Page 3 - ப்ரிலிமிநரீ தகவல் மெமோராண்டம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Only Tata, Spicejet now in the fray for Air India

By siliconindia | Monday, 08 March 2021, 04:43 Hrs Only the Tata Group and private airline Spicejet remain in the fray for buying Air India as all the other bids have been rejected, according to sources close to the development. The bids have been rejected after the evaluation of the expressions of interest (EoI) where multiple bids were received. The transaction advisors have been in touch with the interested bidders regarding several queries and the qualified bidders will be intimated only after the government is satisfied with the responses from the bidders. Apart from Tata Sons and Spicejet, Tata Sons and the New York-based Interups Inc backed by strategic NRI investors from the US and Europe are said to be the interested bidders for the national carrier.

Pavan ruiaTuhin kanta pandeyInterups incAir indiaTata groupTata sonsNew york based interups incPreliminary information memorandumFalcon tyresPrivate airlineRemain in the frayFor buying air indiaAll the other bids rejectedபவன் ருய்யாதுஹின் காந்தா பாண்டேஅேக இந்தியா

Tata Sons, Spicejet in the race for Air India, after employees consortium was disqualified

Tata Sons, Spicejet in the race for Air India, after employees’ consortium was disqualified IANS According to news reports, Air India’s divestment advisors have rejected other bids, and only the Tatas and India’s largest cargo operator Spicejet remain in the fray for buying the cash-strapped flag carrier. A group of 209 employees of Air India had also put in a bid. And while confirming the news, Air India’s Commercial Director Meenakshi Malik told Moneycontrol that the consortium hadn t made it to the next round of divestment. Media reports further indicated that Essar, Pawan Ruia of Dunlop and Falcon Tyres had also put in bids for Air India however, the bids have been rejected.After the consortium of Air India employees backed by NRI businessman Laxmi Prasad and his New York-based Interups Fund was disqualified only the Tata Group and India’s largest cargo operator Spicejet remain in the fray for buying the cash-strapped Air India, according to news reports.

Pawan ruiaPavan ruiaLaxmi prasadMeenakshi malikIndia limitedGovernment of india ernst youngAir indiaTata groupInterups fundCommercial director meenakshi malikFalcon tyresNew york based interups fundDisinvestment acquisitionPreliminary information memorandumAir india limitedTata buying air india news

AI employees consortium disqualified from privatisation bid

AI employees consortium disqualified from privatisation bid Updated: Updated: March 08, 2021 16:28 IST A group of 200 employees had submitted an expression of interest in partnership with a fund based in Seychelles Share Article AAA A group of 200 employees had submitted an expression of interest in partnership with a fund based in Seychelles The Air India employees consortium has been disqualified from the bidding process for privatisation of the national carrier, according to an internal mail. Transaction Advisor Ernst and Young wrote to the employees’ grouping on Sunday informing it of the decision, “The EOI (expression of interest) and the supporting documents submitted by you have been duly evaluated and have been found to not fulfil the eligibility requirements set out in the Preliminary Information Memorandum issued in respect of the strategic disinvestment of Air India Limited (AI) and is liable for disqualification.”

India limitedAir indiaAdvisor ernstPreliminary information memorandumAir india limitedAir india employeesAi employees consortiumஇந்தியா வரையறுக்கப்பட்டவைஅேக இந்தியாப்ரிலிமிநரீ தகவல் மெமோராண்டம்அேக இந்தியா வரையறுக்கப்பட்டவைஅேக இந்தியா ஊழியர்கள்ஐ ஊழியர்கள் கூட்டமைப்பு

Seychelles fund proves to be Achilles heel for AI employees as bid gets rejected

Seychelles fund proves to be Achilles heel for AI employees as bid gets rejected
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

New delhiRepublic of seychellesMeenakshi malikAir indiaErnst youngPreliminary information memorandumAir india limitedபுதியது டெல்ஹிகுடியரசு ஆஃப் சீஷெல்ஸ்மீனாட்சி மாலிக்அேக இந்தியாஎர்னிஸ்ட இளம்ப்ரிலிமிநரீ தகவல் மெமோராண்டம்அேக இந்தியா வரையறுக்கப்பட்டவை

Only Tata, Spicejet now in the fray for Air India - INDIA New England News

Only Tata, Spicejet now in the fray for Air India - INDIA New England News
indianewengland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indianewengland.com Daily Mail and Mail on Sunday newspapers.

New delhiPavan ruiaTuhin kanta pandeyInterups incAir indiaTata groupFile photoTata sonsNew york based interups incPreliminary information memorandumFalcon tyresபுதியது டெல்ஹிபவன் ருய்யாதுஹின் காந்தா பாண்டேஅேக இந்தியாடாடா குழு