18
Saturday
September 2021
4:07 AM IST
News Headlines
Sachin stuns World Championships medallist Gaurav Bidhuri        Sensex, Nifty snap winning streak, end in red        Rahul attacks BJP govt over unemployment issue        International community must think carefully, consult before giving acceptance to new Kabul regime: PM Modi        Kerala to allot 36.84 acres land to TCS, aims to create 10,000 jobs        GST Council relief for Covid drugs, plan to include petrol, diesel in GST net off the table        Vishal Bhardwaj, Netflix come together for their upcoming spy thriller Khufiya        Kohli to step down as T20I captain after T20 WC, will continue as ODI & Test skipper        Bringing diesel, petrol in GST may be discussed in Council meeting, also on agenda is taxing Swiggy, Zomato        Australia, UK, US announce new partnership 'AUKUS'; to help Canberra acquire nuclear-powered subs        Six states including UP, Delhi and Haryana report dengue outbreak: Govt        PDP leader Poonthura Siraj passes away        Delhi-Katra road journey to be reduced to 6 hours: Gadkari        HC grants anticipatory bail to Punjabi singer Gurdas Maan        IPL 2021: Spectators to be allowed in 'reduced capacity' as league resumes in UAE        PepsiCo set up food plant in Mathura        Female footballers from Afghanistan flee to Pakistan to escape Taliban        Rajya Sabha MP Suresh Gopi courts controversy        Defence Minister invites US companies to invest in India        Right time for ‘take off’ on CIS- India relationship: Jyotiraditya Scindia        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
Air India sold its 115 properties for Rs 738 crore since 2015: Govt
 
New Delhi: Air India has sold its 115 properties for Rs 738 crore since 2015 to offset its debt, Minister of State for Civil Aviation V K Singh said on Thursday.

According to the decision of Air India Specific Alternative Mechanism (AISAM) in 2018, disinvestment-bound Air India has been monetising its immovable assets to offset its debt. The carrier had a debt of around Rs 60,000 crore as on March 2019.

In his written reply to a question in Lok Sabha, Singh said on Thursday, "Air India has identified 111 parcels of properties for monetization; out of which 106 parcels of properties are in India and the rest five are overseas properties."

The 111 parcels of properties consist of 211 units, which are under monetization, he added.

Singh said, "Air India has so far received Rs 738 crore from sale of 115 units from 2015 to 12th July, 2021. Air India also realises about Rs 100 crore per annum from lease rental income." The Centre is currently in the process of selling Air India.

Financial bids for the carrier are likely to be received from qualified interested bidders by September 15.


Sensex, Nifty snap winning streak, end in red
Bringing diesel, petrol in GST may be discussed in Council meeting, also on agenda is taxing Swiggy, Zomato
PepsiCo set up food plant in Mathura
Without GST documents Arecanut transporting vehicles seized
Wipro and First Horizon Bank forge a cloud-based fintech future for virtualBank
Mahindra XUV700 makes a pitstop in Bengaluru
India's industrial production grew 11.5 per cent in July on low base, recovery
FADA expresses shock over Ford India's announcement to stop manufacturing vehicles in India
FICCI, PHDCCI welcome PLI for textile sector
Domestic air passenger traffic up 31% at 66 lakh in Aug on higher capacity deployment: ICRA
Jio completes 5 yrs of operations; tech world congratulates
Hero MotoCorp and Harley-Davidson expand customer touch points, open bookings for next lot of ‘Pan America 1250’ adventure bike
Rupee inches 3 paise higher to 73.03 against US dollar in early trade
HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore
M Suresh takes over as Member (Air Navigation Services) at AAI
Tata Motors launches Tigor EV with price starting at Rs 11.99 lakh
Google removes 95,680 content pieces in July in India: Compliance report
Maruti Suzuki announces hike in car prices from September citing high input costs
Asian stocks mixed ahead of possible Fed guidance
Apple loosens app store payment rules in lawsuit settlement
KERALA NEWS
Kerala to allot 36.84 acres land to TCS, aims to create 10,000 jobs
 Thiruvananthapuram, Kerala government will allot 36.84 acres of land to Tata Consultancy Services (T  
PDP leader Poonthura Siraj passes away
Rajya Sabha MP Suresh Gopi courts controversy
'Stronger Academia-Industry collaboration needed in space sector'
INTERNATIONAL NEWS
International community must think carefully, consult before giving acceptance to new Kabul regime: PM Modi
 Dushanbe/New Delhi, The global community must think carefully and hold consultations with each other
Australia, UK, US announce new partnership 'AUKUS'; to help Canberra acquire nuclear-powered subs
Female footballers from Afghanistan flee to Pakistan to escape Taliban
Pakistan harboured Taliban, Haqqanis, has interests in Afghanistan in clear conflict with America's: Blinken
NATIONAL NEWS
Rahul attacks BJP govt over unemployment issue
 New Delhi, Congress leader Rahul Gandhi on Friday took a dig at the BJP-led government in the Centre
Six states including UP, Delhi and Haryana report dengue outbreak: Govt
Right time for ‘take off’ on CIS- India relationship: Jyotiraditya Scindia
Cong attacks Yogi govt on year of Hathras incident
Untitled Page
Rashtra Deepika LTD
Copyright @ 2021 , Rashtra Deepika Ltd.