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Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Govt committed to Air India's strategic disinvestment, says Sinha

The process for selling 76 per cent stake in the airline is over now.

20 Jun 2018 3:58 PM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Revenue collection for April-May capped at Rs 1,27,461 crore

The aforementioned figure comprises Rs 1,02,408 crore tax revenue.

30 Jun 2018 11:04 AM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Govt to pursue Air India stake sale this fiscal

The alternative mechanism headed by the finance minister would decide the future course of action on Air India...

7 Jun 2018 5:58 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India seeks restoration of equity infusion from govt

The loss-making carrier has already received more than Rs 26,000 crore under the bailout package.

4 Jun 2018 12:34 PM IST

Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Govt has no plan to completely exit Air India, says Sinha

As per its audited accounts, the airline's total cumulative losses stood at Rs 47,145.62 crore in financial year...

2 Aug 2018 9:32 AM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Plans afoot to sell 2 Air India subsidiaries

Airline's ground-handling & engineering units may be put on block.

9 Aug 2018 8:57 AM IST

Atal Bihari Vajpayee. (Photo: PTI/File)

Atal Bihari Vajpayee: a bellwether policy reformer of modern India

He was decisive and pursued his reforms agenda with vigour without getting ruffled by criticism.

16 Aug 2018 6:23 PM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

Disinvestment plan to pick pace, 3 rail IPOs to hit market soon

Govt now wants to pack the time between now and Diwali to give a leg-up to its disinvestment programme.

20 Aug 2018 10:57 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India disinvestment will not happen in near future: Govt official

The carrier's debt burden was more than Rs 48,000 crore at the end of March 2017.

29 Aug 2018 7:04 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Govt to set up 'Alternative Mechanism' to expedite strategic...

It will consist of Finance Minister, Road Transport and Highways Minister and Minister of Administrative Department.

16 Aug 2017 7:27 PM IST

In a statement, Air India condemned the incident and said that they will also probe the matter at their end.

'Govt will continue to support Air India during stake sale process'

Air India has drawn up a proposal to offer voluntary retirement scheme to around 15,000 employees.

10 Aug 2017 4:45 PM IST

However, a former executive director of Air India Jitender Bhargava said, it should not be sold cheaply.

Govt to float RFP for merchant bankers over Air India disinvestment

Airline's total debt stood at Rs 48,876.81 crore (provisional figures) at the end of March 2017.

8 Aug 2017 9:39 AM IST