Eoi
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Tata Group likely to bid for Air India in partnership with Singapore Airlines; eyes merger of Air India Express, Air Asia India
Fp Staff •While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.
Air India to set up panel to address privatisation-related issues of employees; airline staff dues to be paid fully: Report
•At a meeting between the minister and representatives of over a dozen Air India unions in New Delhi on Monday, the minister also "assured" the employees of full payment of their arrears, according to the source.
Air India crisis: Employees of ailing national carrier's ground-handling subsidiary likely to get December salaries by next week
Fp Staff •Air India Chairman and Managing Director Ashwani Lohani had on 4 January said that "rumours" of the disinvestment-bound airline's shutdown are "all baseless".
Govt approves 2,636 new charging stations in 62 cities under FAME India scheme for e-vehicle push: Prakash Javadekar
•The Department of Heavy Industry had invited the expressions of interest from entities for availing incentives under the FAME India Scheme Phase II for deploying charging stations within cities.
Jet Airways crisis: NCLT approves extension of grounded airline's insolvency resolution period by 90 days
•On Thursday, Synergy Group Jet Airways' sole potential bidder had sought more time to take a decision on investing in the grounded airline.
BPCL, Air India privatisation: Govt to go ahead with disinvestment of PSUs despite opposition, protests
Fp Staff •Air India is sitting on a debt pile of around Rs 58,000 crore, besides huge accumulated losses running into thousands of crores.
Pawan Hans stake sale: Govt extends EoI deadline by a week; seeks buyer for third time in 16 months
•The government holds 51 percent stake in Pawan Hans Ltd (PHL), which has a fleet of 43 helicopters
Jet Airways stake sale: Lenders of bankrupt airline give third extension for EoI to 31 Aug
•The bankruptcy court had on 20 June appointed Ashish Chhawchharia as RP, who late last month had floated EoIs for Jet Airways that stopped flying mid-April.
Jet Airways crisis: Etihad Airways says will not express interest to invest in cash-strapped airline on unresolved liabilities
•Etihad acquired a 24 percent stake in Jet Airways in 2013, at a time when the carrier had needed significant financial support.
Days after submitting EoI for Jet Airways, Vedanta's Anil Agarwal says not interested in debt-laden airline
•In April, Etihad had presented a conditional expression of interest to reinvest in Jet Airways as a minority stakeholder, with a partner, but it did not materialise.