In a statement issued on January 28, BMS said that while calculating profit and loss of Air India, one should consider the role Air India has been playing to serve the passengers in many low-profit or loss-making routes

Govt document mentions transfer of debt worth Rs 23,286.5 crore to new owner will include finance lease obligations, long-term borrowings, short-term borrowings. But if its 33 aircraft are no longer under finance lease, what kinds of debt transfer would that be?

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Civil Aviation Minister Hardeep Singh Puri on Monday reiterated the successful bidder would continue to use Air India brand

Centre will likely set aside about 98 crore shares under ESOP; detailed terms and conditions of ESOP will be provided at the request for proposal stage

At the time of closing of the proposed transaction, debt of Rs 23,286.5 crore will remain with Air India and Air India Express, and the remaining debt will be allocated to Air India Assets Holding

For a period of one year from the date of selection of the bidder, it will not be allowed to transfer equity securities of Air India

Air India sale: The Minister of State for Civil Aviation said the successful bidder would continue to use Air India brand

Air India Divestment: As a part of disinvestment, 100% equity stake in Air India with its 100% equity stake in AIXL and AI's 50% equity stake in AISATS is being sold by the Centre

Air India sale: Modi government on Monday announced sale of 100 per cent stake in debt-laden Air India. It also issued the preliminary bid document for the strategic divestment

As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost airline Air India Express and 50 per cent shareholding in joint venture AISATS

The document set March 17 as the deadline for submissions of initial expressions of interest and said any bidder would have to agree to assume roughly $3.26 billion in debt

Part II of this two-part series looks at another area of off-budget financing that has escaped CAG's attention - 'strategic disinvestment' in CPSEs the tabs for which are picked by other CPSEs. This is worrisome as it threatens to jeopardise financial health of many CPSEs, including the 'navaratnas' for short-term fiscal gains

As many as 44 per cent people supported the Centre's privatisation drive, while 39 per cent opposed the government's decision to sell its majority stake in the Public Sector Units (PSUs)

If the government agrees \"in-principle\" on their demand, the unions will work out the contours of the VRS package, including the service cut-off period and the quantum of monetary compensation

'Will ensure Air India keeps operating uninterruptedly,' says Aviation MinistryThe Ministry of Civil Aviation said on Tuesday that it would make sure that Air India continues to operate 'uninterruptedly'. The ministry said that it aims to improve the airline's operations as the government plans to go ahead with Air India's disinvestment process. Aviation minister Hardeep Singh Puri had also said last year that it would be difficult to run the airline without privatising it.As comp...

Air India disinvestment: The ministry said that it aims to improve the airline's operations as the government plans to go ahead with Air India's disinvestment process

After the fall of Jet Airways, Air India is the only full-service domestic carrier serving to long-haul destinations in the US and Europe

Bharat Bandh 2020 Updates: Banking services across Telangana severely hit by the nationwide strike called by various trade unions protesting the central government's 'anti-people' policies

Ten central trade unions along with various sectoral independent federations and associations, to go on a nationwide strike tomorrow, against government's disinvestment, privatisation and labour reform policies