Rajiv Bansal to pilot debt-ridden Air India for second time
The Appointments Committee of the Cabinet has approved his appointment as chairman & managing director, Air India in the rank and pay of additional secretary, the order said, without mentioning further details. The post became vacant after incumbent Ashwani Lohani completed his tenure.
EV Motors India appoints Arvind Gujral as CEO, EV charging infrastructure
In his new role as Chief Executive Officer, Arvind Gujral will supp...
Air India pilots union sounds caution on Wuhan evacuation flights
In a letter to Air India chief Ashwani Lohani, the Indian Pilots' Guild (IP...
Buy Berger Paints (India), price target Rs 600: Kunal Bothra
The analyst suggested a stoploss at Rs 573 .
Air India to set up internal panel to address privatisation-related issues of employees: Source
At a meeting between the minister and representatives of over a dozen Air India unions in New Delhi on Monday, the minister also "assured" the employees of full payment of their arrears, according to the source.
'Rumours' of Air India's shutdown baseless: CMD Ashwani Lohani
"Rumours regarding Air India shutting down or closing operations are all baseless," Lohani said in a tweet.
Will ensure disinvestment-bound Air India keeps operating uninterruptedly: Aviation Ministry
In December, Air India chief told the ministry that the carrier's financial situation was "grossly untenable" for sustaining operations. Thus, the ministry asserted on Twitter,"MoCA reiterates that the Government, while going ahead with the disinvestment, would ensure that Air India continues to operate uninterruptedly and improves its operations also."
Air India assures travel agents it isn't shutting down
The reactions follow a visit by aviation minister Hardeep Singh Puri to the national carrier’s employee unions wherein he made a case for urgent privatisation as the only way forward as fears of a shutdown loom large.“...these rumours and baseless and without an iota of truth,” Meenakshi Mallik, director commercial at the state-run carrier wrote in the letter to agents.
Anand Rathi reiterates buy on Titan Company, target price Rs 1,528
The structural growth story led by consumer shift towards organised players, strong brand, growing store network, focus on wedding jewellery and expected gains from implementation of Hallmarking is intact.
Air India will keep on running till it is privatised: Aviation minister
"Air India is running. Air India will keep on running. But Air India has to be privatised because it is incurring a daily loss of Rs 20-26 crore. This is taxpayer's money that can be more profitably spent," Aviation Minister told reporters. While disinvestment-bound Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.
1984 massacres could have been avoided if Narasimha Rao had listened to Gujral: Manmohan Singh
Former Prime Minister Manmohan Singh on Wednesday said that Inder Kumar Gujral's advice to then home minister Narsimha Rao would have preven...
Air India sale: Roadshows abroad get tepid response
Roadshows held to ascertain investor interest for the debt-laden carrier, received a lukewarm response.
Buy Titan, price target Rs 1,325: Edelweiss
The analyst suggested a stoploss at Rs 1250.
Air India needs to survive till it is sold, says Lohani as airline runs almost out of funds
The airline had on Monday asked the govt for an immediate sovereign guarantee to raise Rs 2,400 cr loan.
Buy Berger Paints, price target Rs 595: CK Narayan
The analyst suggested a stoploss at Rs 575.
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