Air India: US based fund in talks with banks, others to join the bid

The InvIT structure will help the fund to encourage institutional investors to participate in Air India's growth story once its privatisation is over

air india

The valuation exercise for Air India by Interups Inc is almost complete.

With the Tatas unsure about making a bid for Air India, US-based fund Interups Inc is giving final touches to its own, which includes forming an infrastructure investment trust (InvIT)

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First Published: Sep 27 2020 | 12:19 PM IST

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