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Maharashtra govt becomes new owner of iconic Air India building

The Maharashtra government has become the owner of iconic Air India building with the Union government approving transfer of the asset on Thursday. Photograph: Courtesy, Indianhilbilly/Wikimedia......

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

What happens to Air India's Rs 16,000 cr unpaid bills?

The government will transfer about Rs 16,000 crore of unpaid fuel bills and other pending dues that Air India owes to suppliers, to a special purpose vehicle before handing over the loss-making......

Sale of ground-handling arm of Air India next fiscal

The government will start working on selling the ground-handling arm of erstwhile national carrier Air India and the Expression of Interest (EoI) is expected in the next fiscal, an official said.......

'Govt won't own a single share in Air India'

'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.' Photograph: @airindiain/twitter   "Air India......

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