Ajay Singh keen on Air India? SpiceJet promoter shows interest in carrier
Air India stake sale: Ajay Singh co-founded SpiceJet in 2005 and then sold it to Kalanithi Maran in 2010. He returned in 2015 to turn around the ailing airline
BusinessToday.In | February 22, 2021 | Updated 16:35 IST
Air India sale: Ajay Singh reportedly interested in carrier
SpiceJet promoter Ajay Singh and two other investors are said to have shown interest in acquiring Air India. Singh is interested in buying 100 per cent in Air India in personal capacity. He is likely to be supported by investors, one of which is a foreign fund.
It is one of the multiple overtures the government has said it has received, as mentioned in a report in The Economic Times. A person in the know told the daily that if the airline goes to this group then it is unlikely that Singh would be the largest shareholder.
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Air India sale: Govt gets a surprise bid for national carrier, who s it?
Pawan Ruia, chairman of Ruia Group has submitted an EoI (expressions of interest) to buy a 100% stake in the embattled national carrier
BusinessToday.In | February 10, 2021 | Updated 20:32 IST
The EoI was submitted under a consortium led by Kanti Commercials Private Ltd, a company associated with the Ruia Group
The government, besides two expressions of interest (EoI) for Air India, has received a surprise bid from Pawan Ruia, chairman of Ruia Group.
The businessman has submitted an EoI to buy a 100% stake in the embattled national carrier. Tata Group and an employees consortium of Air India are other entities that have expressed interest in Air India.
Biz EOD: CAG picks holes in daily fuel pricing system; MeitY coochy-coos Koo
Catch top stories from the world of business and economy with BusinessToday.In s Biz EOD report
BusinessToday.In | February 11, 2021 | Updated 00:59 IST
Top stories from the world of business and economy
Apex auditor Comptroller and Auditor General of India (CAG) has found that the daily pricing system for petrol and diesel has been far from perfect until recently. Hailed to be the Indian alternative to popular social network Twitter, home-grown Koo has gained traction over the last few days. Read for more top stories from the world of business and economy: