The government announced opening of Srinagar-Sharjah flights after deliberations between Lieutenant Governor of J&K Manoj Sinha and Union Minister for Civil Aviation, Jyotiraditya M. Scindia in September.
The share purchase agreement stipulates that the buyer has agreed to the terms set out by the target company for completing the transaction or acquisition.
Tata Sons had won the bid for acquiring 100 per cent stake in the national carrier, last week. A consortium led by Spicejet promoter Ajay Singh came second with their bid of Rs 15,000 crore.
A consortium led by Spicejet promoter Ajay Singh came second with his bid of Rs 15,000 crore. The reserve price for the bid was set at Rs 12, 906 crore.
The announcement was made by the secretaries of DIPAM and the ministry of civil aviation.
It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.
The government is seeking to sell 100 per cent of its stake in the state-owned national airline, including Air India's 100 per cent shareholding in AI Express Ltd and 50 per cent in Air India SATS Airport Services Private Ltd.
After analysing the preliminary bids, eligible bidders were given access to the Virtual Data Room (VDR) of Air India for doing due diligence, following which investors' queries were answered.
Only Air India is operating flights between India and Afghanistan and the airline is monitoring the Taliban surge closely.
The aircraft made the emergency landing at 8.50 am today, an official said adding that it only carried cargo and did not have any passengers onboard.
A lawyer representing Cairn, said the firm will bring lawsuits in several countries to make state-owned firms liable to pay the USD 1.2 billion plus interest and penalties that are due from the Indian government
The data breach occurred following a ‘sophisticated’ cyberattack on Air India’s passenger service system provider--SITA in February, the airline said in a statement
Other Indian assets identified by the British company include vessels belonging to the Shipping Corporation of India, properties owned by state-owned banks and oil and gas cargoes of PSUs.
The incident allegedly occurred when the couple flew with the airline from New Delhi to San Francisco on November 11,2020.
The government has started the process to sell its entire 100% stake in Air India that has been in losses since it merged with Indian Airlines in 2007.
Manu Bhaker had sought action against two employees of Air India for alleged 'harassment' and 'insulting' her at Delhi airport
While presenting the Union Budget on Monday, Finance Minister Nirmala Sitharaman said that the Centre has allocated Rs 2,268 crore for a special purpose vehicle set up as part of financial restructuring of Air India
All India Aircraft Engineers' Association and Air India Aircraft Engineers' Association said that despite facing 40% pay cuts, they were being 'discriminated against'
Leader of Opposition in Uttarakhand Assembly Pritam Singh during a protest near the State Secretariat against the Devasthanam Act, in Dehradun.PTI Photo
Indian Player Mayank Agarwal plays a shot during third day of the first Test cricket match between India and New Zealand, at Green Park stadium in Kanpur.PTI Photo/Arun Sharma
MP & Bollywood actor Sunny Deol with his son Karan Deol (L) during Karan's birthday celebrations, at Sunny Super Sound studio in Mumbai.PTI Photo
Sharad Agarwal, Head, Lamborghini India flags off a convoy of over 50 Lamborghinis as part of the Lamborghini Espierenza Giro India 2021, at Manesar in Gurugram.PTI Photo
Lok Janshakti Party (Ramvilas) President Chirag Paswan inspects Bapu Auditorium for preparation of his party foundation day function, in Patna.PTI Photo
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