On January 27, the revised document asking for expression of interest from anyone interested in buying the national carrier, Air India, was released. Anyone who has looked at it closely will agree the document shows the government’s willingness and even eagerness to sell the airline: 100 per cent equity sale instead of the earlier 76 per cent, a lower debt left on its books and easier terms for the buyer. But no matter which way one looks at it, buying this “gold mine” is not for the faint-hearted. Let me elaborate.
To begin with, there’s a Rs 23,286.5 crore doubt
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