Written by Sandeep Singh, Pranav Mukul, Aashish Aryan | New Delhi | Updated: December 17, 2020 7:25:10 am This is the government’s second attempt to divest its stake in the airline after the previous move in 2018 ended without an offer. LAXMI PRASAD PALAYPU, President of US-based Interups Inc, which …
Read More »Six new ‘eyes in the sky’ for IAF to build DRDO on Air India aircraft
In a big push for the local defense industry, India is to manufacture six new Airborne Early Warning and Control aircraft that will be developed by Air India’s Defense Research and Development Organization (DRDO) in aircraft to further enhance capabilities. surveillance of the Air Force along the borders with China …
Read More »As Air India offers close, Tatas and consortium led by staff in fray
Written by Pranav Mukul | New Delhi | December 15, 2020 4:48:21 am “Multiple expressions of interest have been received in Air India’s strategic divestiture. The transaction will now go to the second stage, ”Tuhin Kanta Pandey, secretary of the Department of Investment and Management of Public Assets, posted in …
Read More »Explained: Formal offers for Air India are closed, who will the Maharaja turn to?
Written by Pranav Mukul, edited by Explained Desk | New Delhi | Updated: December 14, 2020 8:57:57 pm This is the government’s second attempt to divest its stake in Air India. (Source: Air India / Twitter) The Center has said it has received “multiple expressions of interest” from Air India, …
Read More »Air India Sale: Tatas Among ‘Multiple’ Bidders
NEW DELHI: The government has received “multiple expressions of interest (EoI)” for Air india before Monday, 5 pm, deadline. The biggest name and the strongest contender remains Founder of IA Tata Group it was known to have submitted its offer through AirAsia India. Others that did include a group of …
Read More »209 Air India Employees Submit EoI for 51% Stake in National Airline
A group of 209 Air India employees have submitted an expression of interest for the national airline in partnership with a private financier. The bidding process is led by Meenakshi Mallik, who is the current Commercial Director of Air India. “We have submitted an EoI together with a partner who …
Read More »Tatas to go solo for Air India EoI, plans to co-opt Singapore Airlines later
If Air India enters their fold, Tatas’ combined market share in the Indian domestic aviation market will be around 23%, 10% higher than SpiceJet. Topics Tata Group | Air India | Singapore Airlines Salt-to-steel conglomerate Tata Sons is likely to file an expression of interest (EoI) for state airline Air …
Read More »Tata Sons to Present Expression of Interest in Air India Today – Sources
Image for representation. The government has substantially improved Air India’s sales conditions. It has offered for sale its 100% stake in AI and AI Express, instead of 76% on the first try, and the full 50% it owns in the AI-SATS ground handling joint venture. News18.com Last update: December 14, …
Read More »Air India crew member hides gold worth Rs 72.46 lakh in overhead compartment, arrested
Four silver-plated gold ‘kadas’ recovered from the plane. New Delhi: An Air India crew member and a catering staff were arrested by customs officials for allegedly attempting to smuggle gold valued at approximately Rs 72.46 lakh into the country at Indira Gandhi International Airport, an official statement said Monday. . …
Read More »Air India announces first direct flight between Bangalore and San Francisco
Written by Darshan Devaiah BP | Bangalore | Updated: November 26, 2020 8:50:22 am Air India has opened ticket booking for San Francisco from Bangalore as of Wednesday. Passengers from Bengaluru airport will soon be able to fly nonstop to San Francisco, as India’s national airline Air India announced a …
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