Air India Privatization
#48
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#49
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#50
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#51
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Any business person with half a brain will not touch airlines now, much less AI. The pandemic will result in a massive consolidation with flight crew and aircraft available at significant discounts. AI with its SOE staffing and wage structure together with a few highly leveraged aircraft is hardly an attractive enterprise to be had. Tata is doing fine with Air Asia and Vistara, I dont see them getting into the AI cess pool mess.
#52
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The Tata's have already invested (sunk) a lot of money into 2 airlines. One of them is going to go bust very soon. They would have to be smoking and drinking something very special to think at this time (or at any point of time) AI is something they must invest in.
#53
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#54
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#55
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Even if the govt. is giving them a few large oil refineries it is a losing deal for the Tatas. Running a decent airline can bankrupt any wealthy company, AI could bankrupt Amazon and Apple together.
#56
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i agree completely....it will have to be something that is worth their while for tata to be interested....time will tell....
#57
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Its cannot get crazier... now a group of employees are proposing a management buyout... 51% owned by the employees, who contribute 1 lak each:
https://economictimes.indiatimes.com...w/79541712.cms
🤦♂️🤐
https://economictimes.indiatimes.com...w/79541712.cms
🤦♂️🤐
#58
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Its cannot get crazier... now a group of employees are proposing a management buyout... 51% owned by the employees, who contribute 1 lak each:
https://economictimes.indiatimes.com...w/79541712.cms
🤦♂️🤐
https://economictimes.indiatimes.com...w/79541712.cms
🤦♂️🤐
They won't last a month then...