Air India Sale
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Govt signs share purchase agreement with Tata Sons for Rs 18,000 crore Air India sale
Business | Oct 25, 2021, 05:59 PM ISTEarlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
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Air India may get new buyers in May-June
Business | Mar 26, 2021, 08:25 PM ISTThe much-delayed privatisation of Air India is likely to complete in the first half of this year.
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Key issues yet to be resolved for Air India sale
Business | Nov 01, 2019, 01:54 PM ISTAmong the key issues holding Expression of Interest (EoI), first stage of bidding, is whether FDI norms have to be relaxed to allow foreign airlines to take full control of the airline and extending national carrier status after change in ownership
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Govt plans to complete sale of Air India subsidiary AIATSL by March 2019
Business | Nov 25, 2018, 11:53 AM ISTAir India is reeling under a huge debt burden of over Rs 50,000 crore and the government is planning to sell its non-core subsidiaries of the national carrier.
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Government plans strategic sale process of 4 Air India subsidiaries soon
Business | Sep 16, 2018, 12:22 PM ISTThe disinvestment process is likely to be initiated soon for four Air India subsidiaries -- AASL, HCI, Air India Air Transport Service Ltd (AIATSL) and Air India Engineering Service Ltd (AIESL).
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Air India sale: Govt should divest full stake, allow foreign airlines to bid for national carrier, says IATA chief
Business | Dec 11, 2017, 08:46 AM ISTIATA CEO De Juniac said the government should allow foreign carriers to bid for Air India, and it could prescribe limits to which they can hold stake.