Tuesday, 18 January, 2022
TopicAir India sale

Topic: Air India sale

From challenge to a challenger – Why Air India’s new journey has a lot flying on it

Air India had ceased to be an option for many fliers. But with its return to the Tata Group, there are high hopes and a threat for IndiGo, SpiceJet and other players.

BJP national executive expands but exclusion of outspoken leaders shows no space for dissent

ThePrint view on the most important issues, instantly.

Now Devas wants to seize Air India’s assets in the US to enforce $1.2 bn arbitration award

Calling Air India an 'alter ego' of the Indian state & therefore liable for sovereign’s debts, Devas filed plea in New York asking the airline to pay the amount or forfeit its US property.

Govt receives ‘multiple bids’ for Air India, Tatas and airline’s employees among bidders

The interest from investors comes after the government significantly sweetened the deal from its first attempt to sell Air India in 2018.

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

On Camera

YourTurn

OP Nayyar

O.P. Nayyar, the untrained musical genius who was more than just a hit machine

O.P. Nayyar was considered the biggest threat to Shankar-Jaikishan by the late 1950s. And though he and Lata Mangeshkar admired each other, they never collaborated.
President Xi Jingping addressing a meeting

Nations must secure global supply chains, prevent inflation shocks: Xi Jinping at WEF

In his 3rd address to World Economic Forum, Chinese President Xi Jinping said 'we need to resolve various risks and promote the steady recovery of the world economy'.

Defence

HAL likely to be in fray for Navy’s NUHs after defence ministry junks Coast Guard chopper deal

Last week, the Defence Acquisition Council scrapped the Coast Guard programme to buy 14 twin-engine helicopters under Buy Global category. Other projects under review now.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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