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The LIC way or the Air India way: A tale of two suboptimal paths

One path waits for the company to go bankrupt while the other continues to subject it to government whim, writes T N Ninan

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4 min read Last Updated : May 20 2022 | 10:15 PM IST
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Consider two recent sales by the government — of Air India wholesale to the Tata group, and shares in Life Insurance Corporation (LIC) to retail investors. LIC’s offer price was
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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Topics : LIC IPO Air India Disinvestment privatisation Weekend Ruminations T N Ninan Indian Economy Markets BSNL MTNL

First Published: May 20 2022 | 7:00 PM IST

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