49: Will Modi govt’s sweet deal on Air India help attract bidders?
In a fresh effort to sell Air India, the government has invited bids for a 100% stake in the national carrier. Not only has the complete stake been put on the table, the government has also made other relaxations, such as significantly reducing the debt burden that the buyer will have to take on. The question is, will this be enough to attract buyers to the loss-making airline, and can the deal indeed be completed by March, as the government is targeting?
