03 Aug 2018
Jet Airways 'can't run after 60 days,' stake-sale attempts on
The debt-ridden Jet Airways, India's second-largest airline by market share, is desperate for cash, and has resumed talks with investment bankers for assistance in a stake sale.
28 Jun 2018
Mumbai's iconic Air India Building getting sold?
In an attempt to revive the debt-ridden Air India, the government is considering selling the iconic Air India building at Nariman Point in Mumbai to the Jawaharlal Nehru Port Trust (JNPT).
18 Jun 2018
After Air India fiasco, Modi-govt now plans Coal India sale
After its unsuccessful bid to sell a 76% stake in cash-strapped flag carrier Air India, Prime Minister Narendra Modi-led government is now reportedly planning to offload a stake in state-run mining giant Coal India, the world's largest miner of fuel.
02 Jun 2018
Shame Game: Let's decode the Air India disinvestment plan
You must have been listening about some ruckus going around the flag carrier Air India.
06 Apr 2018
IndiGo is no longer buying Air India
IndiGo, India's largest domestic air carrier, which was among the first to express interest in buying Air India after the government announced its disinvestment, has now backed out, saying it doesn't have the capability required to successfully take on the airline's operations.
30 Mar 2018
Here's all you need to know about Air India sale
Initiating the disinvestment process for India's national carrier Air India (AI) on Wednesday, the government issued a preliminary information memorandum (PIM) offering to sell 76% of its stake in the Maharaja.
28 Mar 2018
Government calls for bids for 75% stake-sale in Air India
The government has called for bids for sale of 76% stake in Air India (AI), which has debts of Rs. 52,000cr.
28 Feb 2018
Air India to hire 500 more cabin-crew staff by May
Disinvestment-bound Air India plans to hire 500 cabin crew members as the national carrier prepares to induct more aircraft and meet new regulatory requirements.
16 Jan 2018
Centre to divide Air India into 4 firms before sale
Centre will split the debt-laden Air India (AI) into four separate entities by 2018-end under a divestment plan proposed by PM Narendra Modi. 51% stake in each entity would be sold.
08 Jan 2018
Parliamentary panel: Don't privatize Air India, give 5yrs for revival
Parliamentary Standing committee on Transport, Tourism and Culture plans to tell the government that this is not an appropriate time to privatize Air India (AI).
05 Nov 2017
Air India selling flats worth Rs. 50cr to SBI: Sources
Even as the strategic sale of Air India (AI) proceeds, reports have emerged that it is in advanced talks with SBI for the sale of two residential properties.
04 Aug 2017