air india bidding

NEW DELHI: The government has begun evaluation of financial bids received from Tata Group and SpiceJet founder for the acquisition of Air India, sources said. With this, the privatisation process of the national flag carrier has moved to…

<!-- -->Tata Sons and SpiceJet have officially submitted their respective bids for the Air India sale on Wednesday. The bidding process has now moved to the concluding stage.Air India received financial bids for its disinvestment…

The new owner of Air India will have to absorb ₹23,286.5 crore while the rest would be transferred to Air India Assets Holding Ltd, a special purpose vehicle. As Wednesday was the last day for putting in the financial bid to buy Air…