Tuesday, 17 May, 2022
TopicAir India disinvestment

Topic: Air India disinvestment

SC right to quash BJP MLAs’ suspension. Don’t undermine Parliament with arbitrary moves

ThePrint view on the most important issues, instantly.

‘Wholly devoid of merit’: Why Delhi HC dismissed Subramanian Swamy’s challenge to Air India sale

Alleging corruption and a threat to ‘national security’, the BJP MP had filed a petition against sale of Air India to the winning bidder, a wholly owned subsidiary of Tata Sons.

‘Feku’ govt has become ‘bechu’, says Akhilesh on Air India sale, talk of PSU disinvestments

Yadav sought to attach the new tag to the government amid the opposition's earlier one losing its shine, seeking to take on the BJP in UP CM Yogi Adityanath's stronghold Gorakhpur.

Air India’s privatisation won’t be affected by Cairn ‘pressure tactics’, govt says

Cairn Energy has sued Air India in the US to recover its $1.2 billion arbitration award. This has raised questions around the stake sale of the national carrier.

Air India takeover bid by staff disqualified, race narrows to a few, including Tata Sons

A group of employees had partnered with a Seychelles-based fund to bid for the loss-making national carrier that has been up for sale since 2017.

Air India employees bid to purchase 51% stake in struggling national carrier

Each employee will have to contribute at least Rs 100,000 to the bid. Air India has been on sale since 2017 when PM Modi’s cabinet allowed to sell all or part of the airline.

BPCL gets multiple bids, but Modi govt set to miss Rs 2.1 lakh crore disinvestment target

Govt has also started process for independent valuation of LIC, which is necessary before the insurance major is listed on the stock markets.

Air India sale rules relaxed further, bidding to be on enterprise value

Aviation Minister Puri and Secretary Kharola said that 15% of Air India's value has to be paid in cash, while the remaining 85% will be taken as debt by the bidder

Sell Air India only to an Indian entity, RSS tells Modi govt

Swadeshi lobbies like Swadeshi Jagran Manch, Bharatiya Mazdoor Sangh and sections within BJP have already opposed Air India sale over national interests.

Air India sale: Congress & Subramanian Swamy right to call Modi govt bankrupt, anti-national?

BJP leader Subramanian Swamy has called the Modi government's plan to sell Air India “anti-national”, while Congress leaders said India is on “brink of bankruptcy”.

On Camera

YourTurn

Congress leader Rahul Gandhi at the party's Nav Sankalp Chintan Shivir in Udaipur, on 15 May 2022 | Twitter/@ANI

Rahul Gandhi must clear his position on Congress leadership. Cintan Shivirs won’t help

If a 137-year-old party is still discussing its foundational ideas and core ideology, and can’t have everyone on board, the road ahead seems rocky.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
×