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Thursday 15 October 2020

Government to go ahead with Air India sale, may not retire debt

The government is moving ahead with Air India strategic sale and is expected to ask suitors to bid based on the combined equity and debt value while turning down suggestions to either run the operations for next two-three years or shut down the national carrier. A panel of officers is also not in favour of reducing the debt by Rs 23,000 crore, sources told TOI.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/318j85e

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