IndiaCatalog.com
Login Signup
IndiaCatalog.com
Home Web Directory Classifieds Yellow Pages Global Directory City Guide News Photo Galleries
Login
Signup
  • Home
  • News
  • Air India Related news

Air India Related news

Govt plans to sell BPCL, Concor, Air India by March 2020: Report

Govt plans to sell BPCL, Concor, Air India by March 2020: Report

New Delhi: India aims to sell two or three state-owned firms to local or foreign firms to raise up to ₹60, 000 ($8.5 billion) by March 2020, a senior Finance Ministry official said on Monday.

The government planned to sell Bharat Petroleum Corp Ltd, logistics firm Container Corp of India Ltd and debt-laden Air India before the end of the 2019/20 financial year, the official, who asked not to be named, told reporters.

Amit Shah panel sets the ball rolling on sale of debt-laden Air India

Amit Shah panel sets the ball rolling on sale of debt-laden Air India

A group of ministers, led by Home Minister Amit Shah, on Thursday set the ball rolling on disinvestment of state-owned Air India. This is the second attempt of the Modi government to sell Air India after a previous attempt failed to generate any interest.

Officials aware of the deliberations in a meeting of AISAM on Thursday said the agenda was to seek a formal political approval for the re-initiation of the privatisation process.

Air India privatization: GoM led by Amit Shah to meet today to discuss carrier divestment

Air India privatization: GoM led by Amit Shah to meet today to discuss carrier divestment

A group of ministers led by Home Minister Amit Shah is set to meet on Thursday to discuss Air India privatization as the government looks to reduce its stake in the state-run carrier. The panel, which will have Finance Minister Nirmala Sitharaman, Commerce and Industry Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri, will discuss key issues relating to selling 100% stake in the airline,

Air India bond issue a big draw

Air India bond issue a big draw

Air India Assets Holdings Ltd (AIAHL), a special purpose vehicle, has raised Rs 7,000 crore through a bond issue, which was subscribed nearly three times.

AIAHL had come out with its maiden bond issue for Rs 1,000 crore with an option to retain an additional subscription of up to Rs 6,000 crore. The bonds are fully-backed by the government.

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

New Delhi: Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials.

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit this fiscal

New Delhi: Air India posted an operating loss of around Rs 4,600 crore in the last financial year mainly due to higher oil prices and foreign exchange losses but the debt-laden carrier expects to turn operationally profitable in 2019-20, according to senior officials.

Air India says I am the Maharaja, not IndiGo; refutes report of losing international crown

Air India says I am the Maharaja, not IndiGo; refutes report of losing international crown

The state-run carrier Air India is still the market leader to fly on international routes with more than double the capacity of rival IndiGo, the airline said on Monday. The clarity on the matter comes a day after a report said that the Maharaja has been pipped by IndiGo as the later “now has the largest share of international seats to/from India”, a consultancy firm, Centre for Asia Pacific Aviation (CAPA), said in its report on August 31.

Government to completely exit Air India: Hardeep Puri

Government to completely exit Air India: Hardeep Puri

Civil aviation minister Hardeep Puri on Thursday said the government will completely exit Air India, and there is already significant interest among prospective buyers for it. “Air India should be totally privatised. We have to get the best possible deal and we have to get it in the shortest possible time available,” Puri told reporters.

Not govt’s business to do business: Hardeep S Puri says govt firm on Air India divestment

Not govt’s business to do business: Hardeep S Puri says govt firm on Air India divestment

Reaffirming government’s plans to go ahead with the divestment of ailing national carrier Air India, Civil Aviation Minister Hardeep S Puri said that the “government is determined to privatise Air India”. Speaking at a press conference, the minister reiterated that it is not government’s business to run airlines and hence Maharaja must go to a private player. However, the Air India brand will remain Air India, he added.

Air India puts more than 60 real estate assets under the hammer

Air India puts more than 60 real estate assets under the hammer

MUMBAI: Air India Ltd is auctioning more than 60 real estate assets, including some it could not sell at its last auction in April, as the debt-laden national carrier makes a renewed attempt to raise funds.

The last date for submitting bids is 30 August, according to a tender document issued by the airline.

  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
Illegal US entry means jail, deportation, visa ban: Embassy warns Indians
IndiaCatalog News
Adani Total Gas, Jio-bp tie up to offer petrol, diesel, CNG at fuel outlets
IndiaCatalog News
NSE offers $160 mn to settle dispute with Sebi, move ahead with IPO
IndiaCatalog News
ED raids in Gujarat, Maharashtra in cyber fraud probe over ₹100 cr scam
IndiaCatalog News
India returns to space after 41 yrs, Shubhanshu Shukla lifts off on Axiom-4

CORPORATE NEWS

Reliance Energy
Reliance Energy
National Association of Software & Service Companies (NASSCOM)
National Association of Software & Service Companies (NASSCOM)
Tata Motors
Tata Motors
Ford India Limited
Ford India Limited
Cellular Operators Association of India (COAI)
Cellular Operators Association of India (COAI)
NTPC Limited
NTPC Limited
Volvo India
Volvo India
Lanco Industries
Lanco Industries

PHOTO GALLERY

Ready
Ready
Riteish Deshmukh
Riteish Deshmukh
Shadow
Shadow
Nargis Fakhri
Nargis Fakhri
Sumanth Ashwin
Sumanth Ashwin
Japan Tsunami
Japan Tsunami
San Diego Zoo
San Diego Zoo
Suzki
Suzki
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com