Oct 11, 2021 11:45 AM IST
In the past, Air India had been the most aggressive in price wars because of government and taxpayer backing. Now, the Tatas are likely to take a more prudent approach to pricing.
- Oct 11, 2021 10:43 AM IST
Alliance Air, a fully-owned subsidiary of Air India, was not a part of the privatisation process and has a fleet of 18 ATR 72-600 aircraft.
- Oct 10, 2021 10:52 AM IST
Despite a raft of huge problems, Air India offers huge scope for cost reduction and revenue enhancement and eventually turn in profits.
- Oct 10, 2021 08:10 AM IST
Tata Sons will retake Air India - the airline it founded nearly 90 years back - as the government accepted its winning bid of Rs 18,000 crore to acquire 100 percent of the debt-laden state-run carrier.
- Oct 09, 2021 03:11 PM IST
An Insider’s account of the turning points and financial details of the big-bang privatisation move.
- Oct 09, 2021 02:21 PM IST
Air India is still a much-loved brand with immense value, and the Tatas have a loaded war-chest. However, for things to turnaround and look bright, the right people need to be appointed and quick decisions need to be made
- Oct 09, 2021 11:08 AM IST
Thinning down of Air India’s muster rolls, without too much pain, in the quickest possible time through a well-structured VRS scheme along with natural attrition will be key to the revival plan
- Oct 09, 2021 09:26 AM IST
It is in getting the product and its positioning right that the new owners will face their biggest challenge.
- Oct 08, 2021 09:24 PM IST
The Tata’s will pay Rs 18,000 crore to the government. The reserve price was fixed at Rs 12,906 crore.
- Oct 04, 2021 06:53 PM IST
The government doesn’t want any legal hitches to hinder the sale of the national carrier, which is said to be in the closing stages.
- Oct 04, 2021 07:33 AM IST
The empowered group of ministers led by Amit Shah, is known as the Air India-Specfic Alternative Mechanism (AISAM) and also includes Nirmala Sitharaman, Piyush Goyal and Jyotiraditya Scindia.
- Oct 01, 2021 12:33 PM IST
The combined fleet of the Tata group and Air India will have 224 aircraft. IndiGo, with its 260-plus aircraft, dominates the domestic scene. The Tata group might assume leadership on the international front. However, what really matters is the bottomline.
- Sep 30, 2021 10:32 AM IST
Mircea Raianu’s Tata: The Global Corporation that Built Indian Capitalism records a face-off between the two business houses. Here is the excerpt.
- Sep 27, 2021 12:46 PM IST
Besides creating thousands of jobs, the Airbus-Tata joint venture will encourage micro, small and medium enterprises (MSMEs) to make aircraft parts and spares, helping develop a robust aerospace ecosystem in the subcontinent
- Sep 24, 2021 12:37 PM IST
Under the deal, 40 of the 56 planes will be manufactured in India by a consortium of the Airbus Defence and Space and Tata Advanced Systems Limited (TASL) within 10 years of signing the contract.
- Jul 16, 2021 12:28 PM IST
Two US-based funds are expected to join Ajay Singh's effort. Singh will likely raise $300 million by offloading his stake in SpiceJet’s cargo unit
- Jul 05, 2021 07:50 AM IST
The meeting was organised by the consumer affairs ministry and the government's investment promotion arm, Invest India. Many executives expressed concerns and confusion over the proposed rules and asked that the July 6 deadline for submitting comments be extended, Reuters reported quoting officials.
- Jul 03, 2021 10:45 PM IST
The government’s tough new e-commerce rules announced on June 21 aimed at strengthening protection for consumers, caused concern among the country’s online retailers, notably market leaders Amazon and Walmart Inc’s Flipkart.
- Jun 03, 2021 10:48 AM IST
The Central government is looking to attract investments worth Rs 45,000 crores.
- Jun 02, 2021 07:32 AM IST
Indian banks have bucked the global sector trend, recording a cumulative brand value growth of 8% year-on-year.
- Jun 01, 2021 12:47 PM IST
Tata Trusts likely to consider Pramit Jhaveri, former CEO of Citi India and Tata Group’s Noel Tata as nominees on the board of Tata Sons as positions get vacated at the board of the holding company of Tata Group firms. The board is likely to decide on the appointments in the next few weeks.
- May 28, 2021 12:57 PM IST
The stake was bought by Tata Digital Ltd., a unit of Tata Sons. Tata on Friday declined to give further details on the deal. BigBasket did not immediately respond to a Reuters request for comment.
- May 07, 2021 12:10 PM IST
Ace investor Rakesh Jhunjhunwala has made some significant changes to his stocks portfolio. Watch this video to more about the churn in the Big Bull's holdings at the end of March 2021 quarter.
- May 07, 2021 11:59 AM IST
The auto major noted that it would offer protection from the price increase to customers who have booked vehicles on or before May 7.
- May 06, 2021 11:29 AM IST
A successful match between Qatar Air and Tatas would have caused issues for Air India's Star Alliance membership