Page 13 - Interups Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

UPDATED: December 14, 2020 18:51 IST Tata Group is likely to submit an expression of interest (EoI) for Air India Limited on Monday. (Photo: PTI/representation) Monday may have brought some cheer at Air India after US-based fund Interups Inc submitted its expression of interest (EOI) in buying the national carrier. In addition, the Tata Group and a group of at least 209 Air India employees have also put in a bid for the national carrier. Chairman of Interups Inc, Laxmi Prasad wrote on social media, "Dear All, wish us good luck - we are submitting our EOI for Air India today - I bet we will be...

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: US based funds agency Interups Inc is set to file an Expression of Interest for Air India on Monday. Interups Inc Chairman Lakshmi Prasad has made official confirmation regarding the same. Prasad said that the bid will be surprising for everyone. As per Zee Media sources Tata Group will also file an Expression of Interest for Air India.Tata group will use Air Asia as a vehicle where Tata Sons has a significant majority stake (51 percent). Interestingly, Hind...

Employee group, Interups Inc to bid for Air India If the planned acquisition of Air India is successful, Interups Inc. along with Air India Ltd would sponsor an aviation infrastructure investment trust to monetize certain assets, according to Laxmi Prasad, chairman of Interups Inc. (ANI) Share Via Read Full Story New Delhi: A section of Air India Ltd's employees along with New York-based company Interups Inc. will be placing an expression of interest (EoI) for the divestment-bound national carrier, ahead of the deadline for the bid on Monday. The bid, jointly made by Interups Inc. and Air In...