The Indian government is “in the process” of divesting Air India Engineering Services (AIESL), the former MRO unit of now-privatised Air India, and is preparing to invite expressions of interest “very ...
The privatization of Air India has proved to be a tortuous process, with few investors willing to take on a debt-laden flag carrier riddled with inefficiencies. To sweeten the deal, India’s government ...
Indian engineering firm Tata Technologies reported a 5 per cent rise in second-quarter profit on Friday, as growth in its non-automotive business cushioned weakness in its key auto-focused segment.
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