Meenakshi Mallik, who sits on the flag carrier’s board as a director (commercial) and has worked for the airline for 31 years, is the face behind the employees’ offer to acquire Air India. While he has exuded confidence in a communication to staff who have signed up to be part …
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Meenakshi Mallik, who sits on the flag carrier’s board as a director (commercial) and has worked for the airline for 31 years, is the face behind the employees’ offer to acquire Air India. She and 218 other employees have filed an expression of interest (EoI) for the airline, in response …
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Since the skies are far from clear, the new owner will also be able to lay off employees, as his requirement will drop with the reduction in fleet size, officials familiar with the matter said. Topics Air India | Sale of Air India | Privatization of Air India The central …
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NEW DELHI: Air India’s privatization may extend into the next fiscal year as the divestment process is unlikely to be completed in the remaining just over three months of 2020-21, an official said. Salt-to-software conglomerate Tata Group and based in the US. Interups Inc fund they were among “multiple” entities …
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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 …
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NEW DELHI : The Indian government has the option of privatizing the national airline Air India Limited or shutting it down, due to its huge debt, Civil Aviation Minister Hardeep Singh Puri said on Tuesday. Speaking at the Rajya Sabha before the passage of the Aircraft Amendment Bill 2020, Puri …
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