Financial bids for Air India by September 15: Govt

Financial bids for Air India by September 15: Govt

Earlier, the buyer was required to take over as much as Rs 23,286 crore of the airline's total debt of over Rs 60,000 crore (as on March 31, 2019), the government was supposed to absorb the rest. Financial bids for the sale of the government’s entire stake in the state-owned carrier Air India are likely to be in by September 15, Parliament was informed on Thursday.

Read more at 
The Financial Express

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