• Home
  • About Us
  • Disclaimer
  • Contact
Sunday, June 26, 2022
News Monks
  • .
  • National
    • All
    • Chennai
    • Dehradun
    • Delhi
    • Goa
    • Gujarat
    • Hyderabad
    • Indor
    • Jammu & Kashmir
    • Kolkata
    • Maharashtra
    • Panjab
    • Rajasthan
    • Tamilnadu
    Gujarat CM felicitates family members of organ donors

    Gujarat CM felicitates family members of organ donors

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    Seagull Advertising the start-up brand launch accelerator of Pune

    Seagull Advertising the start-up brand launch accelerator of Pune

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    Fire Evacuation is a major concern, state Fire Experts; as Vadodara Fire Incidence brings fire risks to the fore

    Fire Evacuation is a major concern, state Fire Experts; as Vadodara Fire Incidence brings fire risks to the fore

    Trending Tags

    • Gujarat CM
    • PM Modi
    • Hotel
    • indian team
    • India
    • Indian Army
    • hotstar
    • Gujarati
    • Modi
    • Mrs India
    • corona
    • Covid-19 Coronavirus
    • Gujarat
    • Maharashtra
    • Delhi
    • Rajasthan
    • Jammu & Kashmir
    • Tamilnadu
  • World
  • BusinessIn Trend
    • All
    • Automobile
    • Aviation
    • E Commerce
    • E-Waste
    • Economy
    • Electronics
    • Fashion
    • Finance
    • Food and Beverage
    • Footware
    • Logistics
    • Real Estaete
    • Share Market
    • Solar Energy
    • Telecom
    • Travel
    Guj CM approves projects of drinking & irrigation water to 135 villages

    Guj CM approves projects of drinking & irrigation water to 135 villages

    Punjab National Bank Celebrates 8th International Yoga Day

    Punjab National Bank Celebrates 8th International Yoga Day

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    CoinSwitch lists 100th coin for its users to invest in Indian Rupees

    CoinSwitch lists 100th coin for its users to invest in Indian Rupees

    Union Bank of India unveils Cyber Security Mascot to create Cyber Security Awareness

    Union Bank of India unveils Cyber Security Mascot to create Cyber Security Awareness

    • Automobile
    • Finance
    • Share Market
  • Entertainment
    • Event
    • Movies
    • Television
  • Politics
  • TechHot
    • All
    • Android Os
    • Apple
    • Laptop
    • Mobile
    • SEO / eMarketing
    • Tablet PC
    • Windows
    Rajeev Butani joins Prodapt’s Board of Directors

    Rajeev Butani joins Prodapt’s Board of Directors

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    Five students across grades shortlisted for an all-inclusive trip to NASA by Aakash+BYJU’S from Anthe 2021

    Five students across grades shortlisted for an all-inclusive trip to NASA by Aakash+BYJU’S from Anthe 2021

    Avtar Partners with Google for the 3rd Consecutive Year

    Avtar Partners with Google for the 3rd Consecutive Year

    SAI International Education Group Hosts E-Summer Fiesta Season 3.0 with a Gamut of Intriguing Activities

    SAI International Education Group Hosts E-Summer Fiesta Season 3.0 with a Gamut of Intriguing Activities

    • Mobile
    • Laptop
    • SEO / eMarketing
  • More
    • Spiritual
    • Health
    • Sports
      • Cricket
No Result
View All Result
  • .
  • National
    • All
    • Chennai
    • Dehradun
    • Delhi
    • Goa
    • Gujarat
    • Hyderabad
    • Indor
    • Jammu & Kashmir
    • Kolkata
    • Maharashtra
    • Panjab
    • Rajasthan
    • Tamilnadu
    Gujarat CM felicitates family members of organ donors

    Gujarat CM felicitates family members of organ donors

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Gujarat CM launches 17th edition of Shala Praveshotsav from Memadpura primary school in Banaskantha

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Blackk & One Sports Foundation organizing Yonex – Sunrise Gujarat State Badminton Championship 2022

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Drishti Issues Advisory for coast of Goa for the Monsoon Months of June to September

