WebOct 11, 2024 · Government has approved Tata Group’s Rs 18,000-crore bid for the state-owned carrier, Air India. The deal, which is expected to be completed by December-end, … WebOct 11, 2024 · The Air India deal has signalled that the government is willing to offer better terms to bidders in order to give a fillip to its privatisation plan. To make the prospect of owning Air India more palatable to the new owners, the government took the bulk of the airline’s debt, to the extent of Rs 46,000 crore.
Military-Spec Private Jet: The Story Of the North …
WebJan 27, 2024 · The Air India strategic disinvestment transaction has been completed today with the government receiving about $360 million in equity and Tata taking over more than $2 billion of Air... WebOct 8, 2024 · Tata Sons makes the winning bid of Rs 18,000 cr for Air India privatisation as the airline returns to its founder after 68 years. Tata Sons has won the bid to acquire national carrier Air India on Friday. The salt-to-software conglomerate placed a winning bid of ₹ 18,000 crore re-acquire the airline more than half a century after it ceded ... geographical features of chhattisgarh
Air India - Wikipedia
WebJan 27, 2024 · Air India marks 1 year of privatisation, says average daily revenue has doubled Carrier says it has cleared 10 lakh refunds from the pre-privatisation era January 27, 2024 09:14 pm ... WebOct 1, 2024 · Air India privatisation: Tata Sons to take over the national carrier The government has been losing nearly Rs 20 crore every day to run the national carrier, which made accumulated losses of over Rs 70,000 crore so far. Copy Link ETGovernment Updated On Oct 1, 2024 at 01:00 PM IST WebOct 18, 2024 · A+ Washington: The International Monetary Fund on Monday said the sale of national carrier Air India will constitute an “important milestone” in India’s privatisation efforts. Tata group has emerged as the winning bidder for the loss-making Air India, and on October 11, a letter of intent (LoI) was issued to the group. chris pappas nh-01