January 22nd, 2022 10:14 PM 0 COMMENTS

Former IAS Officer Vikram Dev Dutt Takes Charge as Chairman and MD of Air India

India’s national carrier, soon awaiting its privatisation, gets a new chairman and managing director. A 1993-batch IAS officer of Arunachal Pradesh, Goa, Mizoram and Union Territory cadre Vikram Dev Dutt took charge as the Chairman and Managing Director (CMD) of Air India. His appointment is in effect from Friday. The Secretary in the Ministry of Civil Aviation, Rajiv Bansal, was at the helm of Air India so far. While replacing... Read More

August 3rd, 2020 6:00 PM 0 COMMENTS

Air India Bids Will Not Extend Beyond August 31: Civil Aviation Minister

Air India has been a blessing in disguise for the Indian government. The airline has been continuously working towards helping stranded passengers reach their destinations in difficult times. Not only this, but the airline is also transporting essential good such as PPE kits and medical supplies to help the medical sector save the lives of people. The recent Vande Bharat Mission is also being streamlined with the biggest contribution of... Read More

July 16th, 2020 6:00 AM 0 COMMENTS

Government Looking Forward to Selling Entire Stake in Air India, Likely to Invite Bids in a Few Weeks

Thew news about Air India’s privatisation has been floating around in the industry for quite some time now. However, there has been no real development in the matter since last time when the government invited bids from the potential buyers to buy a partial stake in the airline, the investors had backed out. But this time, the government is all set to invite fresh bids for the sale of the... Read More

January 16th, 2020 8:01 PM 0 COMMENTS

Air India Privatisation Process Might Not Happen Soon

Despite the continuous efforts, sale of Air India might get an undue bustle again. The government have been planning to privatise the shares of the famous carrier as it has been in debt for a long time. The process of sale started early back in 2018 when the airline has a debt of Rs 60,000 crores, but due to unavoidable reason, the process went down the hill. To finish the... Read More

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