Hci Sell-Off To Be Finalised By October

The sale of Hotel Corporation of India (HCI) properties is expected to be finalised by October-end. With the Singapore Airlines (SIA) pulling out of the Air-India disinvestment, the government has got additional time to complete the HCI privatisation. The Tatas have also got more time to come up with a consortium partner, say senior officials in the department of disinvestment (DoD).