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India invites bids to appoint banks, lawyers for Air India sale

Reuters  |  NEW DELHI 

(Reuters) - has invited bids to appoint two financial advisors and one legal advisor for the of national carrier and its subsidiaries, the Ministry of said in a newspaper advert on Thursday.

The government gave the green light to sell India, which has struggled under losses and its debts, in June, and officials have said they want the process to offload all or parts of the airline by early 2018.

Interested investment banks and law firms have until Oct. 12 to pitch for their role in the

(Reporting by Tommy Wilkes; Editing by Nidhi Verma)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Thu, September 14 2017. 09:02 IST