The loss after tax stood at Rs 7,017 crore in the year through 31 March 2021, down from a Rs 7,766 core loss recorded in the previous year
The top two players will control 80% of industry revenue
The reason for the coal crisis and Air India's many challenges: Business Standard explains in top headlines on Thursday.
Aviation experts reckon this could entail a bill of around $40 million for 100 aircraft
Dutta said Air India will be a formidable force under the Tata Group and IndiGo does not take it lightly at all
The unions said employees have been asked to give an undertaking by October 15 that they would vacate the staff quarters
A revamped Alternative Mechanism, the option of closing down the airline and removal of aviation ministry helped seal a deal that had found no takers for years
On the top 100 routes in terms of departures, Tata Group is ahead of its chief rival IndiGo on 30 of them
It's a bold bet by Jhunjhunwala, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Here's all you need to know about the new airline
GMR-run Delhi airport expects hub traffic to surge to 25 per cent in three years as the now cash-strapped Air India will expand its domestic and international network under the stewardship of Tatas
The company will be raising around Rs 15,000 crore as debt from banks to fund Air India acquisition
The airport plans to give terminal 3 exclusively for the Tata group airlines- Air India, Vistara, Air Asia India
Live news updates: Prime Minister Modi will attend a G20 meeting on Afghanistan; unions will honour the farmers who died in Lakhimpur Kheri.
The Tata group currently operates two airlines -- Vistara and AirAsia India
The carrier's sale could pique interest in a number of state-run firms in which the government intends to divest stake.
India may look at increasing tax on some goods and services in a step toward moving to a simpler structure. More on that in our top headlines this morning.
Post signing of agreement, Conditions Precedent will be completed in about eight weeks
In a Q&A, Tuhin Kanta Pandey says govt has started initial investor outreach for the LIC IPO, and investment bankers are working on a strategy
In AGM held in September, shareholders had approved up to Rs 40,000 cr debt raise plans. Of this, the board may clear raising Rs 15,000 crore, says source
Tatas now have to accept the letter of intent, post which the Share Purchase Agreement will be signed