Share List TLI Staff New Delhi: The Ministries of Finance and Law have given their concurrence to privatization of another six Airports Authority of India (AAI)-run airports thus paving the way for bidding them out in the next few months. The six airports proposed to be leased out on PPPContinue Reading
Share List TLI Staff New Delhi: Senior Airports Authority of India (AAI) management has assured employee unions that there will not be job loss even as more state-run airports are leased out to private companies. Instead, it will hire manpower to meet the growing need of running the airports beingContinue Reading
Share List TLI Staff New Delhi: The government has maintained that a robust regulatory mechanism would guarantee flying cost does not increase after privatization of airports but the past experience says otherwise. Aviation sector experts contend that there would be massive increase in non-aeronautical charges at privatised airports and asContinue Reading
Share List TLI Staff New Delhi: Pre-empting points of discussion between Prime Minister Narendra Modi and Amazon top boss Jeff Bezos during the latter’s meeting on January 15, local traders’ body Confederation of All India Traders (CAIT) has sought a hearing with the PM before Bezos comes calling. The traders’Continue Reading
Share List TLI Staff New Delhi: The Central and the State GST authorities cannot go after taxpayers and launch parallel enquiries in the same case. While Central Board of Indirect Taxes and Customs (CBIC) had clarified the same in a circular last year, the latest Gujarat High Court order onContinue Reading
Share List TLI Staff New Delhi: In one of the most scathing attack on government’s disinvestment programme, RSS-affiliate Bharatiya Mazdoor Sangh (BMS) has said that pro-privatization lobby has painted the PSUs as inefficient and government think tank Niti Aayog was working merely as an agent to facilitate strategic sale. “Previously,Continue Reading
Share List TLI Staff New Delhi: In what seems a delayed but concerted attempt, the employee unions of sale-bound Air India has urged Prime Minister Narendra Modi to not disinvest the national carrier which has been viewed as a jewel and pride of India. As many as seven unions ofContinue Reading
Share List TLI Staff New Delhi: Amid protests by Airports Authority of India (AAI) employees against leasing out six more airports including Varanasi and Amritsar to private parties, the Civil Aviation Ministry has circulated draft of the Cabinet note for bidding the airports on public-private-partnership (PPP) basis. Official sources saidContinue Reading
Share List TLI Staff New Delhi: After Sidharath Kapur, another senior executive from GMR group who joined airports division of Adani Enterprises has quit. Manish Sinha was Chief Operating Officer (COO) at GMR Hyderabad International Airport Ltd (GHIAL) had joined Adani group as Chief of Ahmedabad airport. Both the twoContinue Reading
Share List TLI Staff New Delhi: Weeks ahead of presenting her second Union Budget and perhaps in the light of the most challenging economic situation, Finance Minister Nirmala Sitharaman is set to kick off stakeholder consultation from Monday. The Minister would meet the top captains of the “New Economy” comprisingContinue Reading