Once the due diligence is complete, a financial bid will be submitted and a deal to take over the airline is likely to fructify by end of this year or even earlier. Tata Sons has started the......
The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer......
Tata Sons said on Monday it is ‘hopeful’ of getting government approvals for the proposed full service airline in collaboration with Singapore Airlines. "I think there is a process. . .......
Most airlines have fattened their profits, turned the corner, or cut their losses, except AirAsia India. On Monday, Tata Sons announced that it will raise its stake in AirAsia India to 49 per cent......
Re-rating of Bharat Petroleum Corporation, Container Corporation, Shipping Corporation, SAIL, and Hindustan Copper, for which the government has already shown intent to divest its stake, possible......