Bad to Worse?
One issue that dogged the PSBs more than the PVBs was the unresolved issue of NPAs and cleaning up of their balance sheets.
One issue that dogged the PSBs more than the PVBs was the unresolved issue of NPAs and cleaning up of their balance sheets.
All in all, Tata Sons' subsidiary Talace will, among other assets such as human resources, get more 140 aircraft as well as 8 logos. In terms of fleet, Tatas will get Air India's 117 wide-body and narrow body aircraft and Air India Express's 24.
A joint venture between Tatas and Singapore Airlines, Vistara might also look at starting medium and long-haul flights, depending on approvals, amid the grounding of Jet Airways.
The Tatas had formally shown an interest in Air India’s stake sale, Union Minister of State for Civil Aviation Jayant…
The Aditya Birla group has entered the top valuation league with a market cap of over USD 50 billion post…
