
India calls for bids as it seeks to sell entire stake in Air India
Monday, January 27, 2020, 7:37 PM
The government said it plans to sell its entire interest in Air India Ltd, in a renewed push to sell the airline after an attempt to auction a majority stake almost two-years-ago failed to draw any bids. A document released showed March-17 as the deadline for submission of initial expressions of interest, and that any bidder must assume liabilities including 232.87-billion-rupees in debt.
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