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Budget 2021: Air India divestment to be concluded next fiscal

The winning bidder will also get 100% stake in the national carrier s low-cost arm Air India Express and 50% stake in Air India SATS (AISATS), which provides ground handling and cargo services at major domestic airports

The face behind an audacious bid for Air India

The face behind an audacious bid for Air India Meenakshi Mallik has worked at the airline for 31 years. 4 min read Share Via Read Full Story Into the centre of the long-running saga of Air India privatization, an unlikely figure has emerged with the ambition to pilot the airline. Meenakshi Mallik, who serves on the flag carrier’s board as director (commercial) and has worked at the airline for 31 years, is the face behind the employees’ bid to acquire Air India. While she has exuded confidence in a communication to staff who have signed up to be a part of the consortium, the plan is already facing staunch opposition from the company’s pilots, who view the management with suspicion.

Tata trusts get tax tribunal clearance

Tata trusts get tax tribunal clearance The tribunal’s upholding of the original assessment is significant as it sets a precedent for subsequent yearsPremium 2 min read Tribunal rules there is no violation in earlier assessment The tribunal’s upholding of the original assessment for assessment year 2014-15 is significant as it sets a precedent for subsequent years too Share Via Read Full Story A tax tribunal on Monday quashed the income tax department’s orders seeking to revise its earlier assessments for the year ended 31 March 2014 granting tax exemption to three Tata trusts that collectively own two-thirds of Tata Sons Ltd, the holding company of the group.

Meet the woman who wants to pilot Air India (and the pilots opposing her)

Meet the woman who wants to pilot Air India (and the pilots opposing her) Meenakshi Mallik has worked at the airline for 31 years. 5 min read Mallik joined Indian Airlines as a management trainee in 1989 in Kolkata. She studied in Odisha and holds a BSc (Hons.) degree in physics and an MBA from Utkal University. She played a key role in Air India’s Vande Bharat mission Share Via Read Full Story MUMBAI: In the long-running saga of Air India privatisation, an unlikely figure has emerged with an ambition to pilot the carrier. Meenakshi Mallik, who serves on the flag carrier’s board as director (commercial) and has worked at the airline for 31 years, is the face behind the employees bid to acquire Air India. She and 218 other employees have placed an expression of interest (EoI) for the airline, responding to the Preliminary Information Memorandum (PIM) issued by the government.

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