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Air India sale: Tatas among suitors

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

Air India sale: Tatas among suitors
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Air India sale: Tatas among suitors

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New Delhi: The central government on Wednesday said it has received multiple financial bids for buying national carrier Air India (AI). 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.

Process now moves to concluding stage," DIPAM Secretary Tuhin Kanta Pandey tweeted.

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

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