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Tata Sons flies in consultants for due diligence on Air India
Tata Sons is keen on buying distressed national carrier Air India – and has roped in consultancies Bain & Company and Seabury Group to carry out pre-deal due diligence on the airline.
21 July 2021
Grant Thornton welcomes restructuring milestone for Jet Airways
Jet Airways might be airborne again by the end of this year – two years after experts from Grant Thornton were appointed as resolution professionals for the airline’s restructuring efforts.
08 July 2021
New legal and advisory professionals board Jet's insolvency proceedings
As efforts continue to rescue Jet Airways’ financial situation, a new resolution professional (RP) from professional services firm Grant Thornton has been called upon to help with the process, while
17 July 2019
EY to help release expression of interest to accelerate Air India divestment
Global professional services firm EY remains in charge of the divestment process for Indian public sector airline Air India, and the firm’s latest task is to prepare and expression of interest as soo
28 May 2019
EY selected to conduct audit on Jet Airways for creditors consortium
As Jet Airways continues its efforts to stabilise its financial situation, creditors to the airline – led by the State Bank of India – are set to appoint global professional services firm EY as the a
04 April 2019
Alvarez & Marsal to conduct due diligence on Jet Airways for Etihad
Following a period of sustained financial trouble, India’s second largest airline Jet Airways may be rescued by Abu Dhabi based Etihad airways, a scenario that is contingent on the results of due dil
29 January 2019
McKinsey and BCG to help Jet Airways cut costs and boost revenues
India;s second largest airline company Jet Airways has enlisted the services of global management consultancy McKinsey & Company to help contend with falling stock value.
06 December 2018
Wipro named top quality strategic supplier by automotive group Visteon
Indian IT services giant Wipro has been recognised as one of the best suppliers in terms of quality and service by global cockpit electronics firm Visteon Corporation.
16 November 2018
PwC submits first Jewar airport plans for legal and regulatory approval
Having been appointed earlier this year for support with plans for the new Jewar airport in New Delhi, global professional services firm PwC has now submitted its initial concessionaire agreement to
30 October 2018
TCS wins five-year contract extension with Virgin Atlantic
After nearly 15 years of successful collaboration, Indian consultancy firm Tata Consultancy Services (TCS) and British airline company Virgin Atlantic Airlines have extended their partnership by anot
09 March 2018
PwC to assist with construction of new airport for Delhi
Global professional services firm PwC has been appointed by the State Government of Uttar Pradesh (UP) in India to assist with the acceleration and completion of the new Jewar airport.
05 January 2018
Indian defence spending amongst four largest armies in the world
The Indian army has emerged as one of the top four spending armies across the world, according to a new study by a consultancy.
11 December 2017
TCS supports Malaysian Airlines with overhaul of IT architecture
Marking a significant step towards cloud-based operations in the airline industry, Malaysian Airlines (MA) has completed a 100% migration to a cloud platform, becoming the first airline to do so.
13 November 2017
EY, Rothschild and Cyril Amarchand advise on Air India divestment
Having grappled with enormous debt for a decade now, the Government of India (GOI) made the decision earlier this year to begin the divestment of the public sector airline company Air India.
07 November 2017
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