You are here: Home » Economy & Policy ¬Ľ News
Gems, jewellery exports surge to Rs 25,226 cr in April: GJEPC
icon-arrow-left
Business Standard

Cairn dispute: Govt sees no threat to privatisation of Air India

Once Air India is sold to private buyer, Cairn's claim will be defeated: Official

Topics
Cairn India | Air India | Divestment or disinvestment

Nikunj Ohri  |  New Delhi 



Air india
Only a notice has been issued by the US Court and is yet to be received by Air India, and the airline has 60 days to file its reply.

Cairn Energy’s attempt to sue in the US will not affect the national carrier’s privatisation, which will take off without any disruptions, according to a top government official. The sale of the airline to a private buyer will defeat Cairn Energy’s claim that it is legally indistinct from the sovereign, he said.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, May 18 2021. 06:10 IST

RECOMMENDED FOR YOU

.