechanism, headed by Finance Minister Arun Jaitley is looking into the modalities to divest loss-making airline