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Multiple bidders in the race to buy Air India: Govt BySatish NandgaonkarSatish Nandgaonkar / Updated: Dec 15, 2020, 06:00 IST Air India employees and management submit bids. Tata Group and US-based fund Interups Inc are among the ‘multiple’ entities who put in their preliminary bids for buying loss-making carrier Air India on Monday. A group of over 200 Air India employees also submitted an expression of interest (EoI) for the carrier in partnership with Interups at the close of the deadline on Monday. The Air India employees had earlier said they would be participating in the divestment ...

Stocks in Focus on December 15: Kotak Mahindra Bank, HCC, Honda India Power, Air India to Burger King India; here are the 5 Newsmakers of the Day © Provided by Zee Business Key domestic indices managed to end the volatile session with decent gains on Monday, December 14, 2020. S&P BSE Sensex rose 154.45 points or 0.34 per cent to settle at 46,253.46. The NSE Nifty 50 index added 44.30 points or 0.33 per cent to settle at 13,558.15. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Tuesday, December 15, 2020. List of such fiv...

The NRI entrepreneur with a $9 billion cheque. Some of it is for Air India His US-based fund Interups Inc has submitted Expression of Interest for Air India. December 15, 2020 / 05:47 PM IST The government has offered for sale its 100 percent stake in AI and AI Express and the entire 50 percent in ground handling joint venture AI-SATS Laxmi Prasad learnt an important lesson during his stint as a premier agent at Prudential Financial in the US. He had moved to the US after a very successful stint in hometown Hyderabad as a chartered accountant. "At Prudential, our manager used to tell us,...

Tatas, Interups Among "Multiple" Bidders for Air India The Tata Group and US-based Interups Inc. are among other bidders who have expressed interest in buying government stake in Air India. An Air India aircraft. Photo: Reuters Government15/Dec/2020 New Delhi: Salt-to-software conglomerate Tata Group and US-based fund Interups Inc. were among “multiple” entities that put in preliminary bids for buying loss-making carrier Air India, on Monday. A group of 219 Air India employees submitted an expression of interest (EoI) for the carrier, in partnership with Interups at the close of the deadl...

ETMarkets Morning Podcast (ET Online) Nifty to touch 15,000 by Dec 2021? 06:21 Min | December 15, 2020, 9:11 AM IST Here's a head up to some of the news we are tracking at this hour. Tune in! Tags Transcript Hi there! Welcome to ETMarkets Morning, the show about money, business and markets. I am Nandini Sanyal, and here is what we have to start your day. >> Oaktree said to be ahead in final bids for DHFL >> Tatas, many others make bid for Air India >> Sebi set to tweak overseas listing rules AND And there is more. But first, a quick glance at the state of the markets...