NEW DELHI (Reuters) - India is to examine the possibility of selling up to 49 percent of loss-making national carrier Air India, news agency NewsRise Financial reported on Wednesday, citing an unnamed official.The government plans to form a four-to-five member panel, made up of officials from the finance ministry, the civil aviation ministry, the cabinet secretariat and the company, to consider selling a stake in Air India to meet its revenue target from state asset sales next fiscal year, according to NewsRise.Indebted Air India, which last made an annual profit in 2007, has seen its market ...
World's richest Hindu temple wants gold rather than cash under scheme
World's richest Hindu temple wants gold rather than cash under scheme
India to consider Air India stake sale
Reuters |
First Published: Wed, March 23 2016. 14:45 IST
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