Government owes Air India ₹498 crore for VVIP charter flights
In 2018, the government had offered to sell its 76 per cent stake in Air India.
(PTI)
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NEW DELHI :
Various government departments owe divestment-bound Air India Ltd nearly ₹500 crore towards VVIP charter flights at a time the national carrier is struggling financially.
Civil aviation minister Hardeep Singh Puri on Wednesday told the Rajya Sabha that the government’s total dues on account of airfares for VVIP flights stood at ₹498.17 crore at the end of 31 December.
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Air India employees interest will be protected, says Hardeep Singh Puri
Union Civil Aviation Minister Hardeep Singh Puri
(Photo: PTI)
. Updated: 03 Feb 2021, 06:30 PM IST PTI
The interest of Air India employees will be safeguarded in accordance with the guidance of the DIPAM, Finance Ministry and same will be reflected in the share purchase agreement to be signed with new owner post disinvestment, aviation minister Hardeep Singh Puri said
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NEW DELHI :
The interest of Air India employees will be safeguarded in accordance with the guidance of the Department of Investment and Public Asset Management, Union Minister Hardeep Singh Puri said on Wednesday.
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Last date for Air India divestment plan nears reports suggest that Tata, Adani and Hinduja Group are interested
Last date for Air India divestment plan nears reports suggest that Tata, Adani and Hinduja Group are interested
Navdeep YadavDec 11, 2020, 12:26 IST
BCCL
Air India’s privatisation plan is entering its last lap. The government has extended the intimation date for qualified interested bidders (QIBs) of
Air India to January 5.
However, the bidders are required to submit their Expressions of Interest (EoI) by December 14; and the physical bids by month-end.
Reports suggest that top conglomerates, from
Tata Group to Adani and even
Hinduja Group are looking to bid for the debt-ridden airline. However, no official announcement has been made as of yet. Air India’s privatisation plan is entering its final lap. The government of India has extended the intimation date for qualified interested bidders (QIBs) for Air India to January 5, from the earlier decided d