Wednesday, January 9, 2019

Govt eyes about Rs 7,000 crore from Air India sale

The government will initiate the process of strategic disinvestment of Air India in the second half of 2019-20 and in between it would work towards selling some of its subsidiaries and monetise assets. Air India has a debt burden of Rs 55,000 crore. "We are eyeing $1 billion from the sale of Air India," the official said.

from Times of India http://bit.ly/2shlHAf
The government will initiate the process of strategic disinvestment of Air India in the second half of 2019-20 and in between it would work towards selling some of its subsidiaries and monetise assets. Air India has a debt burden of Rs 55,000 crore. "We are eyeing $1 billion from the sale of Air India," the official said. https://ift.tt/eA8V8J January 09, 2019 at 03:12PM http://bit.ly/2hJjhqE

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