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Govt extends time for bidders to pose queries on Air India sale

After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. The government has extended the time till March 6 for bidders to pose......

How India can become a hub of software products

Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups. Illustration: Uttam Ghosh/Rediff.com The Cabinet on Thursday cleared a policy to make India a......

Ashwani Lohani to take charge as AI chief for second time

It was during his tenure that Air India made its first operating profit of Rs 105 crore in FY17 since the merger of Indian Airlines and Air India in 2007. The government on Wednesday called back......

Govt has prepared revival plan for Air India

Air India has planned to monetise its unutilised and surplus immovable real estate assets over the next few years. The government has prepared a revival plan for Air India that provides for a......

Air India gets govt's nod to sell its ground handling firm

It is Air India’s only profitable subsidiary. In 2016-17, it clocked a profit of over Rs 33.4 crore, earning Rs 620 crore in revenues from its handling operations. The government on Tuesday......

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