Tata could be a natural fit for the airlines, however, even if any other promoter takes over, we can expect the quality of the service to improve
The union minister was in Dubai to launch the annual business expo 2021 to launch the Indian pavilion
Air India has 2,378 international and 4,486 domestic slots across Indian and major international airports.
A communication to department heads stated that the leave encashment liabilities accounted as of September 30, 2021 will be final.
Tata Sons has already received shareholder's nod to raise an additional Rs 40,000 crore as debt from banks and institutions
Indigo carried over 38 lakh passengers for a 57% share in the domestic aviation market
A spokesperson of Tata Sons told a news agency that the company has also submitted its bid for the national carrier.
Tata Group and SpiceJet promoter Ajay Singh are among the frontrunners for the bid
The financial bids should come in by September 15 and after that, the next move would be initiated, says Jyotiraditya Scindia
DIPAM secretary says the government is also drawing up a Rs 6-trillion asset monetisation plan.