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India calls for bids as it seeks to sell entire stake in Air India

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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