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Air India, BPCL disinvestment to be completed by July-August


Air India, BPCL disinvestment to be completed by July-August
While DIPAM targets to complete the stake sale by June, the government may have to relax the time period for bidders to complete due diligence.
BusinessToday.In | February 24, 2021 | Updated 17:05 IST
Finance Minister Sitharaman had said strategic disinvestment of BPCL, Air India, Shipping Corporation, Container Corporation, IDBI Bank, BEML, Pawan Hans, among others, would be completed in 2021-22.
The government is likely to ask bidders for government s stake sale in national carrier Air India and Bharat Petroleum Corporation Ltd (BPCL) to submit their financial bids in next two months as it intends to complete the divestment latest by July-August. ....

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