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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Centre issues bid document to sell 100 percent stake of Air India

New Delhi: The Government of India (GoI), today, issued a bid document to sell 100 per cent stakes of Air India (AI). 'The GoI has given ‘in-principle’ approval for the Strategic disinvestment…

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Published January 27, 2020 · 1 min read
centre issues bid document to

New Delhi: The Government of India (GoI), today, issued a bid document to sell 100 per cent stakes of Air India (AI).

'The GoI has given ‘in-principle’ approval for the Strategic disinvestment of AI by way of the transfer of management control and sale of 100 per cent equity share capital of AI held by GoI which will include AI's shareholding interest of 100 percent in AIXL ( Air India Express Ltd.) and 50 percent in AISATS (Air India SATS Airport Services Private Limited)', the bid document read.

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