Air India's new owner can sack staff

The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.Arindam Majumder reports. IMAGE: Air India's Airbus A321 and Boeing 777-200 LR......

Air India bid: US fund ready with war chest of 'billions'

For the AI bid, Interups has joined hands with a few employees of the airline, and plans to raise funds by splitting some of its infrastructure-related assets into an aviation InvIT, which will......

Tatas, US-based fund among Air India bidders

Salt-to-software conglomerate Tata group and US-based fund Interups Inc were among "multiple" entities who on Monday put in preliminary bids for buying the loss-making carrier Air India. IMAGE:......

Adani group joins race to buy Air India, may submit EoI by March

Apart from the Adani group, the Tata group, the Hinduja group, Indigo and a New York-based fund, Interups, are expected to submit EoIs. The Adani group will join the race to acquire Air India and......