You are here: Home » Economy & Policy » News
Govt to decriminalise 12 offences under LLP Act for ease of doing business
Hero MotoCorp Q3 preview: Profit seen rising over 11% YoY; margins may dip
Business Standard

Govt likely to fetch around Rs 15,000 crore from sale of Air India

Prospective bidders are perhaps ascribing zero value to the equity of the financially-stressed company, a source said. The Tata group is being considered a frontrunner for acquiring Air India

Topics
Air India | Air india privatisation | Tata group

Arindam Majumder  |  New Delhi 



Air India, aircraft, flights
Bidders are reluctant to put any significant value on intangible assets like airport slots and bilateral rights, which are otherwise considered prime

The government is expecting to fetch around Rs 15,000 crore from the sale of Air India, its subsidiary Express and AISATS, according to officials and bankers involved in the divestment process.

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: Thu, February 04 2021. 06:10 IST

RECOMMENDED FOR YOU

.