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Wednesday, May 25, 2022
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Air India

Making Sense Of Losses: Selling Air India To Buy Stake In Vodafone Idea And Tata Teleservices

Jan 12, 2022 Neeraj Thakur

After the conversion of AGR dues, the Centre will have 35.8 per cent stake in Vodafone Idea, while its ownership in Tata Teleservices will account for 9.2 per cent.

Delhi HC dismisses Swamy's plea seeking to set aside Air India disinvestment process

Jan 06, 2022 Outlook Web Desk

The order was passed by a bench of Chief Justice D N Patel and Justice Jyoti Singh. The court said a detailed order will be uploaded.


Delhi High Court Dismisses Subramanian Swamy's Plea Against Air India Disinvestment

BJP MP Subramanian Swamy had sought to set aside and revoke the Air India disinvestment process. The Delhi High Court dismissed his disinvestment petition on Thursday.

Centre Opposes Swamy's Plea In HC Seeking To Set Aside Air India Disinvestment Process

Jan 04, 2022 Outlook Web Desk

In October last year, the Centre accepted the highest bid made by a Tata Sons company for 100 per cent equity shares of Air India and Air India Express, along with the government's 50 per cent stake in ground-handling company AISATS -- the first privatisation in 20 years.


Air India Disinvestment: Union Moves HC On Employees' Welfare

The main prayer of the petitioner was to restrain the Ministry and Air India Limited from proceeding further with the process of disinvestment without taking appropriate steps to protect the terms and conditions of service and the rights of the employees, represented by the union.

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03 November, 2021

Pakistan Not Allowing Srinagar-Sharjah Flight In It's Territory Is Unfortunate: Omar Abdullah

Outlook Web Bureau

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.


25 October, 2021

Govt Signs Share Purchase Agreement With Tata Sons For Air India Disinvestment

Outlook Business Team

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.


11 October, 2021

Govt Issues Intent Letter To Tata Sons For Air India

Outlook Business Team

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.


08 October, 2021

Homecoming For Air India: Tata Sons Emerge Winner With Rs 18,000 Cr-Bid

Saptaparno Ghosh

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.


08 October, 2021

Tata Group Buys Air India For ₹18,000 Crore

Outlook Business Team

The announcement was made by the secretaries of DIPAM and the ministry of civil aviation.


01 October, 2021

Reports Of Tata Sons Winning Air India-Bid 'Incorrect': DIPAM Sec

Saptaparno Ghosh

It added that the media would be apprised of the development pertaining to the disinvestment and when it is finalised.


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15 September, 2021

Tata Sons, SpiceJet's Ajay Singh Submit Financial Bids For Air India, Window For Bids Closed At 6pm Today

Outlook Web Desk

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.


08 September, 2021

Govt Sticks To September 15 Deadline For Putting Financial Bids For Air India

PTI

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.


15 August, 2021

Air India Flight From Delhi Hovers Over Kabul For Nearly An Hour Waiting For ATC Permission

Outlook Web Bureau

Only Air India is operating flights between India and Afghanistan and the airline is monitoring the Taliban surge closely.


31 July, 2021

Thiruvananthapuram: Air India Express Flight Makes Emergency Landing Due To Cracked Windshield

Outlook Web Bureau

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.


27 June, 2021

After Air India, Cairn To Target More State-Owned Firms To Recover Money Due From Centre

PTI

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


22 May, 2021

4.5 Million Air India Passengers’ Data Leaked Due To Cyberattack

Outlook Web Bureau

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


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16 May, 2021

UK’s Cairn Energy Eyes Air India To Recover USD 1.72 Billion Due From Centre

Outlook Web Bureau

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.


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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