Air India

Air India will split into four entities before its sale: Here's what you need to know

The government will also offer to sell at least 51 percent in each of them as part of the disinvestment plan of the national carrier.

Jan 16, 2018

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Air India privatisation: Government considers absorbing employees in other PSUs

"Various options are under consideration to protect the interests of the employees," said Civil Aviation secretary R N Choubey.

Jan 14, 2018

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Modi govt's big FDI push: Cabinet approves 100% FDI in single brand retail via automatic route

Cabinet approved 100 percent Foreign Direct Investment (FDI) in single-brand retail via automatic route.

Jan 10, 2018

Don't privatise Air India, give 5 years turnaround time: Parliamentary committee

The parliamentary committee, after hearing the views of all stakeholders said, "Air India should be given a chance for at least five years to revive themselves."

Jan 7, 2018

Delhi fog gets more than 100 flights grounded, diverted: People across the country affected

Heavy fog in Delhi on December 31 played spoilsport with the plans of thousands of passengers for New Year's Eve.

Dec 31, 2017

Cockroaches crawl on food plates in Air India's business class lounge in Delhi; Airliner apologises

The Air India apologised to the passenger and assured, "Necessary corrective measures are being taken immediately."

Dec 20, 2017

Air India delays flight by 90 minutes with aviation minister Ashok Gajapati Raju on board; here's what he did next

Air India chief Pradeep Kharola has now called for a meeting of senior officials after the flight was delayed by 1.30 hours at the New Delhi airport.

Dec 14, 2017

Foreign airlines must be allowed to bid for Air India: IATA chief executive

Alexandre de Juniac says that the government can keep a part stake initially but should eventually exit Air India.

Dec 11, 2017

Tata Group has shown interest to buy Air India, says Jayant Sinha

Earlier in October, Tata Sons Chairman, N Chandrasekaran hinted at the company's intention on picking up stake in Air India.

Dec 1, 2017

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Who is Pradeep Kharola, the new chairman and managing director of Air India?

A Karnataka cadre officer of the 1985-batch, Pradeep Kharola is currently the managing director of the Bangalore Metro Rail Corp. Ltd. and is also credited with turning the BMTC into a profitable venture.

Nov 29, 2017

Air India may get new name; Govt unlikely to infuse Rs 21,000 crore after privatisation

Out of the promised Rs 50,000 crore, Air India has already received about Rs 27,000 crore, which includes Rs 1,800 crore received this fiscal.

Nov 16, 2017

Air India gets Rs 1,500-cr loan from Bank of India for working capital requirement

The disinvestment-bound national airline is facing some serious headwinds with only IndiGo showing interest in buying the international business of the carrier that has a huge debt in its book and also roadblocks in selling non-core assets.

Nov 12, 2017

Real that seems like reel: Train engine travels 13 kilometers without pilot; staff stops it after chasing it on a bike

An electric engine travelled for about 13 kilometers without its pilot and if you thought this was dramatic, get this! It halted only after a staff member chased it on a bike, jumped in and stopped it.

Nov 10, 2017

Man wears heroin-filled condom to dodge security, gets detained at Chennai International Airport

He was arrested at the airport by the CISF guards while travelling to Colombo from Chennai International Airport.

Nov 8, 2017

Air India looks for Rs 1,500 crore short-term loan to stay afloat until divestment

Air India has put out a requirement for Rs 1,500 crore in short-term loans for working capital needs. Read to know how it is faring.

Oct 20, 2017

Tata Group eyes buying debt-ridden Air India

Chandrasekaran said the company needs more details from the government on the process in order to finalise its position on the deal.

Oct 9, 2017

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Air India taps Rs 6,000 crore loan amid disinvestment plans

The airline is facing cash deficit and the loans from the government will offer some short-term relief and meet the immediate capital requirements.

Sep 26, 2017

Air India disinvestment facing headwinds, failing to attract buyers

Another reason why investors are not showing much interest in buying the state-owned carrier is because of the company's large debt of more than Rs 52,000 crore.

Sep 25, 2017

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Divestment: Air India plans road shows; looking for international buyers?

The government is aware of the possibilities of international players showing interest in the airline. They may amend rules, which at present bar international companies from bidding.

Sep 15, 2017

Air India wants Rs 3,250 crore loan for short-term relief to cash deficit

The tenure of the loan will be one year and the amount proposed will be drawn in two or three tranches.

Sep 14, 2017

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