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Air India’s employee consortium fails to qualify; Tata and Spicejet continue in the race Sarangib While Tata and Spicejet continue in the bidding process for Air India, the consortium of Air India employees that placed an expression of interest (EoI) has failed to qualify for the next round. The government aims to complete the privatisation of the national carrier in the next fiscal. The news of disqualification was given by Meenakshi Mallik, the airline’s commercial director, to Air India employees. Mallik spearheaded the ambitious attempt to take over the state-run carrier. As per...

The  Tata Altroz iTurbo has finally been launched after a considerable wait. The arrival of the turbo-petrol variant has taken place almost a year after Tata launched the Altroz with a turbo-diesel and a naturally aspirated petrol engine. Prices for the iTurbo start from Rs 7.74 lakh and go up to Rs 8.86 lakh (introductory, ex-showroom, India). While Tata offers the standard  turbo-diesel and naturally aspirated petrol Altroz in six trim levels (the XZ+ has been introduced across the range with the launch of the iTurbo), it only offers the iTurbo in three trim levels – XT, XZ, and XZ+...