Air India gets the approval of an Appeals Court in Quebec to challenge the order by the Canadian Court that allowed Devas Multimedia to seize its funds as compensation for a failed 2005 satellite deal with Antrix Corporation, the commercial […]
In response to Air India’s privatisation, Union Minister Jyotiraditya Scindia said that nationalising an airline belonged to the private sector was a 69-year-old mistake. Minister sees Air India disinvestment as a mistake corrected. He gave credit for the success of […]
The Air India privatization transaction has been completed today. The Government of India received a consideration of Rs 2,700 crore from Talace Private Limited, a wholly-owned subsidiary of Tata Sons Pvt Ltd. It is retaining the debt of Rs 15,300 […]
Delhi High Court ordered to dismiss the plea filed by BJP leader Subramanian Swamy against the Air India disinvestment process. The Court found no illegality and arbitrariness in Air India’s sale to Tata Sons, as pointed by the petitioner in […]
