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

A panel of officers — which had been tasked to look into the options proposed by the transaction advisor, Ernst & Young — is also not in favour of reducing the debt by Rs 23,000 crore, sources told TOI. Some of the potential bidders had also sought clarifications on this. On September 18, TOI had reported on the options.

from Transportation-Industry-Economic Times https://ift.tt/34YvmOX