Civil Aviation Minister Hardeep Singh Puri said on Saturday that Air India will divest 100 percent as the choice was now between divesting or closing. “We have decided that Air India will divest 100%. The choice is not between divestment and not divestment, but between divestment and closing. Air India …
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Written by Sandeep Singh, Pranav Mukul, Aashish Aryan | New Delhi | Updated: December 17, 2020 7:25:10 am This is the government’s second attempt to divest its stake in the airline after the previous move in 2018 ended without an offer. LAXMI PRASAD PALAYPU, President of US-based Interups Inc, which …
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Written by Pranav Mukul | New Delhi | December 15, 2020 4:48:21 am “Multiple expressions of interest have been received in Air India’s strategic divestiture. The transaction will now go to the second stage, ”Tuhin Kanta Pandey, secretary of the Department of Investment and Management of Public Assets, posted in …
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Written by Pranav Mukul, edited by Explained Desk | New Delhi | Updated: December 14, 2020 8:57:57 pm This is the government’s second attempt to divest its stake in Air India. (Source: Air India / Twitter) The Center has said it has received “multiple expressions of interest” from Air India, …
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