Air India Group
Air India Group News
Daily Bulletin: Sushma Swaraj to address UNGA, Modi to to visit India Gate as part of Parakram Day; top stories for today
External Affairs Minister Sushma Swaraj is expected to address the UNGA, meanwhile the prime minister will observe Parakram Divas in New Delhi. The govt will also launch a sanitation convention today to mark 150th birth anniversary of Mahatma Gandhi.
Air India privatisation: Etihad Airways mulls bid for ailing national carrier, sends feelers to Anil Ambani's ADAG
Talks between Etihad and R-ADAG are unlikely to translate into a partnership. A buyer has to take on a debt of around Rs 33,000 crore.
Air India privatisation: Jet Airways might join race to acquire national carrier post clarity on government position
As the government is set to release an EoI that will kick-off the disinvestment process at Air India group, Jet Airways might bid for the national carrier
Air India disinvestment: Government likely to push out EoI shortly; ready to give up majority control
A government notification announcing the contours of the Air India sale is expected Tuesday night
Government is planning to conduct disinvestment process of Air India group in phases and a EoI will be issued for each entity under the corporation
Potential bidders for Air India are cherry picking businesses to best suit their needs. This is because the huge debt is rendering the company as a whole unattractive.