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Tatas, US-based fund Interups among bidders for debt-laden Air India

The latter's bid is made in partnership with a group of airline employees

Topics
Tata Sons | Air India sale | Air India

Arindam Majumder & Aneesh Phadnis  |  New Delhi/Mumbai 



Air india
“Multiple expressions of interest have been received for strategic disinvestment of Air India. The transaction will now move to the second stage”, Tuhin Kanta Pandey, secretary, DIPAM

has emerged as a front runner to take over 100 per cent stake in the stressed national carrier Air India, sources involved in the sale process said on Monday after the expression of interest (EoI) deadline ended. There were other suitors as well including a consortium of employees and US-based fund Interups.

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First Published: Tue, December 15 2020. 00:37 IST

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