Air India sale: Govt's proposed deal to sell national airline sweeter than expected; buyer can recover investment, say analysts
Given the number of aircraft owned by Air India and its low-cost subsidiary Air India Express, a buyer can recover a major portion of the investment by adopting sale and lease back of airplanes
Air India sale: Govt to sell 100% stake in national carrier with 17 March deadline for EoI submissions; all eyes on suitors
While many industry veterans are bullish on investor interest for Air India, some of the sector experts said that it may not be easy given the current business environment globally.
Jet Airways crisis: Lenders mull liquidation of grounded airline after EoIs attract no major bidder, CoC may meet this week
The decision of Abu Dhabi-based Etihad Airways to exit from the resolution plan of the crisis-hit airline has reportedly hastened Jet Airways' liquidation process.
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.
IndusInd Bank promoters to pump Rs 2,700 crore via warrants to ramp up promoter holding post-merger with Bharat Financial
The merger between IndusInd Bank and the micro-lender, which will be effective 4 July is accretive from a profit, margin and return on equity perspective
There is no reason why the SBI-led lenders' consortium should not prevail upon the new promoters to carry the dues as a liability in Jet Airways’ balance sheet with a moratorium period of, say 10 years.
Keith Vaz, the British Labour MP, whose penchant for rushing to help high-profile Indians in distress has landed him in trouble before.
The Hinduja Group on Monday said it plans to build solar-based power stations to generate 1,000 MW at the cost of around a billion dollars.
Leading NRI businessmen Srichand Hinduja and Gopi Hinduja, Chairman and Co-Chairman of the Hinduja Group, have emerged as the richest Asians in Britain in 2013.