Udayavni Special

Financial bids received for Air India disinvestment; Tatas among suitors


PTI, Sep 15, 2021, 5:57 PM IST

The government on Wednesday said it has received multiple financial bids for buying national carrier Air India.

Meanwhile, a Tata Sons spokesperson told PTI that it has put in a bid for the airline.

“Financial bids for Air India disinvestment received by Transaction Adviser. The process now moves to the concluding stage,” DIPAM Secretary Tuhin Kanta Pandey tweeted.

The government is seeking to sell 100 percent of its stake in the state-owned national airline, including Air India’s 100 percent shareholding in AI Express Ltd and 50 percent in Air India SATS Airport Services Private Ltd.

The stake sale process, which begun in January 2020, faced delays due to the COVID-19 pandemic. In April 2021, the government asked potential bidders to put in financial bids.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Would pass detailed order to deal with problem of strikes by lawyers: SC

Registration of Marriages (Amendment) Bill may have serious impact on education of minors: NCPCR

‘Congress do not poach MLAs’: DKShi on BSY’s allegation of BJP MLAs being in touch with party

Queen’s granddaughter Princess Beatrice gives birth to baby girl

Parents in China laud rule limiting video game time for kids

After 2 months in jail, Raj Kundra, aide get bail in adult films case

NCW chief seeks Punjab CM’s resignation over #MeToo allegations

Related Articles More

Would pass detailed order to deal with problem of strikes by lawyers: SC

Registration of Marriages (Amendment) Bill may have serious impact on education of minors: NCPCR

‘Congress do not poach MLAs’: DKShi on BSY’s allegation of BJP MLAs being in touch with party

First vaccine dose given to over 90 per cent of eligible persons in Kerala: Health Minister

Amazon India to launch voice shopping in Hindi soon

MUST WATCH

Elephant gone wild at mysore

Suspend your officers : Former Speaker​ Ramesh Kumar | Assembly Session 2021

TELANGANA GANAPATHI LADOO AUCTIONED FOR 48 LAKHS

Mangaluru: Man attacks women at training centre; arrested

Ullal: Miraculous escape for boy after car runs over him; incident caught on CCTV


Latest Additions

Would pass detailed order to deal with problem of strikes by lawyers: SC

Registration of Marriages (Amendment) Bill may have serious impact on education of minors: NCPCR

‘Congress do not poach MLAs’: DKShi on BSY’s allegation of BJP MLAs being in touch with party

First vaccine dose given to over 90 per cent of eligible persons in Kerala: Health Minister

Queen’s granddaughter Princess Beatrice gives birth to baby girl

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.