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Air India disinvestment, delayed by Covid impact, will be completed in 2021, says Hardeep Singh Puri

Air India disinvestment, delayed by Covid impact, will be completed in 2021, says Hardeep Singh Puri
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Air India disinvestment, delayed by Covid impact, will be completed in 2021, says Hardeep Singh Puri
ANI / Jun 4, 2021, 09:45 IST
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NEW DELHI: Union civil aviation minister Hardeep Singh Puri on Friday said that that the disinvestment process of Air India is getting delayed due to the second wave of the Covid pandemic and assured that the disinvestment process will happen in this year.
Air India is getting disinvested. It will take some time due to the pandemic. I want to assure you that it (AI Disinvestment) will happen in this year, the Union minister told ANI. ....

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Five senior pilots of Air India died in May due to Covid | India News

India News: Five senior pilots of Air India have died in May due to Covid-19, senior officials said on Thursday, adding that the carrier has started vaccinating i ....

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Air India news: High court quashes Air India's decision terminating pilots, orders reinstatement

NEW DELHI: Coming to the aid of all Air India pilots whose services were terminated, including the contractual ones, the Delhi high court on Tuesday quashed the national carrier s decision of last year and directed their reinstatement.
The direction was issued by Justice Jyoti Singh who also ordered that back wages would have to be paid to the reinstated pilots.
The court also said that extension of contract, in the future, of the contractual pilots would be at the discretion of Air India in view of their satisfactory performance.
The court said the detailed judgement would be available only on Wednesday. ....

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Bat forces Air India flight to return to Delhi after take off

India Business News: A bat decided to hitch a free ride onboard an Air India flight to Newark, which had the pilots return to land back into Delhi about two hours after ta ....

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Air India looking to hire CEOs for its subsidiaries : Bulletin: Business Today

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Air India looking to hire CEOs for its subsidiaries
National carrier Air India has sought applications for the post of chief executive officer (CEO) for its subsidiaries Air India Engineering Services Ltd (AIESL), Air India Airport Services Ltd (AIASL) and Alliance Air Aviation Ltd (AAAL). The selected candidates will be hired for a contract period of three years, extendable by two years based on performance.
Flipkart to take over Cleartrip in distress sale
Flipkart will acquire embattled travel and booking platform Cleartrip, one of the oldest Indian players in the segment. This will be the latest addition to the list of acquisitions by the Walmart-owned Indian e-commerce major in various sectors. The deal is likely to be a mix of cash and equity and will see Cleartrip valued at $40 million. ....

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