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    Prawaas 3.0 – India’s flagship event on Public Transport to be held in Hyderabad from August 4-6

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    NSDL’s Market Ka Eklavya-Express Program reaches over 4,000 students across 75+ cities covering all States of India

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    MG Motor India presents Hector and ZS EV to ITIs in Gujarat to strengthen skill development

    Seagull Advertising the start-up brand launch accelerator of Pune

    Seagull Advertising the start-up brand launch accelerator of Pune

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    GO FIRST announces new direct flights to Kuwait and Muscat from Kochi

    Fire Evacuation is a major concern, state Fire Experts; as Vadodara Fire Incidence brings fire risks to the fore

    Fire Evacuation is a major concern, state Fire Experts; as Vadodara Fire Incidence brings fire risks to the fore

    Trending Tags

    • Gujarat CM
    • PM Modi
    • Hotel
    • indian team
    • India
    • Indian Army
    • hotstar
    • Gujarati
    • Modi
    • Mrs India
    • corona
    • Covid-19 Coronavirus
    • Gujarat
    • Maharashtra
    • Delhi
    • Rajasthan
    • Jammu & Kashmir
    • Tamilnadu
  • World
  • BusinessIn Trend
    • All
    • Automobile
    • Aviation
    • E Commerce
    • E-Waste
    • Economy
    • Electronics
    • Fashion
    • Finance
    • Food and Beverage
    • Footware
    • Logistics
    • Real Estaete
    • Share Market
    • Solar Energy
    • Telecom
    • Travel
    Guj CM approves projects of drinking & irrigation water to 135 villages

    Guj CM approves projects of drinking & irrigation water to 135 villages

    Punjab National Bank Celebrates 8th International Yoga Day

    Punjab National Bank Celebrates 8th International Yoga Day

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    CoinSwitch lists 100th coin for its users to invest in Indian Rupees

    CoinSwitch lists 100th coin for its users to invest in Indian Rupees

    Union Bank of India unveils Cyber Security Mascot to create Cyber Security Awareness

    Union Bank of India unveils Cyber Security Mascot to create Cyber Security Awareness

    • Automobile
    • Finance
    • Share Market
  • Entertainment
    • Event
    • Movies
    • Television
  • Politics
  • TechHot
    • All
    • Android Os
    • Apple
    • Laptop
    • Mobile
    • SEO / eMarketing
    • Tablet PC
    • Windows
    Rajeev Butani joins Prodapt’s Board of Directors

    Rajeev Butani joins Prodapt’s Board of Directors

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    iCreate launches EVangelise’22, India’s largest EV innovation challenge connecting the EV industry to breakthrough innovators

    Five students across grades shortlisted for an all-inclusive trip to NASA by Aakash+BYJU’S from Anthe 2021

    Five students across grades shortlisted for an all-inclusive trip to NASA by Aakash+BYJU’S from Anthe 2021

    Avtar Partners with Google for the 3rd Consecutive Year

    Avtar Partners with Google for the 3rd Consecutive Year

    SAI International Education Group Hosts E-Summer Fiesta Season 3.0 with a Gamut of Intriguing Activities

    SAI International Education Group Hosts E-Summer Fiesta Season 3.0 with a Gamut of Intriguing Activities

    • Mobile
    • Laptop
    • SEO / eMarketing
  • More
    • Spiritual
    • Health
    • Sports
      • Cricket
No Result
View All Result
News Monks
No Result
View All Result
ADVERTISEMENT

Air India will eventually sell, these 3 companies came forward to buy

NewsMonks by NewsMonks
2 years ago
in Aviation, International
2 min read
0
Air India will eventually sell, these 3 companies came forward to buy
7
SHARES
48
VIEWS
Share on WhatsappShare on FacebookShare on Twitter
ADVERTISEMENT

The country’s largest companies are in the running to buy Air India, a central government-owned airline. The salt group software giant Tata Group on Monday submitted an expression of interest to the government to buy debt-ridden Air India. The last date for bidding for Air India is December 14 and the government has not extended the deadline. As the bidding deadline for Air India expires on Monday, it is learned that Adani and Hinduja Group, in addition to the Tata Group, are showing interest in buying Air India.

