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  Govt signs share purchase agreement with Tata Sons for Rs 18,000 crore Air India sale

  Business | October 25, 2021 17:59 IST

  Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.  

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  Air India may get new buyers in May-June

  Business | March 26, 2021 20:25 IST

  The much-delayed privatisation of Air India is likely to complete in the first half of this year.

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  Key issues yet to be resolved for Air India sale

  Business | November 01, 2019 13:54 IST

  Among the key issues holding Expression of Interest (EoI), first stage of bidding, is whether FDI norms have to be relaxed to allow foreign airlines to take full control of the airline and extending national carrier status after change in ownership

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  Govt plans to complete sale of Air India subsidiary AIATSL by March 2019

  Business | November 25, 2018 11:53 IST

  Air India is reeling under a huge debt burden of over Rs 50,000 crore and the government is planning to sell its non-core subsidiaries of the national carrier.

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  Government plans strategic sale process of 4 Air India subsidiaries soon

  Business | September 16, 2018 12:22 IST

  The disinvestment process is likely to be initiated soon for four Air India subsidiaries -- AASL, HCI, Air India Air Transport Service Ltd (AIATSL) and Air India Engineering Service Ltd (AIESL).

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  Air India sale: Govt should divest full stake, allow foreign airlines to bid for national carrier, says IATA chief

  Business | December 11, 2017 8:46 IST

  IATA CEO De Juniac said the government should allow foreign carriers to bid for Air India, and it could prescribe limits to which they can hold stake.