Tata Group 'interested' in Air India

Agencies
December 14, 2020

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New Delhi, Dec 14: Tata Group is seeking to board Air India again after nearly seven decades, with the salt-to-software conglomerate set to participate in the bidding process for the national carrier, sources said on Monday.

The last date for submission of Expression of Interest (EoI) for Air India is Monday.

At present, the Tata group is operating two airlines -- the full service carrier Visatara in association with Singapore and AirAsia India, for which it has collaborated with Malaysian airliners group AirAsia.

The Narendra Modi government has already taken one attempt to privatise Air India in the last three years, which came a cropper. However, the government re-initiated the disinvestment process of Air India early this year.

Sources said Tata Sons is "interested" in acquiring Air India and will meet the government deadline for expressing the same.

The holding and promoter firm of the Tata group companies has, however, not decided as yet whether it will go solo or bid through a partner, the sources said.

When contacted, Tata Sons spokesperson declined to comment.

An AirAsia India spokesperson, in response to a query sent to its Chief Executive Officer Sunil Bhaskaran, refused to comment.

"We would not be responding to the query," said the spokesperson.

A group representing as many as 209 Air India employees have also put in a bid for the national carrier, the airline's Commercial Director Meenakshi Mallik said.

"We submitted the bids today (Monday) morning for acquiring the full (entire 100 per cent stake) company," Mallik, who initiated the employees' participation, told PTI.

Earlier, a section of Air India employees said that they were looking to bid for the airline in partnership with a private equity fund and each employee was asked to contribute Rs 1 lakh towards the bid.

In January this year, the government invited bids for selling 100 per cent of its holding in Air India and its international budget arm Air India Express Ltd and 50 per cent in ground handling joint venture Air India SATS Airport Services Private Ltd.

As per the Air India EoI floated by DIPAM in January, of the airline's total debt of Rs 60,074 crore as of March 31, 2019, the buyer would be required to absorb Rs 23,286.5 crore, while the rest would be transferred to Air India Assets Holding Ltd (AIAHL), a special purpose vehicle.

On December 10, the government said that the interested entities are required to submit the physical bids within 15 days from December 14 -- the last date for submitting EoIs.

The Centre said it will intimate qualified interested bidders (QIBs) of Air India on January 5 next year, instead of the earlier decided date of December 29, 2020.

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News Network
March 18,2025

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New Delhi: Prime Minister Narendra Modi has written a letter to Indian-origin NASA astronaut Sunita Williams, who today began her return journey to Earth from the International Space Station (ISS) after being stranded there for more than nine months.

In a letter dated March 1, which was shared by Union Minister Jitendra Singh on X today, the Prime Minister said he had inquired about the well-being of Ms Williams - who flew to the orbital lab on June 5 last year - when he met President Donald Trump and his predecessor, Joe Biden, during his visits to the United States.

The letter was made public hours after Ms Williams and her colleague, Butch Wilmore, undocked from the ISS for a 17-hour trip back home.

PM Modi recalled that at a meeting with former NASA astronaut Mike Massimino in Delhi this month, her name had come up in their conversation.

"We discussed how proud we are of you and your work. Following this interaction, I could not stop myself from writing to you," PM Modi said.

"1.4 billion Indians have always taken great pride in your achievements. Recent developments have yet again showcased your inspirational fortitude and perseverance," he wrote.

He said her mother, Bonnie Pandya, must be "keenly" awaiting her return.

"I am sure that Late Deepakbhai's blessings are with you as well," the Prime Minister said, referring to her father, Deepak Pandya, who was a resident of his home state, Gujarat, and died in 2020.

PM Modi also said he "fondly" remembers meeting him and her during his visit to the US in 2016.

"Even though you are thousands of miles away, you continue to remain close to our hearts. The people of India are praying for your good health and success in your mission," PM Modi told the 59-year-old astronaut.

"After your return, we are looking forward to seeing you in India. It will be a pleasure for India to host one of its most illustrious daughters," he added.

He also sent his "warm regards" to her husband, Michael Williams.

Sunita Williams and her colleague, Butch Wilmore, flew to the orbital lab on June 5 last year, on what was supposed to be a days-long roundtrip to test out Boeing's Starliner on its first crewed flight.

The spaceship, however, developed propulsion problems and was deemed unfit to fly them back. It instead returned uncrewed.

The two astronauts were then reassigned to the NASA-SpaceX Crew-9 mission, which saw a Dragon spacecraft fly to the ISS in September last year with a team of two -- American astronaut Nick Hague and Roscosmos cosmonaut Aleksandr Gorbunov -- rather than the usual four, to make room for the stranded astronauts.

On Sunday, a relief team -- Crew-10 -- docked with the space station to make the way for Ms Williams and Mr Wilmore's much-awaited homecoming, along with Mr Hague and Mr Gorbunov.

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Agencies
March 19,2025

Kanpur (UP): The Uttar Pradesh Anti-Terrorism Squad on Wednesday arrested an employee of the Kanpur Ordnance Factory for allegedly sharing classified and sensitive information with a Pakistani intelligence operative through social media, according to a statement.

The accused, identified as Kumar Vikas, was employed as a Junior Works Manager at the Kanpur Ordnance Factory, the ATS said in the statement.

He was in contact with a suspected Pakistani agent who used the alias "Neha Sharma", it said. Investigations revealed that Vikas had been sending confidential documents and sensitive data related to ordnance manufacturing, employee attendance sheets, machine layouts, and production charts via WhatsApp.

On March 13, ATS arrested another Ordnance Factory employee, Ravindra Kumar, from Hazratpur, Firozabad, for similar offenses. His interrogation led ATS officials to Vikas, who had also been in contact with the suspected Pakistani agent since January 2025.

Authorities said the Pakistani agent introduced herself as an employee of Bharat Heavy Electricals Limited (BHEL) and initially contacted Vikas on Facebook. They later exchanged mobile numbers and continued their communication on WhatsApp.

To avoid detection, they used the Ludo gaming app for covert conversations, the statement read. Vikas was allegedly lured by financial incentives to pass on classified information, it said.

Kumar Vikas has been taken into custody and further legal proceedings are under way.

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Agencies
March 19,2025

Kanpur (UP): The Uttar Pradesh Anti-Terrorism Squad on Wednesday arrested an employee of the Kanpur Ordnance Factory for allegedly sharing classified and sensitive information with a Pakistani intelligence operative through social media, according to a statement.

The accused, identified as Kumar Vikas, was employed as a Junior Works Manager at the Kanpur Ordnance Factory, the ATS said in the statement.

He was in contact with a suspected Pakistani agent who used the alias "Neha Sharma", it said. Investigations revealed that Vikas had been sending confidential documents and sensitive data related to ordnance manufacturing, employee attendance sheets, machine layouts, and production charts via WhatsApp.

On March 13, ATS arrested another Ordnance Factory employee, Ravindra Kumar, from Hazratpur, Firozabad, for similar offenses. His interrogation led ATS officials to Vikas, who had also been in contact with the suspected Pakistani agent since January 2025.

Authorities said the Pakistani agent introduced herself as an employee of Bharat Heavy Electricals Limited (BHEL) and initially contacted Vikas on Facebook. They later exchanged mobile numbers and continued their communication on WhatsApp.

To avoid detection, they used the Ludo gaming app for covert conversations, the statement read. Vikas was allegedly lured by financial incentives to pass on classified information, it said.

Kumar Vikas has been taken into custody and further legal proceedings are under way.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
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