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India News | Par Panel Again Asks Civil Aviation Min About Enterprise Value of Air India Disinvestment

Get latest articles and stories on India at LatestLY. A Parliamentary panel on Thursday again asked the civil aviation ministry to explain about how the enterprise valuation of Rs 18,000 crore was arrived for the disinvestment of Air India that was completed in January last year.
India News | Par Panel Again Asks Civil Aviation Min About Enterprise Value of Air India Disinvestment. ....

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Air India privatisation: Centre to invite financial bids by March-end


Air India privatisation: Centre to invite financial bids by March-end
The shortlisted entities might be given time till June or early July to furnish their financial bids. After the bids are locked, the stake sale will take another 3-4 months to finalise after evaluation of the bids
BusinessToday.In | March 11, 2021 | Updated 22:27 IST
Central government is reportedly planning to invite financial bids for privatisation of national carrier Air India by the end of this month. The plan is to wrap up the disinvestment process in the second half of the current calendar year.
The shortlisted entities might be given time till June or early July this year to furnish their financial bids, reported CNBC-TV18. After the bids are locked, the sale of Air India will take another 3-4 months to finalise after evaluation of the financial bids. ....

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Air India sale: Employee consortium disqualified from bid, Tatas favourite


Updated Mar 08, 2021 | 21:50 IST
After the latest development, now, Tata Group and SpiceJet promoter Ajay Singh are among those left in the bid to take over the national carrier. Tata seems to the leading the race at the moment
Air India sale: Employee consortium disqualified from bid, Tatas favourite 
New Delhi: The Air India employee consortium failed to make it to the next round of divestment process as their Expression of Interest for the privatization of the national carrier did not made the cut. In a three-page letter to employees, Meenakshi Mallik, Commercial Director, informed the consortium that its bid was not shortlisted. ....

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