Page 2 - Interups Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Photo Credit: IANS IANSLive New Delhi, April 1 (IANS) New York-based Interups Inc has picked 49 per cent stake in Hyderabad-headquartered Turbo Megha Airways Pvt Ltd operates under the name TruJet. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow IANS at Twitter. Update: 01-April-2021

Tatas, SpiceJet’s founder among few left in Air India race SECTIONS Share Air India employees’ consortia disqualified from bid; Tatas & Ajay Singh among those in race now NEW DELHI: The race for acquiring Air India is fast narrowing down, with the Tata Group and SpiceJet promoter Ajay Singh among the few left in the bid to take over the airline. A section of Air India employees led by the airline’s director (commercial) Meenakshi Mallik has not made it to the list of qualified bidders. “We were informed (by transaction advisor Ernst and Young LLP India) on Sunday that we did not make...

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...

NEW DELHI: The race for acquiring Air India is fast narrowing down, with the Tata Group and SpiceJet promoter Ajay Singh among the few left in the bid to take over the airline. A section of Air India employees led by the airline’s director (commercial) Meenakshi Mallik has not made it to the list of qualified bidders. “We were informed (by transaction advisor Ernst and Young LLP India) on Sunday that we did not make it,” Mallik told TOI on Monday. AI founder Tatas are seen as most likely to re-acquire it, being the only financially strong player in the fray.

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 ...