Tata Sons wins bid to acquire Air India

The conglomerate regained control of the debt-laden airline nearly 70 years after its nationalisation.

Scroll Staff

· Oct 08, 2021 · 04:32 pm

Air India disinvestment: Government denies report that Tata Sons bid has been approved

A report said that Tata Sons was preferred over the bid placed by Ajay Singh, the chairman of private airline SpiceJet.

Scroll Staff

· Oct 01, 2021 · 04:20 pm

Tata Sons submits bid to acquire Air India, say reports

The finance ministry confirmed that it had received bids for Air India’s disinvestment, but did not give any further details.

Scroll Staff

· Sep 15, 2021 · 09:00 pm

Air India to be 100% disinvested, choice between selling off and shutting down: Aviation minister

Hardeep Puri said the debt-ridden national ‘must find a new home’.

Scroll Staff

· Mar 27, 2021 · 05:53 pm

With Tatas in the run, will Modi government’s plan to sell Air India take off this time?

Even as things are looking up now, experts had earlier said that the Centre’ measures to make the airline attractive to the investors were not up to the mark.

Niharika Sharma, qz.com

 & 

Prathamesh Mulye, Qz.com

· Dec 24, 2020 · 07:30 pm

Air India sale: Deadline to submit bids extended till April 30, government cites COVID-19 fears

The earlier deadline was March 17, but interested bidders requested an extension.

Scroll Staff

· Mar 13, 2020 · 02:26 pm

Air India sale: NRIs now allowed to buy entire stake, says Centre

Earlier, NRIs were allowed to own up to 49% stake.

Scroll Staff

· Mar 04, 2020 · 06:46 pm

Air India will protect workers’ interests, airline chief tells employees in open letter

Ashwani Lohani’s assurance came at a time when employees’ unions are planning to protest against the government’s disinvestment move.

Scroll Staff

· Nov 08, 2019 · 01:02 pm

Privatisation of Air India is ‘truly underway’, says Civil Aviation Minister Hardeep Puri

Puri made the remark after a meeting of the Group of Ministers constituted to oversee the sale of the national carrier.

Scroll Staff

· Sep 19, 2019 · 10:02 pm

Centre is aiming for 100% privatisation of Air India, says civil aviation minister

Hardeep Singh Puri said the government was open to the idea of lifting the cap on foreign direct investment in the aviation sector.

Scroll Staff

· Aug 29, 2019 · 07:36 pm

Centre will go ahead with disinvestment of Air India, says civil aviation minister

Hardeep Singh Puri said ‘continued support from the government’ has improved the financial and operational performances of the state-run carrier.

Scroll Staff

· Jun 27, 2019 · 10:05 pm

Prime Minister’s Office, president and other VVIPs owe Air India Rs 600 crore, says RTI

The national airline has been selling properties annually to raise money, but with limited success.

Scroll Staff

· May 19, 2019 · 05:50 pm