Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India

Tatas, SpiceJet's Ajay Singh submit financial bids to acquire Air India

The Tata group and SpiceJet promoter Ajay Singh have submitted financial bids for acquiring Air India as the disinvestment process of the debt ridden national carrier entered its final stage. The government hopes to conclude the disinvestment of Air India this year. Wednesday was the last day for submission of financial bids.

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