August 08, 2022 18:09 (IST)
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India's badmin icon PV Sindhu clinches maiden CWG women singles gold | NIA officials raid in Doda, Jammu | India records 18,738 new Covid-19 cases in last 24 hours | Mobile internet services suspended in Manipur after protest over contentious bill | Technical hitch develops in maiden launch of new ISRO rocket

Banks offer Rs 35,000 cr loan to Air India's new owner Talace promoted by Tata

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.

UK's Cairn Energy drops litigation against GoI, Air India in US

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.

Expat CEO to lead Air India; board to be reconstituted: Report

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.

Tata Sons to take over national carrier Air India, wins bid at Rs 18,000 crore

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.

Tata Sons acquire Air India bid, Ratan Tata tweets 'welcome back'

New Delhi: Tata Sons on Friday won the bid to acquire India's national carrier Air India.

Air India Disinvestment: Ratan Tata, Chandrasekaran to soon meet panel of ministers led by Amit Shah

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.

Reports claiming Tata Sons won Air India bid incorrect: Govt

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.

Tata Sons wins bid to acquire Air India: Reports

New Delhi/IBNS: Indian multinational conglomerate Tata Sons has won the bid to acquire the debt-ridden national carrier Air India, media reports said.

Air India disinvestment: Minimum reserve price decided, successful bidder likely finalised

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.

Tatas, SpiceJet place financial bids for Air India

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.

Air India Disinvestment: Civil Aviation Minister Jyotiraditya Scindia says final bids today;Tata, SpiceJet in the race

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.

Air India sale now touches final lap, financial bids received: DIPAM

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.

Air India sale moving at jet speed, Amit Shah-led panel clears PF transfer plan

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.

Air India sale to be concluded by September as govt invites financial bids

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.

Ras Al Khaimah Investment Authority, Ankur Bhatia not bidding for Air India : Report

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.