Hotel Corporation Of India

Finance ministry rejects aviation ministry's proposal to waive Air India's working capital debt of Rs 30,000 crore in one go

The finance ministry, however, has not rejected the demand for a waiver of the working capital debt of Air India

Air India plans to sell four subsidiaries; headquarter building in Delhi, other land assets

Air India, which has been in the red for long, had a debt burden of Rs 48,000 crore at the end of March 2017.

Air India sale: With a likely profit of Rs 297 cr, AI Express only shining star among subsidiaries

Hotel Corporation of India, AI Engineering Services and Alliance Air remained loss making in 2016-17, according to estimates submitted in Parliament on Thursday

Air India disinvestment: Beyond excitement, lies the uphill task of accessing assets, keeping it lucrative for buyers

Beyond the in-principle approval, what the government of India needs the most is to conduct a hard-nosed assessment of Air India’s assets versus liabilities, and a workable proposal which makes the airline attractive to any prospective buyer