17,000 new credit cards issued by ICICI linked to wrong users
Vandhe Bharat Passengers to only get half-a-litre water bottles; Boost & Horlicks no longer a health drink; IRCTC launches new Leh-Ladakh package and more....
What Tatas get in the deal is the full ownership of Air India and Air India Express. It will also own 50% in Air India SATS, the ground-handling arm. Iconic brands Air India, Indian Airlines, the Maharajah will also go the Tatas. Also, 141 aircraft and over 7,000 domestic and international slots are part of the deal.
Union Civil Aviation Minister Jyotiraditya Scindia on Thursday said the disinvestment process of national carrier Air India was on the “right track”.
“The disinvestment process of Air India is on the right track. For this the financial bids should come in by September 15 and after that the next move would be initiated,” he said.
Scindia, who was recently inducted in the Union cabinet, also said a “blueprint” of rules for operating drones had been prepared after discussions with the Defense and Home Ministries.
As in the case of bigger aircraft, flying paths for drones would be set up and people would be allowed to fly drones in specified areas with the help of software, the minister said. Drones would also be registered and their flyers would be issued licenses, he added.
Air services in the country are being democratized under the UDAN project, and efforts are on to achieve the target of putting in place 1,000 airways and 100 airports by 2025, Scindia said.