Share List Nirbhay Kumar The government has stated that multiple expressions of interest (EoIs) have been received for Air India and transaction will now move to the second stage of bidding process. Tata group, little-known Interups Inc and a consortium of 219 employees of the cash-starved national carrier are learntContinue Reading
Share List Parmita Uniyal New Delhi: Even as Tata Group is indecisive over acquiring Air India, the employees of national carrier have firmed up plans to submit their bid. The employee grouping will submit expression of interest (EoI) before the deadline for the initial bid ends on December 14, 2020.Continue Reading
Share List TLI Staff New Delhi: Even as it faces attack from all quarters over privatisation, the Centre has prepared another list of airports for asset monetisation. Civil Aviation Secretary Pradeep Singh Kharola has told a high-level government panel that the Ministry is in the process of identifying additional 6-7Continue Reading
Share List TLI Staff New Delhi: With the role of public sector getting more amplified during the Coronavirus crisis, over half a dozen Airports Authority of India (AAI) unions and associations have made a fervent appeal to Prime Minister Narendra Modi to immediately stop the privatization drive. The employee groupingsContinue Reading
Share List TLI Staff New Delhi: With Coronavirus (Covid-19) pandemic continuing to devastate business and economy and airlines facing survival challenge, the Indian government may have to further delay privatization of national carrier Air India. Moreover, it will have to infuse an additional Rs 3,000 crore to ensure the airlineContinue Reading
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: 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