CCI clears Tata-Air India deal

Competition Commission has approved Tata Group's proposed acquisition of debt-laden Air India as well as its two subsidiaries. The Rs 18,000 crore-deal that includes the winning bidder Talace......

From 2018 to now, how govt has sweetened AI deal

In an effort to make the Air India disinvestment more attractive, the government has relaxed the bidding norms wherein the net worth of potential bidders has been fixed at Rs 3,500 crore and the......

Revised bidding norms for Air India likely soon

According to officials, more clarity might be required with regard to foreign fund managers in the context of Air India divestment. The government will continue to pursue divestment of debt-laden......

Govt to sell 76% stake in Air India

Ernst & Young LLP India has been appointed as transaction adviser for the strategic divestment process. The government plans to sell 76 per cent stake in Air India, according to the preliminary......