India Assets News

Companies

Air India Assets Holding raises another ₹7,985 crore

A special purpose vehicle of Air India, AIAHL has mopped up a total of ₹21,985 crore by way of bond issues since September 16The civil aviation ministry on Wednesday said the third bond issue of AIAHL was fully subscribed

1 min read17 Oct 2019
Companies

Air India Assets plans ₹22,000 crore bond sale to refinance debt

Air India Assets is aiming to raise ₹22,000 crore ($3.2 billion) and has sought fee bids from bankers on WednesdayOut of the total, the Air India Assets plans to raise ₹14,500 crore through notes that will have a sovereign guarantee

1 min read2 Jul 2019
Companies

Air India commits to clear bank, jet lease dues in 15 days

Air India is said to be confident of getting fresh equity infusion from govt by 15 August

1 min read31 Jul 2018
Companies

Failed Air India sale to swing focus to its asset disposals, cost cuts

Analysts say Air India needs to spruce up through a fresh cash injection, cost cuts and non-core asset sales

2 min read20 Jun 2018
Companies

Sembcorp Industries planning IPO for India unit to raise $500-600 million

Sembcorp India is expected to file its draft IPO papers with Sebi in February, Credit Suisse and Axis Bank are lead investment banks for the share sale

2 min read18 Jan 2018
Companies

Air India to be sold as an integrated airline

Air India's domestic and international operations will be sold together and some of its subsidiaries could also be up for bidding as part of the main airline

2 min read2 Dec 2017
Companies

Blackstone Group puts three land assets for sale

Blackstone Group has appointed EY and Knight Frank to market these land assets, two of which are located in Bengaluru and the third in Chennai

2 min read30 Oct 2017
Industry

I-T dept to attach shares if Cairn doesn’t pay Rs10,395 crore tax

Income tax dept slaps a fresh notice on Cairn Energy seeking to take over the firm's residual 9.8% stake in its erstwhile Indian subsidiary to recover Rs10,395 crore tax dues

2 min read9 Jul 2017
Industry

Cairn Energy taxed Rs10,247 crore for creating subsidiary maze in India

Income Tax department says Cairn Energy made capital gains out of the restructuring, hence the tax demand of Rs10,247

3 min read26 Jun 2017
Companies

Air India privatization: NITI Aayog recommends unbundling airline and its real estate assets

NITI Aayog says before Air India privatization, the airline's domestic and international business, and real estate assets should be delinked and then sold separately

2 min read23 Jun 2017
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