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
India

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
Business

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
Business

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
Business

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

Govt to privatise Air India in phases; Qatar Airways, IndiGo refute reports about a joint bid
Business

Govt to privatise Air India in phases; Qatar Airways, IndiGo refute reports about a joint bid

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

Air India stake sale: One more bidder likely, the Bird group, but keen only on ground handling biz
Business

Air India stake sale: One more bidder likely, the Bird group, but keen only on ground handling biz

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.