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 2019Air 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 2019Air India is said to be confident of getting fresh equity infusion from govt by 15 August
1 min read31 Jul 2018Analysts say Air India needs to spruce up through a fresh cash injection, cost cuts and non-core asset sales
2 min read20 Jun 2018Sembcorp 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 2018Air 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 2017Blackstone 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 2017Income 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 2017Income Tax department says Cairn Energy made capital gains out of the restructuring, hence the tax demand of Rs10,247
3 min read26 Jun 2017NITI 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 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared