Privatisation

Air India has announced that its maiden batch of cabin crew trainees and pilots since the acquisition by Tata Group, has graduated. The batch comprised of 215 cabin crew and 48 pilots, all of which were Indian nationals. They received their wings following extensive training, and are now cleared to operate as fully-qualified crew.Also Read: Tata Group Announces Merger of Air India and Vistara by March 2024Commenting on the development, Mr. Campbell Wilson, CEO & Managing Director, Air India, said, “We are delighted to…

The Nigerian government has shortlisted 16 firms for the privatisation of five National Integrated Power Projects (NIPPs) in the country, days after it announced the restructuring of five electricity distribution companies. The listed companies are Mota-Engil Nig, Amperion Power, Sifax Energy, Pacific Energy Company Ltd and Globeleq Africa Limited, Geoplex Drillteq Limited, Asfalizo Acquisition Ltd, Launderhill PJB, Lauderhill Tata, Unicorn Power Genco Ltd, Connaught Energy Services Ltd. Others are ENL…

With the central government looking at privatisation of airports, the Tamil Nadu government has taken a policy decision that it should have a share in the revenue realised by the former while transferring the airport.According to the policy note presented by the Tamil Nadu Industries Minister Thangam Thennarasu to the Assembly on Tuesday, the Airports Authority of India (AAI) is actively pursuing the policy of privatisation of airports.“Therefore, a decision has been taken that in the event, the state government acquires…