Tag: Air India

• Wednesday, February 15th 2023 - 11:27 UTC

  Huge Air India deal with Airbus provides thousands of jobs for UK companies

  

  The UK Prime Minister Rishi Sunak and Business and Trade Secretary Kemi Badenoch has welcomed a momentous deal for Airbus and Rolls-Royce to provide new aircraft for Air India, which is worth billions of pounds to the UK.

• Tuesday, October 12th 2021 - 14:54 UTC

  Tata Group takes over Air India for US$ 2,4 billion; airline returns to its original founders

  

  The Tata Group is taking over India's flag carrier Air India, following an agreement to pay US$ 2,4 billion. The airline has been losing money at the rate of a billion dollars since 2009, and under the deal Tata will only pay a quarter of the company's total debt.

• Monday, February 5th 2018 - 08:47 UTC

  India industry flexes its muscle in UK: extends a hand to post-Brexit

  

  More than a hundred business leaders, parliamentarians, government representatives, and other influential figures gathered in the British Houses of Parliament for a unique event aimed at highlighting the major success stories of UK-India economic cooperation.