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Top headlines: Air India's 100% stake sale; 1,000 frauds in 5 years at UCBs

From government announcing a 100 per cent stake sale in Air India to a new case of Coronavirus in India here are today's top headlines

Air India
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The government has thoroughly analysed the failed sale process of last year and is making changes in the privatisation process based on those lessons

BS Web Team New Delhi
Govt to sell 100% stake in Air India; sets March 17 as deadline for bids

The government on Monday announced sale of 100 per cent stake in debt-laden Air India as it issued the preliminary bid document for the strategic disinvestment and has set March 17, as the deadline for submitting expression of interest. As part of the strategic disinvestment, Air India would also sell 100 per cent stake in low-cost airline Air India Express and 50 per cent shareholding in joint venture AISATS, as per bid document. READ HERE

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