Tag: Aviation ministry

Air India disinvestment to be completed in 2021-22; Rs 3,224 crore allotted to aviation ministry

NEW DELHI: Disinvestment of Air India and Pawan Hans would be completed in 2021-22, Finance Minister Nirmala Sitharaman said on Monday while presenting the Union Budget in which Rs 3,224 crore has been allocated to the Civil Aviation Ministry for the next fiscal year. Air India is currently undergoing disinvestment process. Multiple entities submitted their […]

Prepare FY19 financials as PMO wants quick disinvestment: Aviation ministry asks Air India

NEW DELHI: The civil aviation ministry has told Air India that it should prepare 2018-19 financials for itself and its subsidiaries by end of June as the Prime Minister’s Office (PMO) has decided to speed up the disinvestment process of three of its wings, according to an official document. After a botched attempt to sell […]

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