Air India Stake Sale
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Coronavirus Outbreak: Govt may further extend 30 April deadline to bid for Air India stake sale
•The government is likely to extend the 30 April deadline to bid for Air India as the COVID-19 fallout has disrupted economic activities globally, an official has said
Air India sale: Govt extends deadline to bid for cash-strapped national carrier till 30 April
•The government on Friday extended the deadline for submitting bids for buying 100 percent stake in Air India till 30 April
Air India stake sale: Govt may extend deadline for submitting bids for debt-laden national carrier
•The government is likely to extend the 17 March deadline for submitting bids to buy 100 percent stake in Air India and the Home Minister led inter-ministerial panel will later this week decide on the new date
Air India stake sale: Adani Group mulls bidding for ailing national carrier; scrutinises bid documents
•Billionaire Gautam Adani's energy and infrastructure conglomerate is considering bidding to buy Air India and is pouring into bid documents before finalising a plan, sources said
Air India privatisation: Govt extends time till 6 March for bidders to pose queries on stake sale in national carrier
•The government has extended the time till 6 March for bidders to pose additional queries regarding sale of its 100 percent stake in Air India
Air India stake sale: Tata Sons chief N Chandrasekaran say it's too early to take a call on bid for national airline
Fp Staff •The Central government last month issued a preliminary information memorandum (PIM), initiating the process to divest its entire stake in Air India
Air India sale: Emirates not interested in buying stake in national carrier, says report; Dubai-based airline focused on organic growth
Fp Staff •In 2018, the government had tried to sell a 76 percent stake in Air India and offload about $5.1 billion of its debt, terms that potential buyers at the time viewed as too onerous.
Air India sale: Govt's proposed deal to sell national airline sweeter than expected; buyer can recover investment, say analysts
Fp Staff •Given the number of aircraft owned by Air India and its low-cost subsidiary Air India Express, a buyer can recover a major portion of the investment by adopting sale and lease back of airplanes
Air India sale: Govt to sell 100% stake in national carrier with 17 March deadline for EoI submissions; all eyes on suitors
Fp Staff •While many industry veterans are bullish on investor interest for Air India, some of the sector experts said that it may not be easy given the current business environment globally.
Air India trade unions to demand VRS package in second meeting with Hardeep Singh Puri today
•Air India's net loss in 2018-19 was around Rs 8,556 crore. Moreover, its per day losses are estimated to be in the range of Rs 20-26 crore, along with a debt of around Rs 80,000 crore