The central government had in January this year invited bidders to sell its 100 per cent stake in Air India along with Air India Express Limited, a no-frills subsidiary, to Air India STS Airport Services Limited, a 50 per cent stake. The government has extended the intimation date for bidders for Air India to January 5, which was earlier till December 29. This is to announce the names of the shortlisted bidders.

Some media reports have claimed that the Tata Group will use its budget airline joint venture Air Asia to acquire Air India. It is also learned that Tata Group will increase its stake in Air Asia to 76 per cent by the end of 2020-21.

ADVERTISEMENT

In the year 2018, no buyer came forward for an India. At that time, the government had decided to sell 76 per cent stake, but this time the government has talked of selling 100 per cent stake, so some companies are showing interest. It has a debt of Rs 23,286 crore on India.

It is also interesting to note that the Tata Group founded Air India in 1932 under the name Tata Airlines, but Air India was nationalized in 1953 and the Tata Group withdrew from it. After nationalization, the government renamed the airline Air India. As Air India is thus the baby born of the Tata Group, it is believed that once again Air India will be in the hands of the Tata Group. The Rs 8.34 lakh crore Tata Group has issued an expression of interest to buy Air India through Air Asia.

Air India, on the other hand, has formed a group of 209 employees and is preparing to bid for the national airline in partnership with a private financier. Each employee has been asked to raise Rs 1 lakh for bidding. The bidding process is being led by Air India Commercial Director Meenakshi Mallik on behalf of the employees.

Tags: Air India
NewsMonks

NewsMonks

Related Posts

Yoga for Humanity” chosen as theme for 8th edition of International Day of Yoga
Health & Fitness

Yoga for Humanity” chosen as theme for 8th edition of International Day of Yoga

May 30, 2022
Australian High Commissioner Calls On Punjab C M Bhagwant Mann
International

Australian High Commissioner Calls On Punjab C M Bhagwant Mann

May 18, 2022
The Prime Minister of the UK Mr. Boris Johnson on a visit to the world famous Akshardham in Gandhinagar
Business

The Prime Minister of the UK Mr. Boris Johnson on a visit to the world famous Akshardham in Gandhinagar

May 7, 2022

Tags

Acer Agriculture Ahmedabad Airtel amazon Automobile bollywood Business colors Covid 19 Cricket Digpu Economy education Electronics entertainment Environment Fashion finance Food and beverage Government gujarat Health Health and Fitness India International Medical MOBILE Movies National Niti Sejpal "Titli" PayTm Politics samsung science SHAMIM MERCHANT shilpa shah SHILPA Shah Director In-charge HKBBA College Social Sports Technology television VR Darshana Ranpura VR Niti Sejpal VR Sunil Gohil
  • Live
  • Upcoming
  • Ended
Pause Play Play Play
SymbolNameLast Price% Change
BrandPAPA - Your Branding Buddy

Ad.

ADVERTISEMENT

NEWS MONKS

News Monks is the News portal who has great reach with the best seo and social media boosting activities. PR agency can contact on newsmonks@gmail.com for more information.

  • About Us
  • Disclaimer
  • Contact

Scan for Mobile

DMCA.com Protection Status

Live Forex Dashboard: 

Forex Rates by TradingView

Hindi News Portal

English, Hindi & Gujarati Poems

Gujarati News Portal

Facebook  | Linkedin  | Instagram

© 2011 – 2021 NewsMonks –  All rights Reserved. Developed & Owned by MediaHives.com

No Result
View All Result
  • .
  • National
    • Gujarat
    • Maharashtra
    • Delhi
    • Rajasthan
    • Jammu & Kashmir
    • Tamilnadu
  • World
  • Business
    • Automobile
    • Finance
    • Share Market
  • Entertainment
    • Event
    • Movies
    • Television
  • Politics
  • Tech
    • Mobile
    • Laptop
    • SEO / eMarketing
  • More
    • Spiritual
    • Health
    • Sports
      • Cricket

© 2021 All Rights Reserved by Media Hives. Designed by eMobitech Solutions.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In