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Spicejet
Business  /  Published 09.10.21

Air India returns to Tata group

The Tatas’ bid was for an enterprise value of Rs 18,000 crore, considerably higher than the SpiceJet chairman Ajay Singh-led consortium’s offer of Rs 15,100 crore. The government had set a...
By Our Special Correspondent

Business  /  Published 08.10.21

Countdown to AI selloff

The race to acquire Air India has entered the final stage with the government likely to announce the winning bid on Friday. The indications are that Tata Sons has outbid its competitor, a consortium ...
By Our Special Correspondent in New Delhi

Business  /  Published 02.10.21

Tatas set to grab Air India

The Tatas look all set to clinch Air India, the state-owned loss-making airline. The capital has been abuzz with talk that a committee of secretaries opted for the Tata bid, preferring it over the one...
By Our Special Correspondent in New Delhi

Business  /  Published 29.09.21

AI bid result next month

The Centre is likely to announce the winning bid for national carrier Air India by the middle of the next month, a senior government official said. The financial bids submitted by Tata Sons through i...
By Our Special Correspondent in New Delhi

Business  /  Published 27.09.21

SpiceJet rolls out new pay system

SpiceJet, which had resorted to hourly-basis pay for pilots amid the pandemic, on Sunday said it has introduced a new “interim fixed salary system” for captains and first officers. The ai...
By PTI in Mumbai, New Delhi

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Business  /  Published 21.09.21

SpiceJet eyes Boeing payout

Low-cost carrier SpiceJet is expected to finalise its compensation deal with Boeing next month. The US-based aircraft manufacturer would compensate SpiceJet for the grounding of the B737 MAX, which w...
By R. Suryamurthy in New Delhi

Business  /  Published 17.09.21

Govt starts AI bid evaluation

The Centre has started the evaluation process of the bid documents for Air India as it looks to complete the exercise by the end of this year. The last date for the financial bids was W...
By Our Special Correspondent in New Delhi

Business  /  Published 16.09.21

Tatas, Singh table bids for AI

The Tatas and SpiceJet promoter Ajay Singh have submitted financial bids to buy troubled national carrier Air India. The last date for submitting the bids was Wednesday. “Financial bids for Air...
By Our Special Correspondent in New Delhi

Business  /  Published 14.09.21

Singh mulls consortium for AI

With just two days left to submit bids for Air India, SpiceJet promoter Ajay Singh is reportedly looking to form a consortium to acquire the national carrier. Apart from Singh, Tata Sons is keen on t...
By Our Bureau in Calcutta

Business  /  Published 18.08.21

SpiceJet set to hive off cargo biz from Oct 1

Budget carrier SpiceJet on Tuesday said it was transferring its cargo and logistics services on a slump sale basis to its subsidiary SpiceXpress and Logistics Private Limited, subject to shareholder a...
By Our Special Correspondent in New Delhi


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