The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......
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......
From 5G to Tesla to Covid vaccine, 10 things will shape India's future. IMAGE: A hairdresser styles a "2021" shave for a client to welcome the New Year at a barbershop in......
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......
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:......
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......