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Govt kickstarts sale process of 2 subsidiaries of erstwhile national carrier Air India - Jammu Kashmir Latest News | Tourism

NEW DELHI, Sept 19:The Government has initiated the process of privatising 2 subsidiaries AIASL and AIESL of erstwhile national carrier Air India, an official said. “The Department of Investment and Public Asset Management (DIPAM) has initiated investor meetings and roadshows to gauge interest in AIASL and AIESL. We will soon invite EoIs from interested bidders,” the official said. A debt-laden Air India was sold to Tata Group in October last year for Rs 18,000 crore. The actual handover […] ....

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