Financial bids received for Air India disinvestment; Tatas among suitors

Financial bids received for Air India disinvestment; Tatas among suitors

The government on September 15 said it has received multiple financial bids for buying national carrier Air India. The government is seeking to sell 100% of its stake in the state-owned national airline, including Air India's 100% shareholding in AI Express Ltd and 50% in Air India SATS Airport Services Private Ltd. The stake sale process, which begun on January 2020, faced delays due to the COVID-19 pandemic.

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The Hindu

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