Media reports indicating approval of financial bids by Government of India in the AI disinvestment case are incorrect. Media will be informed of the Government decision as and when it is taken. pic.twitter.com/PVMgJdDixS — Secretary, DIPAM (@SecyDIPAM) October 1, 2021…
Singapore Airlines (SIA) the flag carrier airline of Singapore is open to integrating Air India’s flight network with that of Vistara if the national carrier is acquired by the Tata Group. However, the airline confirms that it will not be joining…
SpiceJet Chairman Ajay Singh has joined hands with Ras Al Khaimah Investment Authority and Ankur Bhatia, promoter of Delhi-based Bird Group to bid for 100 percent of national carrier Air India. Singh and Bhatia have expressed interest in the debt-laden…
As per the report of ZeeBiz, the Govt. of India has reportedly shortlisted Tata Group and SpiceJet for the bid to buy out Air India. The Tata Group and SpiceJet will now go into the next round of bidding. “Tata…
According to a report, the government may receive around Rs 15,000 crore from the sale of Air India, its subsidiary Air India Express and AISATS. Potential bidders are attributing zero value to the equity of the financially troubled company, with…
According to a report, Singapore Airlines (SIA) has waived off a non-compete clause and is unlikely to partner Tata Sons to bid for the beleaguered national carrier Air India. In December, Tata Group filed an Expression Of Interest (EoI) for…
Subramanian Swamy has aksed civil aviation minister Hardeep Singh Puri to disqualify Tata Sons from the Air India disinvestment process. Subramanian Swamy is Rajya Sabha member of parliament (MP) of Bharatiya Janata Party (BJP). He urged the government to disqualify TATA…
National carrier Air India has directed all its employees, who are interested in the bid and have submitted an expression of interest (EoI) for participating in the bid for strategic disinvestment of the airline, to refrain from handling policy and…
The Air India sell-off plan moved to second stage on Monday with the government saying that multiple expressions of interest (EoI) has been received for strategic disinvestment of the national carrier. Salt-to-software conglomerate Tata Group and US-based fund Interups Inc…
As per some media reports, Tata Group is likely to file an expression of interest (EoI) for cash-strapped national carrier Air India Limited on Monday. The deadline to submit the expression of interest (EoI) is 5 pm today. As per…
