Government paying Rs 20 crore daily on Air India, wants quick handover: DIPAM Secretary
NEW DELHI: Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM Secretary Tuhin Kanta Pandey said what Tata […]
Work to monetise Alliance Air, 3 other Air India subsidiaries to start: DIPAM Secretary
NEW DELHI: After the historic Air India privatisation, the government will now start work on monetising its four other subsidiaries, including Alliance Air, and over Rs 14,700 crore worth non-core assets like land and building, DIPAM Secretary Tuhin Kanta Pandey said. The government on October 8 had announced that salt-to-software conglomerate Tatas have won the […]