BREAKING NEWS
Am an independent, no more with BJP to face disciplinary action: rebel leader Eshwarappa
India aims to achieve debris-free space missions by 2030: ISRO chief Somanath
Markets slump for third day on fears of escalating tensions in Middle East; IT stocks drag
LS polls: Rahul Gandhi attacks PM Modi calls him instrument of rich
Renowned musician K G Jayan passes away
RCB’s Maxwell to take a break from IPL 2024 for mental and physical wellness
Boat capsizes in Jhelum river in J-K; at least 4 dead
BJP files complaint with Election Commission against Karnataka Minister D Sudhakar
Lamborghini burnt by old car dealer over dispute with owner in Hyderabad
No way to hide when your confidence is low: Faf du Plessis
Firing outside Salman Khan’s residence: Alleged shooter and accomplice arrested
Travis Head guides SRH to record IPL total of 287/3 against RCB
EC says Tharoor’s statement against Chandrasekhar in interview violates model code
New kid on the block: 15-year-old Tanvi hopes to emulate Sindhu’s aggression in Uber Cup
Congress files EC complaint over Modi’s ‘Sultan of Tukde Tukde gang’ remarks at Mysuru rally
Govt to sell 100% stake in Air India; issues bid document
Team Udayavani, Jan 27, 2020, 10:41 AM IST
New Delhi: The government on Monday issued the preliminary information memorandum for 100 per cent stake sale in national carrier Air India.
As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost airline Air India Express and 50 per cent shareholding in joint venture AISATS, as per the bid document issued on Monday.
Management control of the airline would also be transferred to the successful bidder.
The government has set March 17 as the deadline for submitting the Expression of Interest (EoI).
EY is the transaction advisor for Air India disinvestment process.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Markets slump for third day on fears of escalating tensions in Middle East; IT stocks drag
Tesla is planning to lay off 10 of its workers after dismal 1Q sales, multiple news outlets report
With just Rs 150 base airfare take a 50-minute flight
Byju’s founder Raveendran to take over firm’s daily operations after CEO Mohan’s resignation
Sensex, Nifty tank 1% as markets plunge after US inflation dashes rate cut hopes
MUST WATCH
Latest Additions
Am an independent, no more with BJP to face disciplinary action: rebel leader Eshwarappa
Three killed, one seriously injured in road accident near Hubballi
Rahul Gandhi to address 2 public meetings in Karnataka tomorrow
BJP urges EC to stop Cong’s ‘Guarantee Cards’ campaign
EC bans Cong’s Randeep Surjewala from campaigning for 48 hrs over remarks on Hema Malini