Mumbai/IBNS:Air India has been offered a loan of over Rs 35,000 crore at a weighted-average yield of 4.25 percent, the cut-off rate at which the government last raised one-year money through an auction of 364-days treasury bills, ET reported.
Washington D.C/IBNS: Cairn Energy renamed Capricorn Energy has entered into a scheme with the Indian government seeking a refund in taxes and to conclude the multi-billion dollar dispute between both parties.
Mumbai/IBNS: Tata Sons has chosen a non-Indian CEO to head Air India and also shortlisted members for reconstituting the board of the acquired national career before it finally takes over in January 2022, media reports said.
New Delhi: Tata group won the bid to acquire India's flagship carrier Air India, adding another airline brand in its hangar with the other two being Vistara and Air Asia India, here on Friday.
New Delhi: Tata Sons on Friday won the bid to acquire India's national carrier Air India.
New Delhi/IBNS: Tata Group chairman emeritus Ratan N Tata and Tata Sons chairman Natarajan Chandrasekaran are likely to soon meet a panel of Union ministers led by Home Minister Amit Shah to talk about the final parts of the salt-to-software conglomerate’s bid for Air India, two sources aware of the negotiations have told Moneycontrol.
New Delhi/IBNS: The central government has rubbished the reports claiming Indian multinational conglomerate Tata Sons won the bid to acquire debt-ridden national airline Air India.
New Delhi/IBNS: Indian multinational conglomerate Tata Sons has won the bid to acquire the debt-ridden national carrier Air India, media reports said.
New Delhi/IBNS: The government has decided on the minimum reserve price for national carrier Air India as it moves forward to end the disinvestment process by the end of the ongoing fiscal year, media reports said.
New Delhi/IBNS: Salt-to-steel conglomerate Tata has moved a step closer to own Air India, an airline started by J R D Tata way back in 1932 as Tata Airlines, as media reports said that it has put in a financial bid for the airline.
New Delhi/IBNS: The government has started the process of financial bids for the cash-strapped national carrier Air India (AI) on Wednesday as Civil Aviation Minister Jyotiraditya Scindia said September 15 date is fixed for the process and will not be changed, according to media reports.
New Delhi/UNI: The government on Wednesday said that financial bids for Air India disinvestment has been received and the process to sell the airline to a private player is now in the final lap.
New Delhi/UNI: The government is ready to make up for the shortfall on account of liquidation value of the investments in the existing Provident Fund (PF) Trusts of disinvestment-bound Air India.
New Delhi/IBNS: The sale of national carrier Air India has reached the financial bidding stage and the transaction is likely to be concluded by September this year, said media reports.
Mumbai/IBNS: Ras Al Khaimah Investment Authority and Bird Group promoter Ankur Bhatia are not bidding for the national carrier Air India Limited along with SpiceJet chairman Ajay Singh, spokespersons for Ras Al Khaimah government and Bird Group have said, reported Mint.