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Air India Privatisation: Tata Group likely to file Expression of Interest today

Highlights Airline s total debt of Rs 60,074 crore as of March 31, 2019. Buyer would be required to absorb Rs 23,286.5 crore. New Delhi: Tata Group will file an Expression of Interest for Air India on Monday, according to news Agency ANI sources. Tata group will use Air Asia as a vehicle where Tata Sons has a significant majority stake, sources informed, ANI added. As per the Air India EoI floated by DIPAM in January, of the airline s total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286.5 crore, while the rest would be transferred to Air India Assets Holding Ltd (AIAHL), a special purpose vehicle, an IANS report had earlier mentioned.

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Tata group submits an expression of interest for Air India

Tata group submits an expression of interest for Air India
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.

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Air India Sale: Got Multiple Interests, Says Government

Air India Sale: Got Multiple Interests, Says Government
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Air India Employees Partner with US-based Fund to Submit Expression of Interest

Air India Employees Partner with US-based Fund to Submit Expression of Interest
news18.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news18.com Daily Mail and Mail on Sunday newspapers.

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Tata Group likely to bid for Air India after 1953 exit

Tata Group likely to bid for Air India after 1953 exit India Updated: Monday, December 14, 2020, 17:29 [IST] New Delhi, Dec 14: Government-owned Air India is once again on the block, Tata Group is believed to have submitted an expression of interest for the beleaguered national carrier Air India. Representational Image The last date for submission of Expression of Interest (EoI) for Air India is Monday. At present, the Tata group is operating two airlines the full service carrier Visatara in association with Singapore and AirAsia India, for which it has collaborated with Malaysian airliners group AirAsia. The Narendra Modi government has already taken one attempt to privatise Air India in the last three years, which came a cropper. However, the government re-initiated the disinvestment process of Air India early this year.

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