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India open to listing Air India after failed divestment: government source

Reuters  |  NEW DELHI 

By Nidhi Verma and Manoj KumarNEW DELHI (Reuters) - India is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company.While the government is considering several proposals related to reviving the divestment process, it will not allow complete foreign ownership of the airline, the source said, declining to be named before a final decision is reached.One of the proposals could involve the government retaining a share in the debt-laden carrier and selling it at a later date so it can capitalise on ...

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First Published: Wed, June 13 2018. 16:51 IST
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